TLDR:
- SeedIL, founded by Cynthia Phitoussi and Audrey Chocron, raises $18 million for a new early-stage fund.
- The fund has achieved four exits, including BreezoMeter, acquired by Google for over $200 million.
SeedIL, a venture capital fund founded by entrepreneurs Cynthia Phitoussi and Audrey Chocron, has raised a new micro fund of approximately $18 million to invest in Israeli Seed-stage companies. The fund has seen success with four exits, including BreezoMeter, which was acquired by Google for over $200 million. Despite challenging circumstances, SeedIL attracted new investors from Europe and the United States for this fund. Since 2014, the fund has invested in 33 Israeli start-up companies at the Seed stage. Phitoussi and Chocron remain optimistic about the future, emphasizing the importance of maintaining excellence in technology.
