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Swish Ventures Raises $250M to Back Early-Stage AI, Cyber and Defense Startups

Tel Aviv's Swish Ventures, led by Omri Casspi, has raised $250M for its third fund, focusing on AI, cyber, and defense startups.

Business

>>”>Jerusalem, 3 September, 2026 (TPS-IL) — Tel Aviv-based venture capital firm Swish Ventures, founded and led by Israeli former NBA player Omri Casspi, has raised $250 million for its third fund, bringing its assets under management to approximately $800 million.

The new fund will invest in about 12 early-stage startups, primarily at the Seed and Series A stages, focusing on cybersecurity, technology infrastructure, Physical AI, defense, industrial AI and government technology.

Since its launch in 2025, Swish Ventures has invested in 20 companies, eight of which have become unicorns, with a combined portfolio valuation exceeding $60 billion. Its investors include Sequoia Capital and U.S. institutional investors, universities and family offices.

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Thursday, 3 September 2026 Updated continuously