Hetz Ventures Closes Third $123M Fund to Focus on DevOps, Open Source, Fintech and Cyber ​​Tools

- Advertisement -


Hetz Ventures, an Israeli seed-stage venture capital launched in 2018, closed its third $123 million fund. The new (described as “oversubscribed”) Hetz III fund brings the firm’s total assets under management to nearly $300 million.

- Advertisement -

Focusing on seed and upfront investments, Hetz has previously supported Granulate (acquired by Intel last month), Trigo, Retrain.ai, Blink Ops and Velocity.

- Advertisement -

Judah Taub, managing partner of Hetz Ventures, said in a statement: “The attraction of this fund is a testament to our hands-on approach and our ability to deliver value to our portfolio companies that goes well beyond financial investments. The Israeli ecosystem is evolving and maturing, entrepreneurs are refusing quick exits and embracing the challenge of building companies that will stand the test of time.”

The Hetz Foundation focuses on DevOps and development tools, open source software, enterprise and data software, fintech and cybersecurity.

- Advertisement -

“With Israeli companies already raising more than $5 billion in the first quarter of 2022, it is clear that the record 2021 investment was not a one-off. The competition for investments in the best companies in the ecosystem, especially at the seed stage, is more intense than ever,” added Pavel Livshiz, general partner of Hetz Ventures.


Credit: techcrunch.com /

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox