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The Venture Codex

Overview

Insurance, pension, and financial asset management services provider.

Founded

1934

Deals · 12mo

1

Links

Stage focus

Series C
Series D

Geographic focus

Israel

Sector focus

Finance
Financial Services
Insurance

Investment portfolio

  • Stark Power

    Led · Equity · Jul 2026

    Stark Power focuses on developing energy infrastructure and hyperscale data center campuses in the U.S., pursuing a “Power First” strategy that couples co-located power generation with digital infrastructure. The company recently acquired Sagebrush Infrastructure Partners, which is advancing a portfolio of five hyperscale data center campuses in the U.S. Midwest totaling approximately 5.6 GW. Stark Power plans to use proceeds from its latest equity raise primarily to fund complementary power generation assets across its data center portfolio. The firm is backed by institutional investors and increased institutional conviction with Migdal Insurance becoming a significant shareholder through the current financing. The company is headquartered in Tel Aviv and is accelerating development across its pipeline following the Sagebrush acquisition.

  • Velox

    Participated · Series B · Apr 2024

    Velox, based in Kfar Saba, Israel, develops, manufactures and sells industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. Its proprietary technology, based on formulated inks and a dedicated deposition architecture, introduces an entirely new approach to digital printing for packaging decoration. Velox's commercial solutions include industrial-grade digital decorators for mass production of beverage cans, tubes, and aerosol cans. The company is led by Marian Cofler (CEO) and Adrian Cofler (COO). Velox raised $38M in funding led by Fortissimo Capital with participation from existing investors including JAL Ventures, O.R.T. Technologies, Ilan Holdings, Evonik, Waypoint Investors and Migdal Insurance & Finance. The company intends to use the funds to accelerate its global presence and to innovate in high-speed, direct-to-container digital printing. Velox develops and manufactures industrial-grade direct-to-shape digital decoration solutions for the rigid container industry using its proprietary DTS-Inkjet technology. The DTS-Inkjet system is based on formulated inks and a deposition architecture designed to match or replace existing decoration technologies on quality, production speed, and total cost-of-ownership. The company positions its solution as an end-to-end replacement that also offers greater agility and efficiency versus legacy methods. Velox was co-founded by Marian Cofler (CEO) and Adrian Cofler (COO). The business completed a $32m funding round to support commercialization and scale. Velox intends to use the proceeds to expand digital printing from special editions into the mass packaging decoration market.

  • viisights

    Participated · Equity · Feb 2022

    viisights develops AI-powered behavioral-recognition video analytics that analyze sequences of images to detect abnormal behaviors and events (for example fighting, loitering, looting, and vandalism) and raise real-time alerts. Its approach focuses on sequences rather than individual images, enabling distinctions between similar-looking behaviors (for example dancing versus fighting). The company sells through a growing network of system integrators and channel partners and has announced partnerships with PSA and Cognyte. Viisights targets safe and smart cities, educational and enterprise campuses, manufacturing and industrial zones, critical infrastructure sites, and transportation hubs. The company plans to expand marketing and product enhancements to penetrate additional target markets and to initiate a new SaaS business model; it expects more than half of its revenue will come from SaaS by the end of 2023. Founded in 2015, viisights employs 31 people in Tel Aviv and New York and 8 people in Ukraine. Viisights develops behavioural understanding systems for real-time video intelligence, led by CEO Asaf Birenzvieg. Its flagship product, Viisights Wise, leverages AI and proprietary video-understanding technology to extract actions, events and scenes from live video feeds. The platform supports use cases including violence and weapon recognition, suspicious-activity detection, crowd management, vehicle and traffic surveillance, indoor/outdoor safety (fire and smoke detection) and resource optimization. The company targets safe and smart cities, smart enterprises, banking and financial institutions, critical infrastructure sites, transportation hubs and ride-sharing vehicles. Viisights plans to use the funding to expand its sales organization, establish a global presence, continue enhancing current products and develop new solutions. The company recently completed a $10M Series A financing to support those initiatives. viisights offers a SaaS-based video data management and intelligence platform for content discovery, brand safety and targeting. The solution serves as a destination for video metadata and user-profile management. It aims to help publishers with large video content libraries expand revenues and to provide advertisers with higher-quality video ad targeting data. The company is led by co-founder and CEO Asaf Birenzvieg and co-founder and chief scientist officer Simon Polak. Following the raise, viisights plans to use funds to enhance its core technology and to expand the team. The company is based in Tel-Aviv, Israel.

