Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
IL Ventures (ILVP Fund, LP) is a venture capital firm based in Tel Aviv, Israel, founded to invest in disruptive technologies that emerge from the region. The firm primarily focuses on supporting traditional industries, particularly agriculture and food production, as they undergo digital transformation and adopt advanced ESG strategies. IL Ventures combines capital with operational expertise to assist promising startups in scaling and expanding their operations globally.
The firm has a total of 11 team members, including 2 partners and 3 venture partners, and operates not only in Israel but also has a presence in the United States and at least one other location. IL Ventures has established itself as a key player in the AgTech and FoodTech sectors, with a portfolio that includes six companies. The firm is committed to helping its portfolio companies navigate market challenges while achieving significant growth.
IL Ventures invests primarily in the AgTech, FoodTech, and Industry 4.0 sectors, targeting Israeli startups that demonstrate the potential for significant impact through innovative technologies. The firm seeks to enhance supply chain responsiveness, improve resource efficiency, and address agricultural challenges through its investments. IL Ventures typically invests in companies at the Seed to Series A stages, with average initial check sizes ranging from $1 million to $3 million.
Investment criteria include exceptional teams, strong intellectual property, and mature products that have achieved market fit, such as advanced proofs of concept and early revenues. The firm emphasizes the importance of operational expertise alongside capital, aiming to support startups in their growth journey while navigating the complexities of digital transformation and ESG implementation.
IL Ventures has a diverse portfolio of six companies, each contributing to advancements in AgTech and related sectors. Notable portfolio companies include:
These companies exemplify IL Ventures' commitment to investing in technologies that drive efficiency and innovation in traditional industries.
Yoni Heilbronn: Managing Partner with extensive experience in venture capital and technology investments.
Elad Frenkel: Managing Partner who has a strong background in supporting startups in the AgTech and FoodTech sectors.
Dani Harari: Partner with expertise in operational strategy and scaling businesses.
Eldad Weiss: Venture Partner focused on identifying and nurturing promising startups.
Dror Erez: Venture Partner with a background in technology and investment.
Ron Salpeter: Venture Partner who brings experience in operational excellence and market strategy.
Dr. Gunter Dunkel OBE: Member of the Strategic Advisory Board, providing insights into industry trends and strategic direction.
Tally Zingher: Member of the Strategic Advisory Board with a focus on innovation and technology.
Yair Reem: Member of the Strategic Advisory Board, contributing expertise in venture capital and startup growth.
Startups interested in pitching to IL Ventures should submit their proposals through the firm's website. It is advisable to include a detailed deck that outlines the business model, technology, market opportunity, and team background. While specific response time expectations were not provided, founders should anticipate a thorough review process.
As of March 2025, IL Ventures has made one new investment in the past 12 months, further expanding its portfolio in the AgTech and FoodTech sectors. The firm continues to track and support innovative startups that align with its investment thesis.
Recent notable investments include companies like CaPow and Pickommerce, which reflect IL Ventures' commitment to enhancing traditional industries through disruptive technologies.
What are IL Ventures' investment criteria?
IL Ventures looks for exceptional teams with strong intellectual property and mature products that have achieved market fit. They prefer companies with advanced proofs of concept and early revenues.
How can startups apply or pitch to IL Ventures?
Startups interested in pitching to IL Ventures should reach out through their website. Specific application forms or portals were not provided in the source material.
What makes IL Ventures different from other venture capital firms?
IL Ventures combines capital with operational expertise, helping startups scale effectively while navigating market challenges. Their focus on AgTech and FoodTech sectors, particularly in Israel, sets them apart.
What is the geographic scope of IL Ventures' investments?
IL Ventures primarily targets Israeli startups, particularly those innovating in agriculture and food production.
What is the typical fund size and check size for IL Ventures?
While specific fund size details were not disclosed, IL Ventures typically invests between $1 million and $3 million in initial checks.
What level of post-investment involvement does IL Ventures have?
IL Ventures provides operational expertise alongside capital, actively supporting portfolio companies in scaling and addressing market challenges.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.