A new Israeli-Japanese venture capital fund called Aristagora VC, designed to invest in early-stage Israeli companies, has raised $ 60 million. The fund focuses on investing in deep tech companies and will invest between $ 500,000 and $ 1.5 million in each venture as an initial investment, and will also support follow-up rounds.
Read more in Calcalist:
The Israeli partners in the fund are Anat Tila Charney, who will serve as managing partner. Charney has 10 years of experience in technology investments, the capital market and investment banking and has led the Asia division at Discount Capital Underwriting. Moshe Tzarfati, who will serve as managing partner, was previously a managing partner in Krypton VC focused on technology investments in the lime stages, and is leaving Bank of America. The chairman of the fund’s investment committee is Gideon Ben-Zvi, who currently serves as CEO of Valens, which founded and previously managed four start-up companies, three of which made an exit. The fund has a fourth partner, Takashi Shinoda, based in Japan. Shinoda is the owner and CEO of Aristagora Advisors.
Artistagura team. From the right: Gideon Ben Zvi, Anat Tila Charney and Moshe Tzarfati Photo: Doron Letzer
The decision to focus on investing in Israeli companies came following a number of business collaborations in recent years on the Israel-Japan axis, between Thila Charney and Shinoda. Over the years, the interest of Shinoda and other investment factors in Japan in technologies and innovation in Israel has increased. Against this background, it was decided to establish the fund.
This is the first venture capital fund set up by Shinoda and although the Japanese generally prefer to enter companies at a later stage, the long acquaintance with the Israeli market has resulted in the decision to invest in young companies with deep technology. Representation in Japan will assist in the entry and growth of Asian companies, markets that are more challenging to penetrate for foreign companies. The purpose of the fund is to assist entrepreneurs in the stage of product development and customer base growth, which involves many costs.
Moshe Tzarfati, managing partner at the fund, said: “Market data and many studies show that the trend of low investment in early-stage companies in Israel and around the world has only worsened in recent years with the increase in the number of funds and their financial size.” Early-stage investors today are required to provide broader financial quiet than in the past, and support larger amounts in young companies until they reach the ready stages for funds and follow-up players. “Difficult and broad financial capabilities, we will give peace to the portfolio companies and feed the follow-on funds as soon as the companies are ready for the next steps.”
Anat Tila Charney, managing partner of the fund, said: “There is a growing demand to be exposed to Israeli technologies and innovation, among Asian and Japanese investors in particular. On the other hand, the process of foreign and especially Israeli companies entering the Japanese market is a slow and challenging process. The culture, pace of work and local business conduct are almost impossible.We have the opportunity to help significantly as a fund with a Japanese operation.It is important to note that activity in Japan is not a necessary condition for our investment, we are a global fund that brings significant advantage in the Japanese market. And also in the hat of a Japanese investor. “
*The article has been translated based on the content of Source link by https://www.calcalist.co.il/internet/articles/0,7340,L-3865871,00.html
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!
These were the details of the news An Israeli-Japanese venture capital fund has raised $ 60 million to... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at news1.news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.