Investor profile
Ofir SouthUp Ventures
Ofir-SouthUp Ventures aims to transform the Weste Negev into a world-class innovation hub by investing in top-tier startups, supporting existing ones, and fostering resilience and sustainable growth through successful startups and job creation. The fund seeks companies with disruptive technologies, poised to scale globally and make a powerful impact, focusing on startups from or willing to relocate to the Weste Negev, venture creation with local entrepreneurs and academic institutions, and allocating up to 15% of the fund to exceptional opportunities beyond its main focus areas and region.
Investment thesis
Focus and thesis
Ofir-SouthUp Ventures aims to transform the Weste Negev into a world-class innovation hub by investing in top-tier startups, supporting existing ones, and fostering resilience and sustainable growth through successful startups and job creation. The fund seeks companies with disruptive technologies, poised to scale globally and make a powerful impact, focusing on startups from or willing to relocate to the Weste Negev, venture creation with local entrepreneurs and academic institutions, and allocating up to 15% of the fund to exceptional opportunities beyond its main focus areas and region.
Profile links
Open the source pages
Partners and team
People behind the fund
- Dr. Amiram (Ami) Appelbaum
- Itai Horstock
- Gil Shvartzman
- Shahar Belkin
- Yair Estline
- Rafi Nevo
- Amichai Steimberg
- Wolf Bielas
Investor FAQ
Frequently asked questions
What is the vision of Ofir-SouthUp Ventures?
Our vision is to transform the Western Negev into a world-class innovation hub, invest in top-tier startups, foster resilience and sustainable growth in the region, and deliver strong returns to our investors.
What are the complementary goals of the fund?
The fund combines two complementary goals: to revitalize the Western Negev region and to maximize return on capital for investors.
What makes Ofir-SouthUp Ventures unique?
We offer direct impact in revitalizing the Western Negev, access to startups with preferential funding structure from the Israel Innovation Authority, management by a team of locals, VC experts, and former public sector leaders, and leverage of the local ecosystem of academic institutes, industrial + agricultural region, and medical facilities.
What kind of companies does the fund seek?
The fund seeks companies with disruptive technologies, poised to scale globally and make a powerful impact. This includes startups from the Western Negev, startups based in or willing to relocate to the Western Negev (including SouthUp companies), and exceptional opportunities beyond our main focus areas and the region (up to 15% of the fund).
