On October 27, VentureIsrael launched a new capital venture fund which is directed at Israel-based technology startups. The investment strategy is aimed at technology companies with experience, flexible business strategy, and most importantly an advantage in their field.
First on the investment list are companies involved in secure quantum communications systems, AI market research solution, and next-gen correspondent banking platform.
Five partners make up the management of VentureIsrael, namely Michael Harte (former COO of Santander UK and Barclays), Roman Gold, Gadi Isaev, and Alexander Zarankin (Israeli investment platform ISCapital), and Igor Turkin (Investment Management Group).
‘The Israeli innovation industry is demonstrating phenomenal growth potential even given the current turbulent economic environment. In the first half of 2020, Israeli start-ups attracted a record of $5.25 billion investment capital, while the total amount of exits approached $7 billion. We also see that the demand for early-stage capital is growing faster than the amount of the funding available – therefore our aim is to find the right place in that niche of the market.’Roman Gold
‘Being a part of Israeli start-up ecosystem and having closed large number of successful investment deals, we have consistently observed the importance of a clear technological advantage in a company’s ability to stand out from the competition. That’s the reason our fund’s investment strategy will focus on deep-tech companies.’Gadi Isaev
VentureIsrael is also paying close attention to Israeli early-stage startups in the Enterprise Software segment.
‘Worldwide, we see in increasing corporate demand for digital transformation. The Israeli market has long established itself as an influential and effective provider of innovative solutions for the corporate segment and our fund will seek out the best opportunities in that field.’Igor Turkin
With this act, many investors both private and institutional are keeping an eye on VentureIsrael. The fund’s headquarters are based in Tel-Aviv with a London subsidiary. One of its Quantum companies in the portfolio is AvantLR which specializes in Secure Low-Cost Quantum Encryption.
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