Team8 Raises $500M in New Funds

Team8, a Tel Aviv, Israel and NYC-based global fund that builds and invests in companies in the digital transformation sector, raised $500m across new funds. These funds, its fifth, sixth, and seventh vehicles, will accelerate the creation and growth of over 30 startups in areas critical to technological advancement and societal progress. They bring its total assets under management (AUM) to over the 1 billion dollars mark. Visit their website located at the team8.vc domain name.