Israel's AnD Ventures, a company-builder-based venture capital fund, is launching its first $50 million seed fund.
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AnD was founded by Lee Moser, previously a partner at iAngles and chief of staff of Israeli ambassador in Washington; Roy Geva Glasberg, previously founder and general manager for Google's global startup programs "Google for Startup Accelerator," director of the startup ecosystem at LivePerson and head of startups and integrations at Microsoft; and Kfir Kachlon, previously a senior member at OurCrowd investment team who led investments in advanced and deep tech startups.
AnD Ventures is focused on B2B Enterprise Software technologies with deep AI and Big Data approaches.
With a target check size ranging $1-1.5 million, the fund intends to lead seed rounds in 15-17 Israeli and foreign-based companies.