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 179 days ago
 Source: finsmes.com

Crescendo Venture Partners Closes First Closing of New Early Stage Israeli VC Fund

Quick Summary

Crescendo Venture Partners, a Tel-Aviv, Israel-based venture capital firm, is launching its new VC fund planned to raise $80 million-$100 million. Crescendo Venture Partners is led by Zvi Schechter, Dr. Yuval Avni and Tal Mizrahi, formerly partners at Giza Venture Capital, together with Mark Kavelaars. Zvi Schechter is an early pioneer in Israel’s venture capital industry and was the co-founder of Giza Venture Capital in the 90s. Schechter led investments in groundbreaking companies, including companies which completed successful exits, such as Telegate, Cyota and Soluto. Kavelaars is a managing partner and co-founder, at Swanlaab Venture Factory, Spain, a €60 million venture capital fund investing in innovative Spanish companies.

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