F2 News | March 2024
Message From The Team
According to a new report analyzing Israeli hi-tech activity since October 7th, Israeli startups raised $3.1 billion and realized $3.7 billion in exits, primarily driven by foreign investors and multinationals maintaining robust local activity through the war. Moreover, of the 450 multinational giants with R&D centers in Israel, 100% remain active. The cyber security sector stood out in particular as a major growth driver. In fact, 13 out of 14 cyber startups acquired over the last 12 months - in the world - were Israeli companies. At F2, we spearheaded new investments and currently have multiple growth rounds in process. Read More
Sector Spotlight
Nvidia is redefining its identity, aiming to become a cloud computing platform company at the heart of AI development. Moving beyond its hardware roots, Nvidia is focusing on cloud services as a key growth driver, investing in unique services like the NIM store for AI applications to streamline development processes for customers. Focusing on collaborating with existing cloud providers rather than directly competing with them, Nvidia is aiming to enhance its ecosystem's accessibility and efficiency, leveraging its comprehensive technology stack from hardware to cloud services. Nvidia is also double downing on Israel with two acquisitions in process for up to $1 billion. Read More
Operator Session: Elad Raz
Portfolio Companies
Voom | [F2 I] Roll out rideshare insurance product to 5 new states. Read More
Justt | [F2 II] Win Best Financial Transaction Security Company at the 2024 FinTech Breakthrough Awards. Read More
Dataloop | [F2 II] Announce new strategic partnerships with Nvidia, Microsoft and Getty Images. Read More
4M | [F2 II, SF] Release AI-powered utility desk to access underground maps in real-time. Read More
Stealth | [F2 III, Operator Fund] F2 closes new pre-seed investment in fintech platform for residential rental market. Read More
-What We Are Reading
Darrow [F2 II] How A Female Founder Builds AI For Justice | Forbes
When a Tropical Storm Threatened to Ruin a Wedding, Faye [F2 II] Stepped in to Save the Day | Rolling Stone
Reddit and Astera Labs End the Tech IPO Drought | Axios
Amazon Spends $2.75 Billion on AI Startup Anthropic in its Largest Venture Investment Yet | CNBC
Why Microsoft’s Surprise Deal with $4 Billion Startup Inflection is the Most Important Non-acquisition in AI | Yahoo! Finance