Swish Ventures, the venture capital firm founded by former NBA player Omri Caspi, has closed its third fund at $250 million, bringing its assets under management to approximately $800 million. The new fund will invest in about 12 startups, focusing on cybersecurity, AI, and infrastructure, with an average check size of $20 million. The firm has already backed 20 companies, including eight unicorns, with a combined portfolio valuation exceeding $60 billion.
Swish Ventures, the venture firm started by former NBA player Omri Caspi, has wrapped up its third fund at $250 million, pushing total assets under management to about $800 million, according to a YNetNews report.
This new fund is set to back roughly 12 startups, writing average checks of $20 million. The target: seed and Series A rounds across cybersecurity, artificial intelligence, and infrastructure. Swish Ventures has already put money into 20 companies, among them Cognition AI, Applied Compute, EON, Wonderful, and Upwind. And eight of those have hit unicorn status. The portfolio’s total valuation is above $60 billion.
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