ProSeed grows new venture

ProSeed Venture Capital said Sunday it has created a new SEED fund that will allow for the investment upwards of NIS 200m. in companies trying to raise initial public offering funds.

ProSeed Venture Capital said Sunday it has created a new SEED fund that will allow for the investment upwards of NIS 200m. in companies trying to raise initial public offering funds. ProSeed was founded in 2000 by Mendy Irad Ltd, Succeed Ltd. and the Goren Capital Group, dedicated mainly to early stage investments in start-up companies. Since then it has built an impressive track record by targeting and investing in companies that develop, manufacture and market medical devices and biotechnology, IT, enterprise software and semiconductors.