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Venture capital fund Swish Ventures has completed a $60 million fundraising round and will invest in Web3, AI, and other fields.
CoinVoice has learned from TechCrunch that Swish Ventures, a venture capital fund founded by former NBA star Omri Casspi, has raised $60 million. The fund will invest in early-stage cybersecurity, cloud infrastructure, and AI startups. Investors in the fund include EON founder Ophir Ehrlich, Upwind founder Amiram Shachar, and PointFive co-founders Gal Ben-David and Alon Arvatz.
The fund plans to support 10 companies, with each transaction investing between $5 million and $7 million.
Swish Ventures is Casspi's second fund, following the $36 million Sheva Capital fund launched in 2022. Casspi said he is managing Sheva's investment portfolio as the investment period has ended. [Original link]