About This Fund
The fund, iAngels Ventures 2, raised $70 million and will invest in early-stage startups, with investments ranging between $2-4 million for Seed rounds. According to the founders, the vintage of the new fund is expected to be Israel's best, as these entrepreneurs have shown particularly high resilience and motivation in establishing and running startups amidst the war. iAngels Ventures started a decade ago as a high-tech investment platform for qualified investors, but over the years, it has transitioned into the format of a venture capital investor. iAngels Ventures started investing in 2020, and include companies such as Oddity, which went public last year on Wall Street at a valuation of $2 billion, and other startups such as Hello Heart, BeeHero, WSC, and Immunai. Other investments include Arbe, which develops systems for autonomous vehicles and went public through a merger with a SPAC at a valuation of approximately $700 million during the peak of the bubble and eToro.