PANews December 3 news, according to TechCrunch, former NBA player Omri Casspi has launched a new fund, Swish Ventures, with a scale of $60 million, focusing on investing in early-stage startups in the fields of cybersecurity, cloud infrastructure, and AI. The fund plans to support 10 companies, with each investment amount ranging from $5 million to $7 million.
This is Casspi's second fund following the launch of the $36 million Sheva Capital fund in 2022. Swish Ventures has received support from institutions such as Sequoia Capital, and has attracted several founders from Sheva's portfolio companies to join as investors. Swish Ventures focuses on supporting technology entrepreneurs in Israel and the United States.
