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Finnish startup Huuva raises a €1,050 million pre-seed round to build new virtual food courts

Finnish startup Huuva raises a €1,050 million pre-seed round to build new virtual food courts
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The VC firm that invested in IronSource & Wolt grabs $550M for its 6th fund


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The VC firm that invested in IronSource & Wolt grabs $550M for its 6th fund
With dozens of startup exits, Unicorn investments, and portfolio companies on the public market, VC fund 83North, which invests primarily in Israeli and European tech closes financing for its 6th fund
Yaneev Avital
/
23 May 2021

1 min read
83North (formerly Greylock Israel), a venture capital firm which focuses on Israeli and European tech, announced the closing of $550 million for the firm’s sixth flagship fund. Including the new capital, the VC firm manages $1.8 billion in holdings.
21 startup exits under its belt
The firm’s sixth fund comes two years after the firm raised $300 million for its fifth fund. The incoming capital comes from institutional investors, banks, universities, and Family Offices. The fund is managed ....

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83North raises $550m sixth fund


83North raises $550m sixth fund
This is the second largest venture capital fund ever raised in Israel, after aMoon s $750 million second life sciences fund.
Venture capital firm 83North announced today that it had received commitments totaling $550 million for its sixth fund. 83North, which operates from offices in London and Tel Aviv, describes itself as an investor in startups led by Israeli and European entrepreneurs that are active all over the world in a variety of technological fields from fintech to robotics to healthcare. Investments have already been made from the new fund that have not been disclosed.
83North s sixth fund will be the second largest single venture capital fund raised in Israel, excluding private equity funds, which invest in mature companies. The largest fund ever raised in Israel was aMoon s second fund, which invests in life sciences startups. aMoon, run by Marius Nacht and Dr. Yair Schindel, closed the fund at $750 million last year. ....

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