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Magma Venture Partners

Former names: Magnum Venture Capital
Investor Israel Founded 1999
Last Update Aug 10, 2023

Magma Venture Partners News

2 articles
Nov 16, 2017 · www.calcalistech.com
growth-negative
Co-Founders' Dispute Shakes Israeli Venture Fund
Israel-based venture capital firm Magma Venture Partners has frozen its activities on a fifth fund due to managerial upheaval caused by a dispute between the firms co-founders. The firm will continue to operate its fourth fund, valued at $150 million. Magma has $450 million in assets under management and has invested in companies like Waze and Argus Cyber Security. The dispute between the co-founders has led to several departures from the firm and has made it difficult for Magma to bring in new investors.
Management Changes
Sep 29, 2014 · www.globes.co.il
growth-positive
Magma Venture Partners raises $150m Fund IV
Israeli venture capital firm Magma Venture Partners has completed fundraising for Magma Venture Capital IV with $150 million in new committed capital. The fund plans to invest exclusively with Israeli entrepreneurs, primarily in Israeli based technology teams, in their earlier stages of development. Magma Venture Partners was founded in 1999 and has a focus on early-stage technology. The fund received strong interest and was oversubscribed within weeks of announcement. Magma IV received support from existing Limited Partners and also attracted quality first-time investors.
Investment