New Venture Capital Fund by Gil Dibner Aims to Raise $25 Million

London-based Angular Ventures intends to invest in Israel and Europe-based early-stage companies that focus on the US market, according to a report

 

London-based Angular Ventures, a new venture capital firm led by venture capitalist Gil Dibner, is planning to raise a $25 million debut fund, according to filings with the U.S. Securities and Exchange Commission (SEC) submitted by Mr. Dibner last week.

 

For daily updates, subscribe to our newsletter by clicking here.

 

The establishment of the new fund was first reported by Axios on Thursday.

London (illustration). Photo: Bloombergצילום: בלומברג

 

Angular Ventures intends to invest in Israel and Europe-based early-stage companies that focus on the U.S. market, according to Axios.

 

Angular Ventures’ portfolio companies include Tel Aviv-based code optimization startup Bit, also known as CoCycles Ltd.

 

Related articles

• Bit Wants to Make Writing Code More Like Building with Lego
• Quarterly Venture Capital Investments in Israeli Startups Up 43% Year-over-Year
• Tel Aviv University Launches $20 Million Early Stage Venture Fund

Mr. Dibner, a twenty-year veteran investor, previously held positions at Index Ventures, Goldman Sachs, and Gemini Israel Ventures.

 

Mr. Dibner has been approached for comment but has yet to respond.