TLV Partners Closes Second $150 Million Venture Capital Fund
The firm's first fund, raised in 2015, manages around $115 million in seed and Series A investments
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Established in 2015, TLV Partners focuses on early stage investments. Its first fund, closed at $115 million, invested in nine seed and Series A stage companies to date. The firm's portfolio companies include construction site app developer Buildup Technologies Inc. and Facebook ads analytics startup Oribi Inc.
TLV Partners chose to raise its second fund before closing commitments for the first fund, managing partners Rona Segev and Eitan Bek said in a statement, to ensure the firm will have enough funds to invest in the face of current opportunities. The new fund will invest in startups mainly in the domain of B2B.
In December, tech entrepreneur and venture capitalist Shahar Tzafrir joined TLV Partners as a managing partner. He was previously a part of Tel Aviv-based venture capital firm Magma Venture Partners.