Ex-NBA athlete Omri Casspi launches $60M fund targeting cybersecurity, cloud infra and AI
Omri Casspi's Swish Ventures has raised $60 million to invest in early-stage cybersecurity, cloud infrastructure, and AI startups, targeting 10 companies with $5-$7 million per investment.
MAIN POINTS
- Omri Casspi has launched Swish Ventures, his second venture fund.
- The fund has raised $60 million to invest in startups.
- Focus areas include cybersecurity, cloud infrastructure, and AI.
- Plans to invest in 10 companies with $5-$7 million per deal.
TAKEAWAYS
- Swish Ventures aims to support early-stage technology startups.
- Casspi's venture fund strategy involves significant investments per company.
- The fund's focus aligns with current tech industry trends.
- Swish Ventures builds on Casspi's previous investment experience.