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IVC: Gemini and Vertex are the most active venture capital funds of 200720/02/2008. Source: IVC Research Center.
 IVC Research Center has released its survey of last year's most active Israeli venture capital funds. The ranking was made based on the number of first investments in 2007.
Data are from the IVC Online Database and information received directly from the VC funds. The report relates to investments made in Israeli, Israel-related and foreign high-tech companies by Israeli management companies.
Gemini topped the 2007 most active funds list with 16 First investments. Vertex, ranked second with 11 First investments. Pitango was third with nine, followed by Giza with eight, Sequoia Israel with seven and Benchmark Israel, Evergreen, Genesis and Greylock Israel with six each.
Gemini was the most consistent seed investor, with eight seed investments followed by Vertex with five and Sequoia Israel with four. Gemini was also the most sector-focused fund, investing seven of its 16 First investments in the Internet sector. Vertex concentrated its investments in two sectors, making five new investments in Communications and five in Software. Noteworthy is Israel Cleantech with five First cleantech investments in 2007, its vintage year.
According to IVC CEO Guy Holtzman, "Some funds have special pre-seed platforms and vehicles. These include Gemini with LGLab, Vertex with the Technion Incubator, Pitango and Evergreen with Precede, Giza with Ofek, and Gemini and Evergreen, which are among the sponsors of Startup Factory. The programs are characterized by small initial investments per deal that increase over time if the company progresses well. While our ranking reflects the number of deals and not capital invested, it does give an interesting indication of the current state of VC activity."
The top nine funds made 75 First investments in the aggregate. Thirty-two or 43 percent were in Seed stage companies. The Internet sector attracted the largest number of First investments with 26 deals (35 percent), followed by the Semiconductor sector with 14 (19 percent).
The complete ranking of the Most Active Venture Capital Funds for 2007 and previous years, including all portfolio investments, is available at
www.ivc-online.com.
- Not an Israeli company
- Data based on IVC-Online database and VC fund information (www.ivc-online.com)
- Investments include Israeli, Israel-related and foreign high-tech companies by Israeli management companies
IVC Research Centre is Israel's leading research center providing business leaders with an unmatched wealth of data on Israeli venture capital, private equity and high-tech industries. IVC products and services are used regularly by venture capital funds, private investors, high-tech companies, financial investors and institutions, as well as public entities such as the Office of the Prime Minister, the Central Bureau of Statistics, the Bank of Israel and the Office of the Chief Scientist. IVC publishes the most comprehensive guide to Israeli venture capital and high technology companies - the IVC Yearbook. Among IVC products and publications are the Quarterly Survey, which examines capital raising trends by Israeli high-tech companies; the quarterly Israel Venture Capital Journal (IVCJ), which reviews developments in the venture capital, private equity and high-tech industries; and a comprehensive online database (www.ivc-online.com) containing over 5,500 Israeli high-tech companies, venture capital funds, investment companies, Angels and technology incubators, as well as news updates and lots more.
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