Avichay Nissenbaum and Yaniv Golan, co-founders of Lool, have previously founded their own companies and been angel investors.
DLD Ventures, the corporate venturing unit of Germany-based publisher Hubert Burda Media’s Digital division, has invested in Israeli venture capital fund Lool Ventures and promoted Markus Scheuermann to managing director (MD).
Lool invests in early-stage Israeli digital start-ups serving global markets. Its current investments include Tonara, a tablet application (app) for the sheet music industry; Wibbitz, a text-to-video service; Zooz, a mobile payment service; and MyPermissions, a program to administer the access of apps and services to personal information.
Avichay…
