Technology News

Ofir-SouthUp Targets $20M-$30M for Western Negev Startups

Published

Follow us on Google
Sources

Ofir-SouthUp Ventures is continuing to raise capital and expects the fund to reach about $20 million-$30 million for startups operating in or moving to the Western Negev. Investors include the Kfar Aza, Yakum and Ma'agan Michael kibbutzim; entrepreneurs Dov Moran, Shlomo Kramer, Yehudit and Yehuda Bronicki; ZIM's investment fund; and the Jewish Community Foundation San Diego. Dr. Ami Appelbaum and Itai Horstock lead the fund, named for Ofir Libstein, who was killed defending Kfar Aza on October 7. SouthUp has supported more than 70 startups since 2017, with 27 currently in its framework.

Sources

linkedin.comSecondary sources:1
Courtroom-sketch editorial illustration of a binocular compound microscope from a 2023 photograph, with branding omitted; symbolic laboratory equipment, not the facility or experiment reported.

Commentary

Related articles

  1. Ibex Investors Closes $87 Million Fund for Israeli Secondary Investments
  2. Preliminary Report Puts Israeli Tech Q3 Funding at $3.6 Billion, Up 53%
  3. Cognex Agrees to Acquire Haifa-Based RealSense for $500 Million
  4. Buildots Raises $130 Million, Reaching Nearly $1 Billion Valuation
  5. XTEND Receives $60 Million, Clears Merger Cash Condition

Something went wrong

We couldn't complete that action. Check your connection and try again.