Investor, Josh Liberman is focusing his attention on the growing Israeli technology scene, with a partnership between Tel Aviv-based firm 10D, and his family office, Josh Liberman Investment Group.
Liberman is a member of one of Australia’s wealthiest families that made their fortune in textiles, retail, oil, and property. He has created Lumir Ventures, a venture capital firm to focus on supporting Israeli companies.
“Over the past decade or so, I’ve organised and led about ten missions to Israel where I’ve taken hundreds of Australians, many of them for the first time,” said Liberman, who is also chairman of LJCB Investment Group, the primary investment vehicle of the Liberman family. “Lots of these individuals were amazed by the tech ecosystem and expressed an interest to co-invest with me in deals I was doing there.”
“This ultimately led me to establish a fund specifically for Australian investors to gain access to my pipeline of Israeli technology start-up opportunities.”
“Israel has traditionally been particularly strong in cybersecurity – and continues to be – however it now has successful and growing tech companies across a wide range of verticals,” he added.
“We’re not limiting the Lumir Ventures fund to certain verticals but rather will build a diversified portfolio of great tech companies across various sectors and market focuses”
Lumir Ventures, led by, Yahal Zilka, one of the world’s leading venture capitalis. 10D was also one of the first and biggest investors in Waze, which is a navigation app acquired by Google in 2013.
