Sababa Ventures Taps Randi Zuckerberg as Partner, Targets $35 Million Fund

The new fund will focus on early-stage Israeli tech companies in the media, entertainment, sports, and commerce sectors

Randi Zuckerberg, former spokesperson for Facebook and Mark Zuckerberg’s sister, has joined New York-based investment fund Sababa Ventures as general partner, the fund announced Thursday. The new fund aims to raise $35 million in commitments to invest in early-stage Israeli tech companies in the media, entertainment, sports, and commerce sectors.

 

The fund currently has $7 million in assets under management, according to Pitchbook data. Sababa Ventures has offices in New York, Tel Aviv, and Los Angeles.

Randi Zuckerberg. Photo: Orel Cohen