Walden Israel, one of Israel’s oldest venture capital funds, is closing its doors after failing to raise sufficient capital for its follow-on fund. Walden is following several Israeli Venture Capital Funds who failed to raised follow-on commitments and subsequently decided to close doors:Concord Ventures, Delta Ventures, Israel Seed Partners, and Star Ventures. According to its …
Winners of the best venture-backed competition
Last Month, Red Herring and the Israel Venture Association co-sponsored a competition in Israel, limited to early stage companies with revenues of up to $10 million in 2006 supported by venture funds associated with the IVA. Three Israeli startups received first prizes as the best young companies in their respective sectors. And the winners are: …
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