Merlin Ventures has exceeded its $75 million target for its inaugural fund, aiming to support seed-stage cybersecurity tech startups and accelerate market opportunities.
The fund will focus on growing the Israeli tech ecosystem and providing pathways to scale for startups with next-generation cybersecurity technologies.
Merlin Ventures has made early investments in collaboration with Lightspeed Venture Partners LP and Norwest Venture Partners LP, targeting high-growth startups.
To support its portfolio companies, Merlin Ventures has introduced the Genesis program, offering market insights and operational assistance to fast-track product development and go-to-market readiness.