Joule Ventures announces new $65 million fund, rebranding from Janvest Capital Partners
The VC’s new fund has already invested in the likes of Mirato, an AI-driven TPRM platform for financial institutions, Rupert, a data analyst backlog management solution, and Arnica, a stealth-mode DevSecOps startup
CTech | 15:27 09.12.2021
Joule Ventures, formerly known as Janvest Capital Partners, announced its rebrand on Thursday. Joule recently closed its $65 million Fund IV and has begun allocating capital to companies such as Mirato, an AI-driven TPRM platform for financial institutions, Rupert, a data analyst backlog management solution, and Arnica, a stealth-mode DevSecOps startup. Janvest Capital Partners was launched nearly a decade ago with the aim of providing a wider base of American LPs with access to Israel’s emerging technology ecosystem. Notable portfolio companies in which it led seed rounds include behavioral biometrics leader BioCatch, with more than $200 million in venture capital raised, and Coralogix, which earlier this year closed a $55 million Series C. The firm has over $100 million in AUM and invests in cybersecurity, data, Cloud, and AI/ML solutions.