Glilot Capital Partners Launches $170M Early Growth Fund

Israeli early-stage venture capital firm Glilot Capital Partners announced on Tuesday that it launched its first early growth fund, Glilot+, of $170 million.

Glilot+ is Glilot Capital’s fifth fund and has completed several investments already bringing total assets under management to $500 million. The fund operates alongside Glilot’s seed fund and is earmarked for post-Series A enterprise software and cybersecurity companies.

The fund will lead or participate in advanced rounds, making investments of between $5 to $20 million in around 15 companies, Glilot Capital said in a statement.

Glilot Capital was established in 2011 by managing partners Kobi Samboursky and Arik Kleinstein, with Nofar Amikam later joining as partner. Glilot+ is led by Lior Litwak, who joins Glilot as managing partner after serving as partner at M12, Microsoft’s venture fund.

“Today, more than ever, Israeli entrepreneurs think big and look to build long-standing independent and global businesses that can dominate their industry,” said Litwak. These entrepreneurs understand the immense value in receiving dedicated and tailored professional support during the critical stages of the company’s growth – to overcome scale challenges, overtake strong competition and lead the market. We believe that working with experienced Israeli investors with extensive presence and deep relationships in international markets can uniquely benefit startups in early growth stages.”

“After a successful decade, we are expanding our activity and will now be able to support leading companies at every stage of their growth,” said Samboursky.