CTalk"The world still sees the core advantage Israel has and appreciates it"
CTalk
"The world still sees the core advantage Israel has and appreciates it"
Yaniv Golan, Managing Partner at lool ventures, spoke to CTech at Calcalist and Bank Leumi’s Tech TLV conference about rising investment in deep tech and continued international funding of Israeli tech.
Yaniv Golan.
(Calcalist)
“We're seeing a lot more activity in deep tech companies. I would say that out of the investments we did in 2024, probably 60% are in that domain,” says lool ventures Managing Partner Yaniv Golan to CTech at Calcalist and Bank Leumi’s Tech TLV conference. As an example, he adds that they’ve invested in “a very interesting company in the area of AI infrastructure utilization that will help unlock four trillions of dollars that are locked away in AI value, value generated by AI, simply because the cost is still too high.”
Lool, founded by Golan and General Partner Avichay Nissenbaum, manages $200 million in assets across several vehicles, and is currently operating out of its third fund. Its portfolio includes companies like Beewise, Flip, NoTraffic, and Eleos, and has seen several successful exits including ZooZ, acquired by PayU, and MarketMan, acquired by PSG.
Regarding the amount of investment in Israeli tech in 2024, Golan says that he has been surprised for the better. “Last year was pretty good in terms of investments, considering not just the amount of companies that we invested in, but also the amount of funding, especially from U.S. investors,” says Golan. “It shows their appreciation for these companies and for the tech that we're creating…despite the internal hardships, it's good to see that the world still sees the core advantage that we have and appreciates it.”
You can watch the full interview in the video above.
