IN Venture News
2 articles
growth-positive
IN Venture Raises $150M For Deep-Tech Startups in Israel
IN Venture, an Israel-based venture capitalist, has raised $150 million for its second fund to invest in early-stage deep-tech startups. The companys first fund was a $100 million investment in seven Israeli deep-tech startups, all of which received further investments. IN Venture is the venture capital arm of Sumitomo Corporation and focuses on early-stage technology startups. The company plans to invest the $150 million in early-stage Israeli startups, primarily in the deep-tech sector. The founders of IN Venture believe that Israel will have a significant impact on the world in the fields of ESG and digital transformation.
Investment
growth-positive
Japan's Sumitomo Corp. Announces $100 Million Israel Focused Fund
Sumitomo Corp. has launched a new $100 million investment fund called IN Venture, focused on investments in Israel. The fund will be run by Eyal Rosner and Eitan Naor. IN Venture has already led a $10 million funding round in Anagog, an Israeli startup developing location analytics technology. Sumitomo Corp. is a Fortune 500 company with close to 1,000 subsidiaries and operates in various industries. The corporation aims to find significant collaborations and connect with Israeli companies in infrastructure, including smart cities, digitization, healthcare, cyber, IT, energy, and mobilization.
Investment
