Amiti Ventures News
9 articles
growth-positive
JFrog buys Israeli AI co Qwak for $230m
JFrog, a company listed on Nasdaq, is acquiring the Israeli startup Qwak for $230 million. This acquisition is aimed at expanding JFrogs activities in AI and MLOps, enhancing their software supply chain platform. Qwaks AI platform aids companies in managing AI applications, thus allowing development and data science teams to focus on core tasks. The acquisition has resulted in significant profits for Qwaks investors, including Stage One, Amiti Ventures, and Bessemer Venture Partners. Qwak had previously raised over $25 million and was valued at $64 million in March 2023. The acquisition is expected to enhance JFrogs platform capabilities, providing a unified experience for various operational processes.
Acquired-by
growth-positive
Amiti Ventures joins pharma venture studio AION Labs as a Strategic Partner
AION Labs, an Israeli venture studio focusing on AI and computational science in drug discovery, has announced a strategic partnership with early-stage VC firm Amiti Ventures. The partnership aims to advance patient-centric precision medicine and bring new treatments to market. AION Labs builds and invests in early-stage startups focused on AI and biology in drug discovery and development. The venture includes companies like AstraZeneca, Merck, Pfizer, Teva, the Israel Biotech Fund, and Amazon Web Services (AWS), and is powered by BioMed X with the support of the Israeli Government via the Israel Innovation Authority.
Partners
Amiti Ventures appoints Zoe Ofer as Senior Associate | CTech
growth-positive
"I want others to see women in the room and think they might want to have a female co-founder" | CTech
The article discusses Almog Zoosman-Lehmans role as Community and Partnerships Lead at Amiti Ventures, a U.S. and Israeli based VC firm. Zoosman-Lehman talks about her efforts to connect people, promote diversity, and support female founders through community management. Amiti Ventures has a focus on investing in early-stage Israeli startups and has $300 million under management. The company has a strong commitment to diversity and inclusion, as evidenced by its term sheet. The article highlights Zoosman-Lehmans personal journey, including her experiences studying abroad and working in various roles before joining Amiti Ventures. It also mentions her positive experience with the company during her pregnancy and maternity leave. Overall, the article portrays Amiti Ventures in a positive light, emphasizing its commitment to diversity and support for its employees.
PartnersCustomers
growth-positive
Amiti Ventures raising new $130 million fund
Israeli venture capital fund Amiti Ventures is in the advanced stages of raising a $130 million fund. The fourth fund will be led by Ben Rabinowitz and Maya Pizov, with Managing Partner Modi Rosen electing to part ways. The fund aims to raise the number of women and minorities in the boards of the companies they invest in.
Management Changes
growth-positive
Maya Pizov, Amiti: Autotech has a strong future ahead of it
Maya Pizov of Amiti Ventures believes that compute and data-related industries are well positioned to thrive long term. The company is excited about investing in compute, developer tools, and autotech. They have made recent investments in Spectral and Demostack. Amiti Ventures sees Israel as capable of building important compute and AI companies. They are also bullish on autotech, with portfolio companies Innoviz and Valens going public. As investors, Amiti Ventures looks for founding teams that have a good understanding of the market, relevant technological capabilities, and complement each other. They join the board of the companies they invest in and provide support in critical times and strategic decisions. Amiti Ventures believes that education and openness to diverse candidates are key to solving the HR crisis in the tech industry.
InvestmentExpand
growth-positive
המשקיע הראשון ב-Waze: "אני חושב שחברות יצטרכו ללמוד להעסיק עובדים גם מחוץ לישראל"
Modi Rosen, a veteran investor with over 20 years of experience and a founding partner of Amiti 3, discusses his investment strategies and the changes in the venture capital market. He highlights the significant growth in technology investments, driven by the understanding that most economic growth will come from tech. He also mentions the challenges faced by startups, particularly in terms of human resources, with companies allowing themselves to pay large sums and competition for talent increasing. Rosen advises startups to focus on building a strong initial team and identifying and seizing business opportunities.
Investment
growth-positive
"הקורונה לא אמורה למנוע מכם הקמת סטארטאפ"
Amiti Ventures, an Israeli venture capital firm, has been investing in technology startups since its establishment in 2010. The firm has invested in companies such as Innoviz, AppsFlyer, Waze, and AIDoc. The firms strategy is to invest in teams with technological innovation and expertise, targeting large markets at the right time. Amiti Ventures has a track record of impressive returns on investment and strong portfolio performance. The firms founders, Ben Rabinovitz and Modi Rosen, believe that the COVID-19 pandemic should not deter entrepreneurs from starting a startup, as it has accelerated the use of technology in all sectors.
Investment
growth-positive
VC firm Amiti secures $110 million for third fund
Tel Aviv-based venture capital firm Amiti Ventures has secured $110 million in commitments for its third fund. The new fund has already made two investments and focuses on early stage tech companies. The firm believes that investments in early stage companies will suffer due to the global COVID-19 crisis. Most of the new funds were raised from international investors outside of Israel. Amiti Ventures was founded in 2010 by managing partner Ben Rabinowitz, who joined forces with Modi Rosen of Magma Venture Partners to establish the new fund.
Investment
