The first Israeli fund to be established in Spain seeks to finance entrepreneurs with Mentor Day Canarias

The event organized by Aceleradora Mentor Day

Swanlaab Giza Innvierte will participate in the Industrial Startups Acceleration Week that will take place in Santa Cruz de Tenerife from April 3 to 7.

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The first Spanish-Israeli technology investment fund, Swanlaab Giza Innvierte Venture Fund IWill participate in the Industrial Startups Acceleration Week. The event you organize Mentor Day Accelerator, the first non-profit Canarian association that is committed to entrepreneurship, aims to learn about and value the most innovative technological projects presented at these conferences.

 

This business meeting will take place from April 3 to 7 in Santa Cruz of Tenerife. Among the planned activities, one of the most relevant is Mentor Finance, on Wednesday, April 5, in which this relevant investment fund, based in Madrid and in Tel Aviv, and that is already operational to invest in Spain.

 

Swanlaab Giza Innvierte It is the seventh fund of Giza Venture Capital, one of the main venture capital players in Israel. Giza It has been in the market for more than twenty-five years, six funds raised, 600 million dollars of assets under management, more than 110 investments made and more than 40 successful exits, 8 of which have been IPOs.

 

This fund dedicated to Spain plans to invest in twelve or fifteen Spanish high-tech technology companies (High Tech); patented or patentable technology; with B2B, Business to Business business models; companies with finished products and in the marketing or pre-marketing phase. The first Spanish company it has opted for Swanlaab is Coowry, a digital micropayment platform through mobile or web without the need for a credit card or checking account.

 

 

Among the planned activities, one of the most relevant is Mentor Financia, on Wednesday, April 5, in which this relevant investment fund, based in Madrid and Tel-Aviv, will participate, and which is already operational to invest in Spain

 

 

Lead investment operations

 

This Spanish-Israeli fund can make an investment per company ranging from one to six million euros. Swanlaab has a vocation as a leadinvestor (investor in charge of leading the operation) and always seeks to co-invest with other national or international funds, to provide the company with the necessary resources for its growth until the final sale to a multinational corporation, which is usually the most usual when divesting.

 

Another of the differentiating factors of Swanlaab It is their hands-on approach, providing operational and daily support and advice to achieve a scalable deployment at an international level.

 

Entrepreneurs with innovative technological projects that fit with this investment strategy and who wish to participate in the acceleration week can do so by registering until March 29.

 

Mentor Day It has the collaboration of 140 volunteer entrepreneurs, seventy specialist experts, thirty financiers and fifty mentors from the Youth Business Spain Foundation, the largest mentoring network in the world.

 

This Acceleration Week is co-organized with the Industrial Association of the Canary Islands (Asinca), College of Engineers of Santa Cruz de Tenerife and the Cameral Institute for the Creation and Development of Businesses (Incyde). And they collaborate Recaba, Enterprise Europe Network and Why Tenerife.