Israel

Israeli firm VGames, led by a solo GP, has already raised $30m of a targeted $40m fund, with Viola Ventures anchoring.

The second quarter isn't yet complete, but the number of investments in Israeli start-ups is already ahead of both the previous quarter and Q2 2019, according to a market researcher.

The firm has a $100m target for the vehicle that will invest in healthcare, healthtech and technology surrounding the 'new normal.'

The fund-of-funds raised $70m from European investors, such a private Belgian bank, high net-worth individuals and family offices in Luxembourg and Belgium.

Equinom founder and CEO Gil Shalev says the firm’s naturally-bred yellow peas will have as much as 50% protein content.

The firm, celebrating its 20th anniversary in February, has been a consistent leader in the Israeli VC market since its founding, raising more than $1bn across five funds.

China’s investment activity in Israel has surged in the last several years, but relations could become strained by US pressure.

The enterprise investor, which invest in expansion- and late-stage companies, says the larger fund will allow it to invest up to $100 million per company as it continues to back companies in the US, Europe and Israel.

Israel-based Satori Cyber, a data protection and governance platform, has secured $5.25 million in seed funding.