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One Of The World's Biggest Venture Capital Companies Has Shut Down Its Israeli Fund

by techinsider.io posted 1year ago 4399 views
Sequoia Israel — which raised five funds to invest specifically in Israeli startups, with the last two funds in the region of $200 million (£154 million) — will be folded into Sequoia's US operation in Silicon Valley. That means Sequoia will continue to back startups in Israel but investments will be made out of Sequoia's global fund as opposed to a fund operated out of Israel.