FLORA Ventures launches USD 80 million fund to Invest in sustainable agrifood tech startups

Categories: Investment Funds

FLORA Ventures announced the launch of its USD 80M fund, and its first closing with commitments of USD 50M, making it the largest Israeli-based AgriFood VC.

According to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals.

Herzog advised Flora Ventures, led by partner Michal Lavi and associate Daniel Jacoby.

FLORA Ventures invests in early-stage start-ups from two of the leading AgriFood ecosystems, Israel and Europe, that are building a healthier, more sustainable and resilient AgriFood system; and supports those ventures in scaling globally.

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