CVCI invests $20m. into Aviv Ventures II

Aviv Venture Capital invests in Israel-related companies in the automotive, cleantech, consumer products, and medical device areas.

Citi Venture Capital International, Citigroup's private investment arm focusing in growth markets, has committed to inject up to $20 million in Aviv Ventures II, a venture capital fund that targets mid-to late-stage technology investments in Israel. Aviv II has a target capitalization of $100m. and is expected to have its initial closing at $50m. Aviv Venture Capital invests in Israel-related companies in the automotive, cleantech, consumer products, and medical device areas.