Entrée Capital, a Tel Aviv, Israel-based international venture capital firm, closed its second Israeli focused early stage fund, at $80m.
Entrée’s previous Israeli fund invested at the early-stage in Israeli startups such as monday.com, Riskified, DragonPlay (exited to Bally/Scientific Games), HouseParty, Breezometer and KitLocate (exited to Yandex).
Led by Aviad Eyal, founder and Managing Partner, the new fund will target early-stage companies with Israeli founders both in Israel and abroad, in the fields of deep technology, AI, AR/VR, SaaS, Fintech and ‘loss of friction’ opportunities.
The firm also announced the addition of two new partners to the new fund:
– Ran Achituv joined as a Managing Partner, and
– Eran Bielski, who worked at Entrée Capital for over three years, was promoted to General Partner.
Entrée Capital has offices in Israel, UK, and the US and manages over $300m across a number of funds and its portfolio includes SnapChat, Stripe, Deliveroo, Prospa, monday.com, Riskified, HouseParty, Stash, PillPack, SeatGeek, Coupang and over 50 other investments.
FinSMEs
10/05/2018