October 22, 2015 | Following the success of its two early-stage funds, Singulariteam has announced the launch of their new $30 million fund for late-stage companies. The Tel-Aviv based firm, founded and led by Moshe Hogeg, will use the new investment vehicle for large scale investment in up to three tech companies, with an annual income of $15 million or more. Among Singulariteam’s portfolio companies is the Israeli startup StoreDot, which is developing electric car batteries that recharge in less than five minutes.
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