March 5, 2024 at 09:48AM
Investment firm Team8 raised $500 million, bringing its total assets to over $1 billion. It specializes in venture creation and venture capital, with a focus on cybersecurity and expanding into data, AI, fintech, and digital health. The new funds will be divided into three separate funds, supporting its unique venture creation model and global network of partners.
Based on the provided meeting notes, here are the key takeaways:
– Investment firm Team8 has raised $500 million in new funds, bringing its total assets under management (AUM) to over $1 billion.
– The company divides its activities into venture creation and venture capital, with a focus on cybersecurity, data and AI, fintech, and digital health.
– The new funds will be divided between three separate funds: Venture-Creation Enterprise, Venture-Creation Digital Health, and Venture Capital, as well as “doubling down on Team8’s most successful companies on an ongoing basis.”
– Team8’s unique selling proposition (USP) is its venture creation model, which actively identifies and addresses commercial problems to build and invest in companies.
– The firm’s venture creation model is supported by the Team8 Village, a global network of partners and company builders providing strategic business planning, research, go-to-market strategies, and more.
– Team8’s focus remains on cybersecurity, leveraging its historical security strengths and deep security knowledge in new vertical sectors.
– The nature of Israel’s society and military cyber intelligence agencies plays a significant role in the company’s approach and access to talent.
These takeaways have been distilled from the provided meeting notes. Let me know if you need more information or if there is anything else I can assist you with.