“The current conditions in Israel are the most favorable I’ve witnessed in my 12 years here,” stated Justin Borus, Founder and Chief Investment Officer of Ibex Investors, as his firm announced a new $106 million fund dedicated to investing in Israeli startups.
Borus referenced the adage attributed to Rothschild, suggesting that the time to invest is during tumultuous times. He noted that while many investors may be hesitant, such situations present unique opportunities for those with the courage and capital to act. Ibex Investors decided to bolster its investments in Israel, emphasizing the importance of seizing opportunities even amidst challenging circumstances. This new fund marks Ibex’s fourth, following the successful raising of $100 million for its third fund in 2020.
Ibex Investors is a U.S.-based investment firm that specializes in backing Israeli startups from pre-seed to pre-IPO stages, often leading or co-leading investment rounds across various sectors. Additionally, the firm invests in publicly traded Israeli companies through its hedge funds. Headquartered in Denver, Colorado, Ibex also operates an office in Tel Aviv.
Since the launch of its inaugural Israel fund in 2012, Ibex has made 40 investments spanning early and growth stages in the Israeli market. Notable companies in Ibex’s current portfolio include BeamUp, Appwrite, Honeycomb, Visionary.ai, and Weka. Several past portfolio companies have been acquired by prominent industry players such as Cisco, Check Point, LinkedIn, and Intuit.
In Israel, the Ibex team is led by Nicole Priel, Partner, who focuses on early-stage investments, and Gal Gitter, Partner, who concentrates on growth-stage and secondary investments.
Read More: https://ciolook.com/
