Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Blockchain

F2 Doubles Down on Israeli Founders with $250m in New Funds and a New Partner

Published

on

F2 Venture Capital doubles down on Israeli tech founders at their earliest stages, having raised $250 million in new funds and appointed Maor Fridman as a Partner.

Tel Aviv, Israel–(Newsfile Corp. – July 5, 2022) – Today, F2 Venture Capital has announced its third seed fund of $150 million for Israeli founders building moonshot companies as well as its Select Fund to continue backing existing portfolio companies, bringing their new funds to $250M and total funds under management above $400M. F2’s areas of focus include Fintech, AI, Big Data, Cloud Ops, and Cyber, with an emphasis on companies pioneering new categories.

(from right) Noa Matz , Jonathan Saacks, Maor Fridman, and Barak Rabinowitz

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8506/130001_f21en.jpg

“Over the last 20 years, we have navigated through multiple market conditions, like the world finds itself in today. Some of our best investments emerged from times like this,” said Jonathan Saacks, Managing Partner at F2. “We are excited by the high potential opportunities we see in the Israeli ecosystem.”

To support their growth and focus on founders establishing deep-technology companies, they have promoted Maor Fridman to Partner. Fridman was previously a software engineer at Intel and Amazon Web Services (AWS) where he led cutting-edge projects in technology innovation. At F2, he has been a driving force in investments such as Justt, Parametrix, Astrix, DreamTeam and other companies still in stealth mode.

“Maor is radically founder-focused and has excelled as a VC in record time,” says Barak Rabinowitz, Managing Partner at F2. “Given his deep tech background and passion for business, he is the ideal partner for our new funds and growth.”

F2 Fund III is a step-up from its previous funds of $60 million and $75 million, launched in 2017 and 2019 respectively, as F2 has established itself as one of the most active seed investors in Israel, building on the momentum of category leaders the team previously backed like Monday.com, and eToro.

“Now is the time to double down on bold founders. This not only includes funding but more importantly support with sharpening products and technological moats, building strong leadership, and ultimately finding the product-market fit and go-to-market strategy,” said Maor Fridman, newly appointed Partner at F2.

To support founders on their journey F2 has built several value-add platforms. The Junction is one platform developed by F2 that has become an institution in the local ecosystem. The Junction is F2’s pre-seed investment program that helps founders achieve technological, product, and business milestones in an accelerated time frame. Dating back to 2011 under their previous fund, Genesis Partners, The Junction has launched hundreds of companies including Honeybook, Appsflyer, Coralogix, Databand and CyberX with a community of hundreds of founders who “pay it forward” to the next generation.

Another value add is F2’s emphasis on high performance teams, with a dedicated partner Noa Matz having developed operational playbooks for startup psychology, coaching founders through the pressures and tradeoffs at the initial stages of company building – especially relevant in current market conditions.

F2 is the fund behind category leaders like Explorium, Justt, Parametrix, 4M Analytics and Dataloop, among others, and is now actively investing in a new generation of winners.

About F2:

F2 Venture Capital is a Tel Aviv-based VC firm that invests in early-stage technology companies on the cutting edge. Our team members have been investors, operators, and engineers in startups and multinational giants that changed the game over the last twenty years. With $400 million under management and personalized support, F2 powers visionary founders on their bold missions. F2 also operates The Junction, Israel’s premier pre-seed investment platform, to back founders with guidance, network, and capital from day zero. For more information please visit: https://www.f2vc.com/

Follow our social at: Linkedin

Press Contact:
Yaffa Abadi
Head of Content
F2 Venture Capital
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130001

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics

Published

on

phoenix-group-engages-bhm-capital-as-liquidity-provider-to-boost-adx-liquidity-and-enhance-market-dynamics

Phoenix Group PLC, the GCC region’s first listed blockchain and tech conglomerate, is thrilled to announce its strategic partnership with BHM Capital, a leading liquidity provider. This partnership will boost liquidity for Phoenix shares on the Abu Dhabi Securities Exchange (ADX), thereby enhancing trading volumes and bolstering investor trust.
Phoenix Group’s partnership with BHM Capital which serves as liquidity provider to Phoenix Group’s shares (PHX) reinforces its commitment to optimizing share trading on the ADX. This strategic alliance not only aims to increase trading volumes and stabilize prices but also enhances investor value.
As a liquidity provider, BHM Capital plays a crucial dual role, strengthening market stability and improving the order book. The commitment to providing liquidity for Phoenix Group’s shares is designed to ensure more consistent pricing and increase overall trading liquidity on the ADX, making transactions smoother across various price levels.
Seyed Mohammad Alizadehfard, Co-Founder and Group CEO of Phoenix Group, commented: “Our partnership with BHM Capital represents a crucial step in strengthening the liquidity and stability of our shares on the ADX. It does not only enhance our market position but also provides our investors with more robust trading options. We are fully committed to leveraging this collaboration to deliver substantial value to our shareholders.”
Abdel Hadi Al Sa’di, the CEO of BHM Capital, stated: “This move will enhance the company’s position in the Abu Dhabi Securities Exchange, stabilize the price movements of its traded shares, and enable investors to diversify their investment portfolios, taking advantage of opportunities in financial markets.”
Phoenix Group expects that the partnership with BHM Capital will significantly drive up trading activity and elevate demand for its shares on the ADX, fostering a more vibrant market presence. With a specific focus on boosting trading volume and the value of PHX shares, Phoenix Group is confident that this engagement will have a positive impact on the company’s performance in the coming months.

The post Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics appeared first on HIPTHER Alerts.

Continue Reading

Blockchain

Alpha Transform Holdings Releases March Report on ASC AI Index

Published

on

alpha-transform-holdings-releases-march-report-on-asc-ai-index
Continue Reading

Blockchain

Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

Published

on

elizabeth-warren-urges-treasury-secretary-yellen-to-implement-strong-aml/cft-measures-for-stablecoins

In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.

Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.

Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.

Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.

Source: blockchain.news

The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.

Continue Reading
Advertisement
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE