Hanaco Ventures winds down fundraising as founders chart new investment paths
Lior Prosor joins forces with Arkin Group on a new fund, while Alon Lifshitz launches Aurelius Capital to back dual-use and defense technologies.
Venture capital firm Hanaco Ventures, founded in 2017 by Alon Lifshitz, Lior Prosor, and Pasha Romanovski, and managing approximately $2 billion, is expected to stop raising new capital and will not raise a follow-on fund, Calcalist has learned. While the fund will continue to manage its existing portfolio, it will cease making new investments. Meanwhile, its founding partners are launching independent ventures.
Lior Prosor is expected to join the Arkin Group within the coming year to establish a new investment fund in partnership with Nir Arkin. Alon Lifshitz, together with Tomer Yaakov, is launching a new investment platform focused on dual-use and security technologies, called Aurelius Capital. The global platform will target advanced technologies with both civilian and defense applications and is operating in collaboration with former senior officials from the IDF, Israeli intelligence services, and the U.S. defense establishment.
In 2024, Pasha Romanovski resigned from Hanaco’s management following the fraud scandal at Vesttoo, where he served as a board member on behalf of the fund.
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Over its eight years of operation, Hanaco participated in several successful investments in high-profile companies, including: Fonterra, American Well, DigitalOcean, Moovit (acquired by Intel), Spotit, Guardz, and others.
