F2 Venture Capital announced on Tuesday it has raised $150 million for its third seed fund for Israeli founders, as well as $100 million to support existing portfolio companies. This brings their new funds to $250 million and total funds under management to above $400 million.
F2’s areas of focus include fintech, AI, big data, cloud ops, and cybersecurity, with an emphasis on companies pioneering new categories.
To support their growth and focus on founders establishing deep technology companies, F2 has promoted Maor Fridman to partner. Fridman was previously a software engineer at Intel and Amazon Web Services (AWS) and at F2 he has been a driving force in investments such as Justt, Parametrix, Dataloop, Astrix, DreamTeam and other companies still in stealth mode.“Maor is radically founder-focused and has excelled as a VC in record time,” said Barak Rabinowitz, Managing Partner at F2. “Given his deep tech background and passion for business, he is the ideal partner for our new fund and chapter of growth.”
“Maor is radically founder-focused and has excelled as a VC in record time,” said Barak Rabinowitz, managing partner at F2, “Given his deep tech background and passion for business, he is the ideal partner for our new funds and growth.”
“Over the last 20 years, we have navigated through multiple market conditions, like the world finds itself in today. Some of our best investments emerged from times like this,” said Jonathan Saacks, managing partner at F2. “We are excited by the high potential opportunities we see in the Israeli ecosystem.”
F2 Fund III is a step-up from its previous funds of $60 million and $75 million, launched in 2017 and 2019 respectively.
“Now is the time to double down on bold founders. This not only includes funding but more importantly support with sharpening products and technological moats, building strong leadership, and ultimately finding the product-market fit and go-to-market strategy,” said Maor Fridman, newly appointed partner at F2.
F2 has built several value-add platforms. The Junction is one platform developed by F2 that has become an institution in the local ecosystem. The Junction is F2’s pre-seed investment program that helps founders achieve technological, product, and business milestones in an accelerated time frame. Dating back to 2011 under their previous fund, Genesis Partners, The Junction has launched hundreds of companies including Honeybook, Appsflyer, Coralogix, Databand and CyberX with a community of hundreds of founders who “pay it forward” to the next generation.
F2 is the fund behind category leaders like Explorium, Justt, Parametrix, 4M Analytics, and Dataloop, among others. It is now actively investing in a new generation fo winners.
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