TBD VC unveils $35M venture fund to back Israeli deep tech startups

TBD VC, a new company in the first stage of capital in the early stage, has announced a fund worth $ 35 million to support Israeli founders in deep technology in pre -seeds and seeds, in both Israel and around the world.

The launch of the fund comes amid a new wave of Israeli technology stories, including the last acquisition of 32 billion dollars by Google and the Next Insurance of $ 2.6 billion – which enhances the country’s strength in building successful technology companies.

However, according to the founders of TBD David Citron and Alan Buch, the first stages of the company’s formation are still deprived.

TBD is actively invested and is expected to support about 20 companies from this fund with an unlimited concentration of the sector, however double clicking in the AI, cloud infrastructure, cybersecurity, and software empowerment.

TBD will lead pre -seed tours with nearly $ 1 million checks and sometimes participate in seed tours alongside other investors. The LP base for the Fund includes institutional investors, family offices, and successful businessmen, and the company is already publishes the capital with activity.

“We are not looking for momentum or noise cycles – we are here for the technical founders who build real companies from the first day,” said Citron, who is based in Tel Aviv. “This is where the value is created, and condemnation is more important.”

Citron brings more than a decade of VC experience with VCS International, the most prominent of which is with Rocket Internet, as he focused on investing before the seed in Israeli startups to the German giant. During his career, Citron has invested in dozens of Israeli startups through cybersecurity, infrastructure, institutions programs and consumer applications.

His investments (obtained by Microsoft), Walkme, Voca.ai (obtained from Snap) included, Flow Security (obtained by Crowdstrike), Faygg, Faye, Boards.com and Eon.io (called “WIZ Next “), Upwind, and Pointfive.

“We don’t try to be everything for everyone,” Citron added. “We specialize in pre -seeds, the first founder, and the benefit of implementation is unabated.”

In an interview with Gamesbeat, Citron said that TBD VC will focus on investing in the programs of cybersecurity, security and deep technology. He is considering how to use technologies such as gaming engines to build a digital twinning framework in the institution, and this possibility may be interesting. But Citron said that his company will not focus on games investment.

He said: “It is clear that there are many works in Israel in the world of games, but I am often investing in infrastructure and we are trying to stick to what we know.”

Citron was born and grew up in Israel and served in the army in the Special Forces as a combat doctor. Join the investment capital industry when drained, and VC was over the past 13 years.

“The Cyber ​​Foundation is a large part of the flow of the deal in Israel,” he said. “I was an investor at an early stage, but I became really passionate about memory when I was working with Rockting Internet, which cost me to do before the seed in the Israeli ecosystem. It was amazing. Before that, there were no investors before the seed in Israel.”

Citron founder, Alan Boch, leads from New York and brings a global perspective to manage wealth and alternative investment.

Through more than 15 years of experience-recent investment management in a multi-family office worth $ 4 billion with investments in technology companies such as Spotify, Spacex and Hive Ai in its early stages-a previous professional race, Buch sees investment in the early stage through a unique lens. He used to compete as a race driver throughout Europe, who is also a thirsty tennis player.

“Startups and race companies share more than you expect,” Bush said in a statement. “It is all about strategy, timing and instinct – and knowing when to pay exactly.”

In addition to the general partners on both sides As soon as possible.

“Israel is still the best place to find technical founders,” Citron said. “But the next generation is global – and we are building a company that meets them in their place.”

“In the first stage, the Israeli founders do not need tourists-they need operators who move quickly, build confidence and open the opportunity.” “TBD is designed for it.”

This is the second Citron box, where the first box was also a $ 35 million box, and it was the best performance, with two returns so far. Previous investments included the previous box Upwind.io, PointFive.co and Eon.io. But there are no investments from the second fund after the year, Citron said.

“With the latest acquisitions, everyone talks about how Israel is greater and better than ever. At the pre -seed level, as it is the first examination in a startup that is very exciting,” Citron said. “We hope this is a great moment for the emerging companies of Israeli institutions.”

Citron admitted that it was difficult with the war in Gaza, but indicated that he was optimistic about his focus on the technology sector.