Omri Casspi Raises $250 Million, Swish Ventures Reaches $800 Million in Assets Under Management

Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, bringing the total assets under management to approximately $800 million. The new fund plans to invest in about 12 startups, with an average investment of around $20 million, primarily focusing on four key areas: cybersecurity, artificial intelligence, defense, and infrastructure. The investment stages will mainly be seed and Series A rounds, allowing for co-leading with other funds or participating as a stakeholder in financing rounds. Swish Ventures has become an active player in the Israeli venture capital ecosystem, with a portfolio covering various cybersecurity and deep tech sectors.

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