Viola Ventures, a prominent Israeli venture capital firm, has successfully raised approximately $250 million for two new investment funds. This capital injection is strategically divided between a secondary fund to bolster existing high-performers and a new early-stage fund targeting nascent startups. The move underscores the firm's enduring commitment to fostering innovation within Israel's dynamic technology sector.
A Dual-Pronged Investment Strategy
The first of these new vehicles is the Viola Conviction Fund I, a dedicated secondary fund capitalized at around $100 million. Its primary objective is to acquire additional stakes in the firm’s most promising existing portfolio companies. This strategy allows Viola to double down on proven winners and maximize returns from its most successful investments.
Complementing this is Viola Ventures VII, the firm's seventh flagship fund focused on early-stage opportunities from Seed to Series A rounds. While it has already achieved its first closing, the fund is slated for a formal launch in early 2026. Viola anticipates making around 20 new investments, continuing its legacy of identifying and nurturing future tech leaders.
Focus on Future-Forward Technologies
Viola Ventures VII will concentrate on several high-growth technology domains that are shaping the future of industry. The fund's investment thesis targets sectors including Vertical and Enterprise AI, Fintech, AI Infrastructure, and Cybersecurity. This focus also extends to pioneering fields such as Quantum computing and Defense technology, positioning the firm at the forefront of innovation.
Leadership and Ecosystem Support
The new fund will be steered by Managing Partners Omry Ben David and Zvika Orron, alongside co-founder Shlomo Dovrat. The team is further strengthened by the recent appointment of Alex Shmulovich as a Partner. Co-founder Avi Zeevi will also maintain an active role, contributing his expertise as a mentor and investment committee member.
A key asset for portfolio companies is the firm's Leadership Circle, an exclusive network of seasoned entrepreneurs and executives. Members like former IBM President Jim Whitehurst and Payoneer's former CEO Scott Galit invest in the fund and serve as advisors. This ecosystem provides invaluable mentorship and strategic guidance to the next generation of founders.
A Legacy of Success
Since its establishment in 2000, Viola Ventures has built an impressive portfolio with over 150 investments in Israeli technology. The firm has been instrumental in the success of industry giants such as ironSource, Payoneer, and Redis. Its track record includes backing some of the country's most significant technology companies from their earliest stages.
Viola Ventures operates as a key part of the Viola-Group, Israel's largest technology investment group. The parent organization manages over $6.5 billion in assets, providing a powerful platform and extensive resources for its portfolio. This affiliation solidifies Viola Ventures' position as a leading force in the nation's venture capital landscape.
The launch of these two funds, totaling $250 million, marks a significant milestone for Viola Ventures and a vote of confidence in Israeli innovation. By strategically allocating capital to both emerging startups and established portfolio leaders, the firm is reinforcing its dual mission. This initiative ensures Viola will continue to play a pivotal role in cultivating technological breakthroughs for years to come.