Jerusalem Venture Partners, one of the top 10 venture capital firms in the world according to Preqin rankings, is expanding its activities in New York, the firm announced Thursday.
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For the past two years, along with new investments in fintech, blockchain, cyber, climate tech, food tech, and digital health, the fund has focused on growth and supporting to its companies. In 2021-2022, JVP led funding rounds totaling more than $1.5 billion for its portfolio companies.
In Israel, JVP runs a number of centers of innovation, each devoted to a specific sector: Media and Artificial Intelligence (Jerusalem); Food Tech (the Galilee); Fintech (Tel Aviv); Digital Health (Haifa); and Cyber Security (Beersheba). JVP also operates the International Cyber Center in New York.
"We welcome our new partners to JVP," said JVP founder and executive chairman Erel Margalit.
"It is precisely in these challenging times that category leaders are made. We must support our companies to reach these heights, enabling them to scale and reach sales of $100-300 million. Along with our existing roster of partners, our new partners bring robust business and strategic experience to further our companies in Israel, North America, and penetration into the Asian and European markets," Margalit said.
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