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Nov 13, 2019 · nocamels.com
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New US-Israeli Fund Aims To Invest In 'Kosher' Property Tech Startups
BuiltUp Ventures, an Israeli-American fund, is raising $50 million to invest in startups and companies developing property and real estate technologies. The fund aims to connect entrepreneurs to New Yorks Orthodox Jewish community, which is heavily involved in the local real estate industry. It will focus on seed investments in construction, retail, logistics, and other sub-sectors of property tech. The fund plans to raise $10 million in initial funding and complete $50 million in funding in 2020. BuiltUp Ventures has selected eight Israeli companies from its portfolio to exhibit at the Mipim PropTech conference in New York City. The fund is led by Oded Eliashiv, Eliezer Gross, Yishai Breslauer, and Amos Meron.
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