Israeli VC PICO Venture Partners closes on $80M

PICO Venture Partners, an early-stage investment firm headquartered in Jerusalem, has raised $80 million for its second flagship fund following a $35 million debut effort.
The four-year-old firm is not industry specific; rather, the outfit seeks “values-based, execution-driven Israeli entrepreneurs who leverage technology to modernize processes and unlock greater efficiency in the marketplace.” In other words, PICO is an opportunistic firm, looking for local founders with potential t