$50m debut fund sourced from undisclosed corporations and angel investors.

David Halperin, one of the owners of Israel’s Halperin Optical chain, and venture capitalist Amitay Yamin have set up Contrago Ventures.

Its $50m debut fund sourced from undisclosed corporations and angel investors will back startups in cloud computing, cybersecurity, financial- and food-tech, artificial intelligence and machine learning, according to the Jerusalem Post.

A number of other VCs are creating debut funds using quasi-strategic angel investors.  

Jon Gordon said his new VC firm, HC9 Ventures, was “an interesting hybrid – it…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.