CoinVoice has recently learned that, according to TechCrunch, the venture capital fund Swish Ventures, founded by former NBA star Omri Casspi, has completed a $60 million fundraising round. The fund will invest in early-stage cybersecurity, cloud infrastructure, and AI startups. Investors participating in the fundraise include EON founder Ophir Ehrlich, Upwind founder Amiram Shachar, and PointFive co-founders Gal Ben-David and Alon Arvatz.
The fund plans to support 10 companies, with each investment ranging from $5 million to $7 million.
Swish Ventures is the second fund launched by Casspi following the $36 million Sheva Capital fund in 2022. Casspi stated that, since Sheva's investment period has ended, he is responsible for managing Sheva's portfolio. [Original link]