PANews|Sep 04, 2026 02:23
[Former NBA Player Omri Casspi's Swish Ventures Completes $250 Million Fundraising for Third Fund, Focuses on AI and Other Fields]
According to ynetnews, former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm Swish Ventures, bringing the firm's total assets under management to approximately $800 million. Investors in the new fund include Sequoia Capital, U.S. pension funds, American universities, and family offices. The new fund is expected to invest in approximately 12 startups, with an average investment of around $20 million per deal, focusing on seed and Series A rounds. Targeted sectors include cybersecurity, technology infrastructure, physical AI, defense, industrial AI, and government technology.
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