Eurofund
99 Hayarkon Street, Tel Aviv, 63432, Israel
Overview
Eurofund is a venture capital fund with a strongly defined identity and distinct areas of operation, established in alliance with powerful strategic partners who are industry leaders in the global marketplace. Eurofund focuses on earlier stage Israeli companies specializing in Telecommunications, Microelectronics, Security and the Internet. The funds raised $72 million and are structured to make significant contributions to their portfolio companies and to generate solid, substantial growth in value. Partners in Eurofund include: Bertelsmann, Bezeq (Israel's national telecommunications provider), DaimlerChrysler, DEG (a member of KFW KFW - Kreditanstalt Für Wiederaufbau (German Bank) Group), Deutsche Telekom, ECI Telecom, Federmann Enterprises, Lockheed Martin, the RAD Group and other financial investors.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- CyOptics
Participated · Equity · Jan 2011
CyOptics designs, develops and markets a full line of indium phosphide (InP) optical chips and components for integration into access, metro and long-haul communications systems. The company also offers contract design, foundry and high-performance packaging services. It serves over 100 customers worldwide, including telecom system OEMs, module-level suppliers and major defense contractors. In 2010 CyOptics generated over $100m in revenues. Operations include InP design, device fabrication and packaging in Lehigh Valley, Pennsylvania; a silica PLC fab in South Plainfield, New Jersey; and automated packaging and testing in Matamoros, Mexico. Management says proceeds from the investment will fund working capital to bolster near-term revenue growth and support R&D to deliver new products and services.
Team
No current team members are available.