Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | Other • IT (& TMT) • Energy • CleanTech |
Investing | Israel |
The Israel-Colorado Innovation Fund (ICI Fund) is a venture capital fund that specializes in bringing groundbreaking Israeli artificial intelligence (AI) technologies to the U.S. market, with a particular focus on the State of Colorado. ICI Fund operates under the thesis of partnering with people to achieve what seems impossible, focusing on AI technologies that can secure our future by saving resources and facilitating positive societal change. Their targeted investment domains include AI-driven solutions for water management, food production, carbon reduction, cybersecurity, risk management, computer vision, cloud infrastructure, generative AI, robotics, productivity and efficiency applications, and natural language processing (NLP). The fund is actively involved in assisting its portfolio companies, supporting them across various stages of growth, and aiding in their expansion into the U.S. market. This engagement ranges from facilitating networking and business partnerships to practical growth support within the U.S. business landscape. ICI Fund has partnered with U.S business individuals from varied industries and corporates who share a belief in the capabilities of Israeli AI technologies and support their growth. The fund also collaborates with the Israel Innovation Authority and maintains formal support from the State of Colorado to further its mission. Notably, ICI Fund has initiated 'Women Funding Women', an initiative aimed at empowering Israeli women-led AI startups. The fund boasts of a hands-on approach, offering more than capital by working closely with companies to achieve their goals. Their website highlights success stories with portfolio companies like Buzzy, UrbanMix, Reborn, RangersAI, and FeminAI, showcasing the breadth of innovation and potential impact on various sectors. Moreover, ICI has a supportive community of advisory board members and partners who provide expertise, mentorship, and market access to portfolio companies, further emphasizing their commitment to building strong, lasting relationships and fostering entrepreneurship. ICI Fund exemplifies a model of international collaboration, advanced technology investment, and dedication to sustainable innovation addressing urgent global challenges.