10D Raises $245M Across Two New Funds
We are thrilled to announce that we have raised $245 million across two funds – our second early-stage fund and our first opportunity fund. We are grateful to our investors, partners and team who enable us to continue investing in and supporting exceptional entrepreneurs in the Israeli start-up ecosystem.
The $185 million 10D Fund II will invest in seed and Series A start-ups. The core focus will continue to be supporting exceptional entrepreneurs who are leveraging deep technologies across a wide range of verticals to build the next generation of disruptive and category-leading companies. The new fund has already kicked off its operations and has made four investments, all of which are currently in stealth mode.
The $60 million opportunity fund will cherry-pick and double down on the most promising companies in our early-stage portfolio as well as opportunities that the 10D partners have backed in their previous activity. We recently announced our first investment in Weka.
In addition to the new funds, we are excited to share that we grew the team with four new additions which will allow us to add and provide significant value to the portfolio companies and further scale the investment reach. New additions to the team include Rinat Oyzerman, CFO; Emmanuelle Lipski, Principal, Rebecca Kazhdan, Investor Relations and Adi Mashash, Business Analyst.
If you are an early-stage entrepreneur developing the next big thing – reach out to us!