Israeli venture capital firm Pitango Venture Capital has launched its $175m seventh fund.
Pitango Venture Capital Fund, VII, focuses on investing in early stage Enterprise Infrastructure, IoT, Artificial Intelligence and Digital Health startups. The new vehicle, which joined the firm’s first Growth Fund, which invests in late-stage companies, has already made an investment in the $30m round of Graphcore.
It is led by Eyal Niv, Rami Beracha, and Ittai Harel.
The firm has over $1.8 billion under management and investments in over 210 companies. Among them, are companies that have gone public, such as JinkoSolar, RADWARE, Retalix, CardGuard and others as well as companies that were acquired, such as dbMotion (acquired by AllScripts), superDimension (acquired by Covidien), Anobut (acquired by Apple), VideoSuf (acquired by MSFT), Provigent (acquired by Broadcom), Convergin (acquired by Oracle), Optonol (acquired by Alcon), Dune Networks (acquired by Broadcom) Ventor (acquired by Medtronic), Traiana (acquired by ICAP),, ColBar (acquired by Johnson & Johnson), RADLAN (acquired by Marvell) and Disc-o-Tech (acquired by Kyphone).