Israeli venture capital firm Viola Ventures announced on Monday that it has raised $250 million for two new funds. The money will be used to support the next generation of Israeli startups.
The first fund, called Viola Conviction Fund I, is a special secondary fund with around $100 million in capital.
This fund will focus on investing in Viola Ventures’ existing portfolio companies, aiming to increase their ownership in businesses that are performing well.
The second fund, Viola Ventures VII, is the firm’s seventh main fund. It will focus on early-stage investments, including Seed rounds, Series A, and incubation projects.
Although the fund has already reached its first closing, it is planned to officially launch in early 2026, as investments from the previous sixth fund are still ongoing.
Viola Ventures plans to make around 20 new investments with its seventh fund. The focus will be on sectors such as Vertical AI, Enterprise AI, Fintech, AI Infrastructure, Cybersecurity, Quantum, and Defense technology.
Viola Ventures VII will be led by Managing Partners Omry Ben David and Zvika Orron, along with co-founder and Managing Partner Shlomo Dovrat. The investment team also includes new Partner Alex Shmulovich, Principals Tal Abuloff and Alon Cinnamon, and Analyst Assaf Shriber.
Avi Zeevi, co-founder of the Viola Group, will continue to be involved with the fund as a mentor, a member of the investment committee, and a board member for portfolio companies.
Since its founding in 2000, Viola Ventures has made more than 150 investments, including some of Israel’s most successful tech companies such as ironSource, Payoneer, Redis, Pagaya, Lightricks, ProteanTecs, immunai, PayZen, Faye, Duetti, and PhaseV.
Viola Ventures is part of Viola Group, Israel’s largest tech investment group, which manages over $6.5 billion in assets.
Read More- Animoca Brands Partners with GROW to Invest in GROW Digital Wealth
