Vine Ventures, a Tel Aviv-based venture capital firm focused on technology companies operating across the U.S.–Israel corridor, has closed its third investment fund at $236 million.
The latest fundraising brings the firm’s total assets under management to more than $500 million, marking an expansion of its investment capacity across its target markets.
Global Investors Back New Fund
Fund III attracted support from a diverse group of limited partners, including international asset management firms, family offices and senior executives from major global companies.
The fund will support Vine Ventures’ investment activities, particularly in businesses developing technology solutions across several key sectors.
Firm Targets AI, Cybersecurity and Financial Technology
Founded and led by Eric Reiner, Vine Ventures invests in early-stage and growth-stage companies across the United States, Israel and Europe.
Its investment focus includes enterprise software, artificial intelligence infrastructure, cybersecurity and financial technology.
The firm works with founders building companies in these sectors, with an emphasis on businesses positioned to establish leading positions in their respective markets.
Vine Ventures Establishes Senior Advisory Group
Alongside the closure of Fund III, the firm has established a senior advisory group comprising prominent business leaders in the United States.
The new advisory group includes Michael Lynton, Chairman of Snap Inc. and former Chief Executive Officer of Sony Entertainment.
Gary Reiner, who previously served as Chief Information Officer at General Electric and most recently worked as an Operating Partner at General Atlantic, has also joined the group.
The third member is Bob Mylod, Chairman of Booking.com.
Investment Team Expands With Two New Appointments
Vine Ventures has also strengthened its investment team with the addition of two professionals with experience in the technology and venture capital sectors.
Adam Valkin, formerly of General Catalyst, has joined the firm and will lead its investment activities from Boston.
Idan Tendler, previously associated with Palo Alto Networks, has also joined the expanded team.
The appointments accompany the launch of Fund III and the firm’s continued investment activities across the U.S., Israel and European technology markets.
