August 25, 2014 | According to a report in “Calcalist,” Indian conglomerate group Tata and American company Nielsen invested $25 million in Pereg Ventures. Nielsen, a global information and measurement company, owns 51 percent of the Israeli venture capital firm and gave $10 million to the VC this round. Tata and other American investors also contributed to the $25 million sum that the Israel VC raised. This is the first round conducted by the VC, that hopes to raise between $50-100 million in total. Pereg Ventures is managed by Ziv Ben Baruch in Israel and two other partners in New York, focusing on post-seed to Series B companies in the United States and Israel.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli AI Safety Tool Among TIME’S Best Inventions For 2024
October 31, 2024
TAU Team Discovers Mechanism To Eliminate Cancerous Tumors
October 30, 2024
Ashdod Port Investing In Startups As Part Of Innovation Strategy
October 29, 2024
BGU Develops Fast Fact Checking Via News Sources Not People
October 28, 2024
Facebook comments