American investment giant Morgan Stanley has invested $35 million in two Israeli venture capital funds in recent months, according to Globes. Last week, Morgan Stanley inked an agreement investing $20 million in the Gemini VC fund and $15 million in the Pitango IV VC fund.
Two US-based venture capital funds have also expressed their intentions to invest in Israel companies following a visit by the California Israel Chamber of Commerce (CICC) in April, Globes reported.
“Representatives of Tallwood, which has never invested in Israeli companies or venture capital funds, participated in the April visit, and made several subsequent visits on their own to reach cooperation agreements with Israeli venture capital funds and seek companies for investment,” CICC executive director Shuly Galili told Globes. Tallwood, which manages $180 million, mainly invests in semiconductor and related companies.
Another VC company in the delegation, TeleSoft has decided to reinvest in Israel despite the fact that it shut down its Israeli office in 2002.
Galili said Tallwood and TeleSoft are excited about increasing their investments in Israel. "This time, we'll arrange meetings with semiconductor companies,” said Galili. “We've received a lot of inquiries from US companies interested in acquiring Israeli technology or cooperating with Israeli companies, in order to grow or break into new fields.”
Two US-based venture capital funds have also expressed their intentions to invest in Israel companies following a visit by the California Israel Chamber of Commerce (CICC) in April, Globes reported.
“Representatives of Tallwood, which has never invested in Israeli companies or venture capital funds, participated in the April visit, and made several subsequent visits on their own to reach cooperation agreements with Israeli venture capital funds and seek companies for investment,” CICC executive director Shuly Galili told Globes. Tallwood, which manages $180 million, mainly invests in semiconductor and related companies.
Another VC company in the delegation, TeleSoft has decided to reinvest in Israel despite the fact that it shut down its Israeli office in 2002.
Galili said Tallwood and TeleSoft are excited about increasing their investments in Israel. "This time, we'll arrange meetings with semiconductor companies,” said Galili. “We've received a lot of inquiries from US companies interested in acquiring Israeli technology or cooperating with Israeli companies, in order to grow or break into new fields.”