Picture Capital

growth-positive

Picture Capital, a venture capital firm led by Israeli unicorn founders, has successfully raised $112 million for its debut fund, surpassing its initial target of $100 million. The firm plans to invest an additional $200 million in both Israeli and international startups, focusing on cybersecurity and other sectors. This fundraising effort highlights Picture Capitals commitment to supporting innovative companies and expanding its investment portfolio. The firm has already made several initial investments, including in a startup founded by former employees of Axis Security and Microsoft, although details of this startup remain undisclosed.

growth-positive

Four prominent figures in Israeli cybersecurity, Mickey Boodaei, Dan Amiga, Mike Fey, and Rakesh Loonkar, are establishing a joint investment fund called Picture Capital. The fund aims to continue supporting Israeli high-tech in the wake of investment funds withdrawal from the region due to economic crises and political instability. The fund is not yet operational as a standard venture capital fund and is not expected to raise external institutional investors. However, the funds investment potential is estimated at tens of millions of dollars.