Hanaco Ventures
 | |
| Company type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 2017 |
| Founder | Alon Lifshitz, Lior Prosor, Pasha Romanovski (2024) |
| Headquarters | , |
| AUM | USD $2 billion |
| Website | hanacovc |
Hanaco Ventures is an Israeli venture capital fund that manages over $2 billion in assets. The capital was raised through six funds from private and institutional investors across Israel, the United States, Europe, and Asia. The firm has invested in over 60 technology companies at various stages.[1]
History
[edit]Hanaco Ventures was founded in 2017 by Alon and Tiferet Lifshitz, named in memory of Hana Cohen, a Holocaust survivor and Alon’s grandmother, who raised him. Alon Lifshitz is the founding partner of the firm, and was later joined by Lior Prosor and Pasha Romanovski as partners. In 2024, Romanovski departed the firm.[2]
Hanaco Ventures follows two main investment strategies:
- Early Stage Investments: These include three funds focused on early-stage technology companies, primarily in Israel and the United States.
- Late-Stage Growth Investments: These include three funds targeting more mature companies with proven revenues and growth, typically at pre-M&A or pre-IPO stages.
The fund invests primarily in Israeli startups or Israeli entrepreneurs, at both the early and the growth stages, with a focus on cybersecurity,[3] fintech,[4] artificial intelligence,[5] digital health,[6] hardware,[7][8] and other emerging technologies. It is also recognized for impact investments in companies including SpotItEarly, which enables early cancer detection through the use of trained dogs and AI, and Redefine Meat, which produces alternative protein products.[9][10]
Among Hanaco Ventures’ notable investments are companies such as Moovit (acquired by Intel),[11][12] Yotpo, Divvy (acquired by bill.com), DigitalOcean (NYSE: DOCN), Amwell (NYSE: AMWL), Pontera, Lightricks, UVEYE,[13] Flex, Guardz, Firefly.ai, Castore,[14] Zeno Power,[15][16] among others.[17][18]
In 2021, Hanaco Ventures was ranked 5th among Israeli VC funds managing over $250 million. By 2023, Hanaco Ventures was managing $2 billion. According to Duns100, it is the 8th largest venture capital firm in Israel[19], and in 2024, it was ranked among the most active VC firms in the country.[20][21]
Hanaco Ventures maintains offices in Herzliya, Israel, and New York City, USA.[22]
References
[edit]- ^ Ovadia, Yafit (2021-08-30). ""ESG Investments aren't just ethical, they're helping make the world a better place"". CTECH - www.calcalistech.com. Retrieved 2025-06-13.
- ^ "Pasha Romanovski leaving VC firm Hanaco". ctech. 2024-06-23. Retrieved 2025-06-13.
- ^ Orbach, Meir (2020-11-04). "Intel acquires Israeli data science startup Cnvrg.io for $60 million". CTECH - www.calcalistech.com. Retrieved 2025-06-12.
- ^ "Curve lands £37M in funding". Tech.eu. 2025-03-14. Retrieved 2025-06-13.
- ^ Lunden, Ingrid (2025-02-25). "Perfect taps $23M to fix the flaws in recruitment with AI". TechCrunch. Retrieved 2025-06-13.
- ^ CTech (2021-06-29). "MDI Health announces $6 million seed round, launches personalized AI medication platform". CTECH - www.calcalistech.com. Retrieved 2025-06-12.
- ^ Lifshitz, Alon (2020-05-04). "The Current Crisis Offers a Golden Opportunity for Startups". CTECH - www.calcalistech.com. Retrieved 2025-06-12.
- ^ "ZEST Security raises $5 million Seed round for cloud risk resolution platform". ctech. 2024-07-24. Retrieved 2025-06-13.
- ^ Orbach, Meir (2021-02-16). "Redefine Meat raises $29 million to support the commercial launch of its 3D printed meat substitute". CTECH - www.calcalistech.com. Retrieved 2025-06-12.
- ^ Press (2021-02-17). "Redefine Meat Raises $29M Round Led by Happiness Capital and Hanaco Ventures Ahead of Global Market Launch". Food Industry Executive. Retrieved 2025-06-13.
- ^ אורבך, מאיר; כלכליסט (2020-05-04). "נחתמה העסקה: אינטל רוכשת את מוביט במיליארד דולר". Ynet (in Hebrew). Retrieved 2025-06-15.
- ^ Azulai, Shlomi (2020-05-06). ""For Israeli Tech, a US recovery will be the turning point"". Forbes Israel. Retrieved 2025-06-13.
- ^ Wrobel, Sharon. "Israeli vehicle scanner startup raises $100 million backed by General Motors, Hanaco". www.timesofisrael.com. Retrieved 2025-06-13.
- ^ Islam, Arif (2023-11-30). "Castore valued at 'nearly UK£1bn' after raising UK£145m". SportsPro. Retrieved 2025-06-13.
- ^ FinSMEs (2025-05-15). "Zeno Power Raises $50M in Series B Funding". FinSMEs. Retrieved 2025-06-13.
- ^ Harris, William (2025-05-19). "Balerion Space Ventures Joins $50M Series B for Zeno Power's Nuclear Battery Venture". citybiz. Retrieved 2025-06-13.
- ^ Ovadia, Yafit (2021-08-30). ""ESG Investments aren't just ethical, they're helping make the world a better place"". CTECH - www.calcalistech.com. Retrieved 2025-06-12.
- ^ "Curve lands £37m investment led by Hanaco Ventures". Archived from the original on 2025-04-13. Retrieved 2025-06-13.
- ^ "Venture Capital Funds Multi Stage". duns100.co.il.
- ^ Ovadia, Yafit (2021-08-30). ""ESG Investments aren't just ethical, they're helping make the world a better place"". CTECH - www.calcalistech.com. Retrieved 2025-06-12.
- ^ "GNY-KPMG INVESTORS REPORT" (PDF). IVC. 2024.
- ^ "Hanaco". Retrieved 2025-06-13.