Hetz Ventures closes $77m Israel VC fund

Venture capital fund for investments in early stage Israeli startups Hetz Ventures announced today the closing of its second flagship fund, oversubscribed at $77 million. With Fund II, Hetz will have $130 million under management. Hetz closed $55 million Fund 1 in February 2018 and has since invested in 10 enterprise software companies.

Globes

September 14, 2020

‍

Hetz Ventures, a venture capital fund specializing in early-stage Israeli startups, has closed its second flagship fund at $77 million. With Fund II, Hetz now has $130 million under management. The fund focuses on investing in deep-tech startups in areas such as B2B enterprise software, DevOps, cybersecurity, cloud computing, and fintech. The fund has attracted contributions from experienced international investors, as well as founders of its portfolio companies and local entrepreneurs. Hetz Ventures has already invested in two companies through Fund II and has a portfolio that includes Trigo, Granulate, Codota, Anima, Jones, MarketBeyond, DeepChecks, Infinipoint, and Acumen. The fund aims to support companies with disruptive business models and defensible technologies.

‍

Read more in Globes