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MoreVC

From EverybodyWiki Bios & Wiki


MoreVC
ISIN🆔
IndustryVenture capital
Founded 📆2006
Founder 👔
Headquarters 🏙️, ,
Number of locations
1
Area served 🗺️
Members
Number of employees
🌐 Websitewww.morevc.com
📇 Address
📞 telephone

MoreVC, formerly known as Israel Cleantech Ventures, is a venture capital firm founded in 2006 by Glen Schwaber,[1] Jack Levy, and Meir Ukeles.[2] It is a clean technology venture capital fund intent on providing growth capital to Israel's energy, water and environmental technology sectors.[3][4] MoreVC receives funding from InnovFin, a company that provides equity investments to companies in their early stages of development.[5]

In 2007 Israel Cleantech Ventures raised $75 million for its first fund from investors that included Robeco and Piper Jaffray,[4] as well as institutional investors and family offices.

In February 2020, it expanded its ventures into clean technology[6] and rebranded to MoreVC.

References

  1. "Glen Schwaber – Israel Cleantech Ventures". Retrieved 2022-01-21.
  2. Israel Cleantech Ventures management profile.
  3. Israeli Greentech Companies Make Their Pitch, Jeff St. John, Greentech Media, November 11, 2008
  4. 4.0 4.1 Israeli funds look to clean technologies, Jessica Steinberg, International Herald Tribune, October 18, 2008; accessed December 22, 2008.
  5. "EIF rolls out a €100 million COVID-19 InnovFin support fund for innovative companies with its first investments". www.eif.org. Retrieved 2023-10-12.
  6. Ravet, Hagar (2020-02-18). "You Cannot Make the World a Better Place at the Expense of Good Returns, Says Cleantech Investor". CTECH - www.calcalistech.com. Retrieved 2022-01-21.

External links


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