Five years after founding: Massive $236m. funding round for third fund

Detailed summary

Vine Ventures' third fund is its largest to date, bringing its total assets to over half a billion dollars. About 50% of the amount will be allocated for investment in Israeli companies.

Venture capital fund Vine Ventures announced the completion of a $236 million fundraising round for its third fund, which surpassed its original fundraising target and is the fund's largest to date. Following the move, total assets managed by the fund rose to over $500 million, just five years after its establishment.New and veteran investors participated in the funding round, including CEOs of some of the world's largest companies, major global investment managers, and family office firms.

Opening of the article, excerpted from The Jerusalem Post. To read the rest, open the article on the publisher's site.