MoreVC
| Industry | Venture capital |
|---|---|
| Founded | 2006 |
| Headquarters | , |
Number of locations | 1 |
| Website | www.morevc.com |
MoreVC, formerly known as Israel Cleantech Ventures, is a venture capital firm founded in 2006 by Glen Schwaber,[1] Jack Levy, and Meir Ukeles.[2] It is a clean technology venture capital fund intent on providing growth capital to Israel's energy, water and environmental technology sectors.[3][4] MoreVC receives funding from InnovFin, a company that provides equity investments to companies in their early stages of development.[5]
In 2007 Israel Cleantech Ventures raised $75 million for its first fund from investors that included Robeco and Piper Jaffray,[4] as well as institutional investors and family offices.
In February 2020, it expanded its ventures into clean technology[6] and rebranded to MoreVC.
References
- ^ "Glen Schwaber – Israel Cleantech Ventures". Retrieved 2022-01-21.
- ^ Israel Cleantech Ventures management profile.
- ^ Israeli Greentech Companies Make Their Pitch, Jeff St. John, Greentech Media, November 11, 2008
- ^ a b Israeli funds look to clean technologies, Jessica Steinberg, International Herald Tribune, October 18, 2008; accessed December 22, 2008.
- ^ "EIF rolls out a €100 million COVID-19 InnovFin support fund for innovative companies with its first investments". www.eif.org. Retrieved 2023-10-12.
- ^ Ravet, Hagar (2020-02-18). "You Cannot Make the World a Better Place at the Expense of Good Returns, Says Cleantech Investor". CTECH - www.calcalistech.com. Retrieved 2022-01-21.