HomeIsraelVenture Capital Firm 2i Ventures Launches in Israel

Venture Capital Firm 2i Ventures Launches in Israel

2i Ventures, a Tel Aviv, Israel-based defense tech venture capital firm, officially launched.

The firm will focus on investments in startups that develop technology for civilian and defense applications. In addition, the 2i will help make civilian technologies accessible to the defense market, which currently records high budgets.

Following an initial closing of funds raised from Israeli, American and European investors, the firm keeps on raising capital. 2i has also started investing, mainly in areas that correlate with its strategic partners. The firm made an investment in Israeli based Quantum Machines, which is engaged in the field of quantum computing, with venture capital investors such as Battery Ventures, TLV Partners, Red Dot Capital Partners, Avigdor Willenz and more. Quantum Machines was commissioned for the establishment of the Israeli quantum computing center, and boasts many clients such as governments, universities, and corporations around the world.

2i Ventures was established by Altshuler Shaham, one of Israel’s leading investment houses, together with Moshe Weingarten, CEO of Altshuler Shaham Global, and Ehud Hai, a former partner in Vintage Investment Partners’ funds, who led various investments such as Sentinel One, Tufin, Autotalks and more.

Gadot group, a multinational leader in the field of management and operations in the chemical value chain and a co-owner of the Port of Haifa, joined 2i Ventures as an investor and strategic partner. The fund signed a strategic partnership agreement with Maf’at (Directorate of Defense Research & Development), the R&D arm of the Israeli defense establishment. Another partner who joined the fund is Dror Erez, a serial entrepreneur and formerly co-founder and VP of Technology at Conduit.

VCWire

22/03/2024