New Venture Capital Fund by Gil Dibner Aims to Raise $25 Million

London-based Angular Ventures intends to invest in Israel and Europe-based early-stage companies that focus on the US market, according to a report

London-based Angular Ventures, a new venture capital firm led by venture capitalist Gil Dibner, is planning to raise a $25 million debut fund, according to filings with the U.S. Securities and Exchange Commission (SEC) submitted by Mr. Dibner last week.

 

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The establishment of the new fund was first reported by Axios on Thursday.

London (illustration). Photo: Bloomberg

 

Angular Ventures intends to invest in Israel and Europe-based early-stage companies that focus on the U.S. market, according to Axios.

 

Angular Ventures’ portfolio companies include Tel Aviv-based code optimization startup Bit, also known as CoCycles Ltd.

 

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Mr. Dibner, a twenty-year veteran investor, previously held positions at Index Ventures, Goldman Sachs, and Gemini Israel Ventures.

 

Mr. Dibner has been approached for comment but has yet to respond.