Pitango Growth

growth-positive

The article discusses the growing trend of business-to-government (B2G) partnerships, highlighting how companies of all sizes are increasingly engaging with government entities to achieve scale, longevity, and global expansion. Chemi Peres, Managing Partner at Pitango, emphasizes the benefits of B2G collaborations, such as long-term contracts and stability, which are becoming more accessible due to digital transformation and the integration of innovative technologies. The article also explores how private sector innovation is influencing diplomacy and international relations, with examples of countries investing in tech infrastructure and dual-use technologies. The piece suggests that Israel should enhance its investment in dual-use capabilities and support Israeli companies in penetrating foreign B2G markets.

growth-positive

Pitango, a veteran Israeli venture capital fund, has leased 1,400 square meters of office space in Melisron and AFI Properties Landmark A high-rise office tower in Tel Aviv for NIS 40 million annually over 10 years. This move is indicative of the shift in Israels venture capital sector from Herzliya to the Sarona district of Tel Aviv. Pitango, founded in 1993, has invested $3 billion since its establishment and has $465 million available for investment. Despite facing increased competition from younger and foreign funds, Pitango continues to make prominent investments.

growth-positive

Tomer Landesman of Pitango Growth discusses the paradigm shift of traditional industries into the digital age. He highlights the accelerated digitization of customer journeys due to the pandemic, increased adoption of supply chain technologies, and the workforce shortage driving companies to consider new solutions such as automation, virtualization, and robotics. He also mentions government initiatives pushing digitization in traditional industries. Landesman points out the potential of Generative AI and the Omniverse to revolutionize factory simulations. He mentions several companies moving the needle in their respective industries, including Tulip and Formlabs, both Pitango Growth portfolio companies.

Neutral

Liron Wand, Venture Partner at Pitango Growth, spoke at the Tech TLV conference about the impact of macro trends on companies marketing budgets. He highlighted two specific trends in marketing: influencer marketing and community building. Influencers are becoming the brands, with personality and distribution becoming more important than the products themselves. Community building is also crucial, as it fosters two-way communication with customers and builds loyalty. Wand emphasized the importance of meeting customers where they are and communicating with them through tools they are comfortable with.

growth-positive

Israeli venture capital firm Pitango has announced the appointment of two new Venture Partners, Liron Wand and Dr. Jonathan Glazer. Wand, who has previously worked at Google and Facebook, will join Pitango Growth’s team. Dr. Glazer, the former Head of the Ambulatory Care Service in Tel Aviv Sourasky Medical Center’s Emergency Department, will join the Healthtech team. Pitango has raised more than $2.8 billion to date and invests via three dedicated funds: Pitango First, Pitango Growth and Pitango HealthTech.