What's Happening?
TIME magazine has named two Israeli venture capital firms, Group 11 and NFX, to its inaugural list of the top 350 firms shaping the U.S. venture capital industry in 2025. Group 11, led by Dovi Frances, and NFX, headed by Gigi Levy-Weiss, were selected from over 10,000 firms reviewed. The ranking, developed in partnership with Statista, evaluated firms based on fundraising strength, investment activity, and exit and fund performance. Group 11, founded in 2012, has invested over $700 million and manages assets valued above $1.4 billion, backing several unicorns and maintaining a predominantly Israeli portfolio.
Why It's Important?
The inclusion of Group 11 and NFX in TIME's list highlights the significant impact of Israeli firms on the U.S. venture capital landscape. This recognition underscores the growing influence of Israeli innovation and entrepreneurship in global tech investment. For Group 11, this accolade follows previous recognitions, reinforcing its reputation as a leading venture capital manager. The acknowledgment of these firms may attract more investors to Israeli-led ventures, fostering further growth and collaboration between U.S. and Israeli tech sectors.
Beyond the Headlines
The recognition of Israeli firms in the U.S. venture capital industry may encourage more cross-border partnerships and investments, enhancing technological exchange and innovation. It also reflects the increasing globalization of venture capital, where firms from diverse backgrounds contribute to shaping industry trends and driving economic growth.