F2 Venture Capital is gearing up for another big step as the Tel Aviv-based firm moves toward raising a new Seed fund. The firm is targeting about $100 million for its fourth vehicle, and according to people familiar with the process, most of the capital is already locked in. Interest from investors has been strong, which means the final size could climb higher, much like what happened the last time F2 hit the market.
In 2022, F2 set out to raise $100 million for its third Seed fund. Demand came in fast and heavy, and the firm eventually closed that fund at $150 million. That jump pushed its total assets under management to around $500 million. Now the team appears headed down a similar path as returning LPs show up early and in force.
Most of the money for the new fund was reportedly secured before the war ended, which signals both resilience and market confidence. Many investors who backed earlier funds chose to commit again. Their decision speaks to the strong performance of F2 Venture Capital and the growing appeal of early-stage Israeli startups, even during a turbulent period.
The fund continues to operate under its familiar leadership. Managing Partners Jonathan Saacks and Barak Rabinowitz lead the firm alongside General Partner Maor Fridman and CFO and Partner Nurit Benjamini. This team has shaped F2 into one of the most active Seed investors in Israel, with a sharp focus on the earliest days of company-building.
F2 Venture Capital has always positioned itself as a true early-stage partner. Instead of waiting until a company shows traction, the firm prefers to enter at the Seed round and help founders shape the first version of their product. To support that approach, F2 built a dedicated investment studio that guides founders through the messy early stages of finding product–market fit. The studio gives young startups hands-on support and fast access to experienced operators who know how to stress-test ideas.
This approach has paid off. F2 frequently leads the first institutional round in its companies, then supports them as they raise larger rounds from global funds. Several startups that began with F2 later raised significant follow-on capital from major venture firms. That includes companies like Faye, Justt, Darrow, Astrix, 4M, Sett, Zero Networks, and Parametrix. The firm has also backed a number of stealth ventures that have not yet been publicly revealed.
A key part of the firm’s strategy is its willingness to co-invest with some of the biggest names in global venture capital. Over the years, F2 has partnered with firms such as Andreessen Horowitz, Kleiner Perkins, Insight Partners, Bessemer Venture Partners, CRV, and Menlo Ventures. These collaborations give its startups broader access to international networks, follow-on funding, and global markets.
Since opening its doors in 2017, F2 Venture Capital has built a strong reputation for identifying founders who blend artificial intelligence with deep industry knowledge. Many of its companies work at the intersection of AI and sectors like insurtech, fintech, cybersecurity, gaming, and legal tech. This mix of AI and domain expertise has become a signature of the firm’s investment thesis.
As the pace of innovation speeds up across Israel’s tech scene, F2 continues to stand out. According to IVC data, the firm was ranked as Israel’s most active fund for early-stage investments in 2025. That ranking reflects the number of deals completed, but it also highlights how deeply F2 is embedded in the Seed ecosystem.
The decision to raise a fourth Seed fund shows how committed F2 Venture Capital is to the earliest moment of company creation. Even during a difficult year marked by conflict and market uncertainty, the firm managed to secure most of its capital before the fundraising process became public. That momentum sends a clear message: investors believe in F2’s strategy, its track record, and its ability to back the next wave of AI-driven companies coming out of Israel.
The new fund will give the firm enough dry powder to keep leading Seed rounds over the next few years. With startup formation rebounding, and with AI reshaping nearly every industry, timing plays in F2’s favor. Early indicators suggest the new vehicle may follow the same path as past funds and close above its initial target. Whether it ends at $100 million or higher, F2 Venture Capital seems likely to extend its role as one of the most active and influential Seed investors in the region.
Its founders and LPs have learned to expect an aggressive pace. F2 has always preferred to partner with companies at the very start, when uncertainty is highest but the upside is most significant. That early commitment has helped the firm earn a reputation as a builder-friendly investor that stays close to its founders and helps guide them through the first steps of market discovery.
This new fund marks a fresh opportunity for F2 to shape the next generation of Israeli startups. With a strong base of returning investors and a growing pipeline of early-stage innovation, the firm enters this new chapter with momentum. As the startup landscape becomes more competitive and more global, F2 Venture Capital looks ready to continue backing companies that combine bold ideas with deep technical expertise.
If the past is any signal, many of the startups coming out of this fund will raise major follow-on rounds, join forces with global investors, and build technologies that promise to reshape entire industries. For now, F2’s early progress with the fund suggests another oversubscribed close may be on the horizon.
