Viola Ventures, an Israeli VC, has closed its sixth fund of $250M. It now has $1.25B in assets under management, largely early-stage tech companies. Viola says the fund was oversubscribed and reached its hard cap.
With the new fund, Viola Ventures will invest in 25-30 early-stage (seed and A-round) companies, in its core verticals such as fintech, vertical AI and deep tech, digital health, next-gen enterprise infrastructure, SaaS 3.0, Web 3.0, and cybersecurity.
Viola Ventures has invested in numerous startups including ironSource, Payoneer, Redis, Verbit, Outbrain, Pagaya, Lightricks and Immunai. 2021 was a bumper year for Israeli tech. Tech firms raised $25.6B (representing 136% growth in equity investments over 2020) and 22 tech companies went public with a c …
