4
Glilot Capital, one of Israel’s largest venture capital funds, said on Wednesday it had raised $500 million for two new early-stage funds to invest in fast-growing Israeli AI and cybersecurity startups.
Glilot said the money was raised mainly from international investors, including pension funds and other financial institutions in the US and Europe, suggesting little adverse impact from the widespread criticism of Israel over its actions in Gaza.
The cash will go to two new Glilot funds – a seed fund, its fifth, and another that invests in early-stage…
