Union Tech Ventures

About The Fund

Union Tech Ventures is a venture capital fund located at 67 Yigal Alon, Tel Aviv, 67443, Israel. As the technology investment arm of the Union Group, a family-owned Israeli holding company, they specialize in equity investments within the IT, TMT, business solutions, and logistics industries. Union Tech Ventures is committed to building long-term value by partnering with entrepreneurs who have a vision for digitally disrupting traditional industries. They seek to support ambitious founders with the intent of developing category-leading companies. With operational expertise, an extensive network, and market insights from their various activities, including partnerships with companies such as Toyota, H&M, Geely, Super-Pharm, Dyson, and their real estate and infrastructure ventures, they offer substantial support to their portfolio companies. Since launching in 2016, Union Tech Ventures has invested in 29 companies, achieved 5 exits, and witnessed 4 IPOs. They are dedicated to fostering Israeli-related businesses, reflecting over 30 years of expertise in building businesses within Israel, and show strong commitment to supporting local entrepreneurs with global aspirations. Union Tech Ventures invests from Series A to pre-IPO stages, always looking for companies with strong business fundamentals. They prioritize investments in products that meet real market needs and companies that demonstrate they are adding value to their customers. Their portfolio spans several sectors, including consumer, data, digital health, gaming, insurtech, marketing, mobility, property, and retail. Union Tech Ventures is led by Tal Recanati as Managing Director, with Idan Erdan serving as Principal and Roxanne Horesh as another Managing Director.