Israel Cleantech Ventures Closes First Fund

Israel Cleantech Ventures has closed its debut fund with $75 million in capital commitments. Limited partners include Robeco Private Equity and Piper Jaffray.  

PRESS RELEASE

Israel Cleantech Ventures (ICV), the first Israeli cleantech-focused investment fund announced today that it reached a final close of $75M for its debut fund, significantly exceeding its original target of $60M.

 

ICV was established in 2006 to provide value added growth capital to exceptional entrepreneurs building Israel's energy, water and environmental leaders. The fund is backed by high profile institutional investors and family funds in Europe, the USA and Israel, including Netherlands-based asset manager Robeco Private Equity and US-based financial institution Piper Jaffray.

 

The fund is managed by partners Jack Levy, Meir Ukeles and Glen Schwaber working together with a team of industry veterans with decades of experience in Israeli energy, water and materials technology companies