Pitango Closes New $270M Fund Backed By Asian Money To Fuel More Startups Coming Out Of Israel

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http://techcrunch.com – Another big step forward for Israel’s startup scene today. Pitango Venture Capital, the Israel-based investment company behind like Apple-acquired Anobit, Samsung-acquired Boxee and many others, has closed a $270 million fund, which it will use to back “Israeli companies and companies with an Israeli nexus” that may otherwise be operating in the U.S. and Europe, according to Chemi Peres, co-founder and managing general partner. He says a “meaningful portion” of the investment in the fund came from Asia, specifically investors from China, India, Korea, Taiwan, Japa (IT news)