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Israel’s S Capital Raises Second Investment Fund of $120 Million
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by Reuters and Algemeiner Staff
The Tel Aviv skyline at night. Photo: Gilad Avidan via Wikimedia Commons.
S Capital, an Israel-based venture capital investment firm, said on Monday it closed a second direct investment fund of $120 million that will focus on early-stage tech startups.
The new fund, S Capital II, will bring its total committed capital to $270 million since its establishment in 2018.
S Capital II, the firm said, will invest in a range of sectors including insurance and financial technology, machine learning, artificial intelligence, enterprise software, cybersecurity and information technology.
S Capital’s first fund has invested in nearly a dozen startups.
