Iangels Ventures Raises $55.5M (€47M) For First Institutional Fund Anchored By The European Investment Fund Bringing Total Aum To Over $300M (€255M)
Jul 27, 2021•almost 4 years ago
Amount Raised
€55.5 Million
Description
iAngels, a women-led, Israel-based venture capital firm and investment platform led by Mor Assia and Shelly Hod Moyal, announced the successful closing of $55.5 million in capital for iAngels Ventures, the firm's first institutional fund, bringing its total AUM to over $300 million. iAngels Ventures invests in Israeli high tech and is anchored by a $25 million investment from the European Investment Fund (EIF). This investment, the largest the EIF has made in Israel to date and after a multiyear vetting process that examined all Israeli VCs, is a direct benefit of Horizon 2020, the EU Framework Programme for Research and Innovation (2014-2020).
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech