05 Jan 2016

Globes – Israeli VC 2015 fund raising up to $1.5b

18 venture capital funds closed capital in 2015, and 4 funds raised more than $100 million each, IVC-KPMG reports.
Israeli venture capital fundraising activity was prolific in 2015, opening the seventh Israeli venture capital cycle with 18 new venture capital funds in the 2015 vintage year, IVC Research Center РKPMG Somekh Chaikin reports. So far, fund-raising efforts reached $1.02 billion in 2015, with 13 funds and 43% of the capital from funds at first closing, which are expected to raise an additional nearly $500 million, to be added to the 2015 vintage year, up from $1.2 billion in 2014.