Vine Ventures closed its third fund with US$236 million in commitments. The firm invests in early and growth-stage technology companies in the U.S.-Israel corridor. The new fund is its largest to date and brings assets under management above US$500 million.
Funding history
Vine previously raised a US$50 million first fund. Its second fund reached US$140 million. Fund III attracted new and returning limited partners, including global asset managers, family offices, and senior executives of global companies.
Israel focus
Since closing Fund II, Vine has deepened its on-the-ground presence in Israel. The firm retains its U.S. footprint and international mandate. Fund II holds seed positions in Eon, Wonderful, and Ornn.
Team and advisors
Vine formed a senior advisory group with Michael Lynton, Gary Reiner, and Bob Mylod. Adam Valkin joined from General Catalyst, and Idan Tendler joined from Palo Alto Networks. Noa Argamani became Platform Manager.
The firm expects about half of Fund III investments to go to Israeli companies. It has already begun investing in AI-driven defense companies, including infrastructure. Vine will continue to pursue early-stage opportunities across the U.S.-Israel corridor.