Singulariteam, a Tel Aviv, Israel-based venture capital firm, closed its second fund at $102m.
Limited partners include Tencent, Renren and Kenges Rakishev.
The fund will focus on making seed investments in startups in a variety of sectors that include fintech, mobile development, robotics, internet of things and traditional internet.
It has already invested in six startups.
Led by Moshe Hogeg, founder and managing partner, the firmĀ invested in 12 startups via its first fund including Mobli, Stox, InfinityAR, Effective Space, StoreDot, Sirin, General Robotics, Beyond Verbal, Intelagent, Meta, Spryologics and Yo.
FinSMEs
29/01/2015