  • Rewire

    Led · Equity · Feb 2022

    Rewire is a Tel Aviv, Israel–based international financial services platform that serves migrants worldwide. The company leverages technology and strategic partnerships with financial institutions in migrants’ countries of origin and new homes to provide remittance and payment accounts and advanced services such as bill payments, savings and mortgage loans. Rewire manages several online global communities for customers who have migrated to Europe from over 20 countries across Asia and Africa, including the Philippines, Nigeria, India, Thailand and China. The platform is founded by Guy Kashtan (CEO), Adi Ben Dayan (VP R&D), Saar Yahalom (CTO) and Or Benoz. Rewire plans to use new funding to develop country-specific offerings, exemplified by a partnership with a pan-Asian insurance company that enables members to purchase coverage for family back home. The company raised $25M in funding as reported in the article. Rewire is a Tel Aviv/Amsterdam-based fintech focused on providing cross-border online banking and financial services for migrants. Its existing product set includes credit and loan services, investments, and savings. The company plans to further develop its platform to add bill payments and insurance products. Rewire recently secured a €/EU Electronic Money Institution (EMI) license from the Dutch Central Bank and an expanded Israeli Financial Asset Service Provider designation. Financially, the company announced a $20 million Series B and a significant line of credit from a leading bank to support product and geographic expansion. CEO Guy Kashtan said the funding and licenses will be used to expand geographies and products and advance the company’s financial-inclusion mission. Rewire, founded in 2015 and based in Tel Aviv, Israel, provides cross-border accounts for migrants. It serves Filipinos, Nigerians and Indians living in Europe. The company offers a free Euro account to keep money safe and manage financial activity, plus a mobile app to send money, view balances and control expenses. Users receive a personal IBAN for sending and receiving money via a transfer platform and a free prepaid Mastercard for shopping, bill payments and ATM withdrawals worldwide. Rewire plans to use the funds to continue expanding operations and extend its reach into Europe. The company recently raised $12m in a Series A financing.

  • Nostromo

    Led · Equity · Nov 2021

    Nostromo Energy Ltd. is an Israel-based provider of sustainable energy storage solutions for commercial and industrial buildings built on its proprietary IceBrick™ technology. The IceBrick™ stores energy during off-peak or surplus solar hours and supplies cooling during peak hours and is designed for deployment at scale. Led by CEO Yoram Ashrey, the company targets commercial and industrial building customers. Nostromo plans to expand its business operations in the US and to grow its R&D, software, engineering, project management, production, Q&A, regulatory, and US sales and marketing organization. Financially, the company completed a $9.1M equity financing in a private issuance of ordinary shares (price per share $10.8) that included non-tradable warrants to invest an additional $6.4M. Completion of the investment is subject to approval by the Tel-Aviv Stock Exchange to list the issued shares for trade. Nostromo develops the Nostromo IceBrick™, a proprietary cold-energy storage solution that stores energy during off-peak or surplus solar hours and releases it for cooling during peak demand. The system is designed for large electricity-demand sites such as data centers, office buildings, hotels, shopping centers, hospitals and factories and can be deployed at scale. Over the last two years the company says its technology has gained significant traction, securing commercial deals and pilot projects. In April Nostromo signed a 20-year agreement to install a 1.5 MWh system at the Hilton Beverly Hills (also serving the adjacent Waldorf Astoria) and agreed with Sandstone Properties on a 900 kWh installation in a Los Angeles office building; it also signed an MOU with Westfield for potential retail-center deployments. Nostromo runs R&D projects with strategic players including Royal Dutch Shell and the Israeli Electric Company and has partnerships with leading U.S. engineering firms. Financially, the company completed a financing tied to a merger that raised $13.6M and earlier received a $500,000 personal investment from Mayo A. Shattuck III.

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