Lumir Ventures

growth-positive

Tomorrow.io, a leading weather intelligence and climate adaptation platform, has received strategic investment from Lumir Ventures. The investment was part of Tomorrow.ios Series E funding round led by Activate Capital. Tomorrow.io is revolutionizing weather understanding and adaptation with its SaaS platform that provides actionable insights based on high-resolution forecast modelling and global weather data. The company is further expanding its capabilities by launching its proprietary space program this year, which will involve deploying weather satellites into orbit to capture high-frequency, high-resolution scans of precipitation and atmospheric profiles across the globe.

growth-positive

Israeli human resources flexibility platform developer Gloat has completed a $90 million Series D financing round led by Generation Investment Management. The funding brings the total raised by the company to $182 million. Gloats platform combines an AI-powered talent marketplace with workforce intelligence to break down organizational barriers and provide insights for talent decision-making. The companys customers include Unilever, Schneider Electric, Seagate, Nestlé, Novartis, MetLife, HSBC, and ABInBev.

growth-positive

Investor Josh Liberman has partnered with Tel Aviv-based firm 10D through his family office, Josh Liberman Investment Group, to focus on supporting Israeli companies. Liberman has established Lumir Ventures, a venture capital firm, to provide Australian investors access to his pipeline of Israeli technology start-up opportunities. The fund aims to build a diversified portfolio of great tech companies across various sectors and market focuses. 10D, one of the first and biggest investors in Waze, is also involved in the partnership.

growth-positive

Lumir Ventures, led by Josh Liberman, has established a fund to provide Australian investors with access to Israeli technology start-up opportunities. Israels strong tech ecosystem, advanced defense force, multinational research and development centers, and government support have contributed to the countrys success in developing tech and research-based companies. Lumir Ventures aims to build a diversified portfolio of tech companies across various sectors and market focuses. The fund will target more established revenue-generating companies at the Series B or C funding stage. Other venture capital firms, such as 10D and Square Peg, have also recognized the investment opportunities in Israeli tech.