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Hetz Ventures Raised $77M For A New Emerging Tech Fund

by businessinsider.com posted 1week ago 37 views
Summary List Placement Israel-based, early-stage VC firm Hetz Ventures has raised $77 million for a second fund to invest in enterprise software startups, according to a Tuesday announcement, signaling an enthusiasm for cybersecurity, artificial intelligence, and other emerging technologies despite the coronavirus crisis. While sectors like oil and gas, airlines, and hospitality have been decimated by the fallout from the pandemic, the interest in enterprise technologies has accelerated, Hetz Ventures managing partner Judah Taub said. "The crave for these types of technologies has quadrupled overnight," he told Business Insider. "We're seeing faster turnaround times.

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