PR91992

SAN FRANCISCO, Oct. 1, 2021 /PRNewswire=KYODO JBN/ --

--With a global set of LPs from Europe, Asia and the U.S., the VC firm's fourth

fund will support disruptive Enterprise 4.0 companies from around the world.

Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures

(https://c212.net/c/link/?t=0&l=en&o=3304099-1&h=1571291408&u=https%3A%2F%2Fbenhamouglobalventures.com%2F&a=Benhamou+Global+Ventures) (BGV), which invests in Enterprise 4.0 companies globally, today announced

its fourth fund, closing at $110M, 60% larger than its third fund.

Logo - https://mma.prnewswire.com/media/1636416/BGV_LOGO_Logo.jpg

As the innovation landscape rapidly enters a new technological era, further

ignited by the COVID-19 pandemic, BGV will use this new capital to invest in

startups at the intersection of global innovation and Enterprise 4.0. BGV

brings deep operational expertise to its portfolio companies, and actively

works with CEOs to build value in the companies they create while providing the

necessary capital to scale globally.

BGV's immigrant origins have enabled the firm to relate to and connect with the

challenges of being an immigrant founder. The firm's cross-border investment

strategy allows BGV to source the most promising, capital-efficient startups

originating in innovation hubs outside of Silicon Valley and help them scale in

the U.S. Currently, 60% of BGV's portfolio companies were founded outside of

Silicon Valley across France, Israel, India and other parts of Western Europe.

"For BGV, if you are a talented entrepreneur, it doesn't matter where you're

from. What matters is that your idea and your company are innovative, unique,

and transformative across global markets," said Eric Benhamou, Founder and

General Partner at BGV. "We're grateful to the many new global investors who

placed their trust and capital in us. We are proud to close this fourth fund

and will continue our work helping the next generation of cross-border

entrepreneurs in their company building journey."

With this fourth fund, BGV will focus exclusively on the Enterprise 4.0 domain.

Enterprise 4.0 describes AI-first B2B startups that apply deep tech to novel

data sets coupled with workflow automation.  Most importantly these startups do

so without introducing unintended race, gender or age bias while addressing

data privacy and security concerns and providing transparency. The BGV team has

thought deeply about the importance of ethical AI as it relates to B2B

implementations and recently established a diverse community of entrepreneurs

and industry executives to democratize the evolution and growth of Ethical AI

Governance. This new fund will allocate capital towards companies implementing

cutting-edge AI solutions in ways that are ethical and serve to deliver strong

returns while improving the world around them.

Often holding seats on the boards of its portfolio companies, BGV has a

hands-on, long-term approach to investments. The VC firm helps startups

accelerate market validation and de-risk execution in order to scale and

compete on a global playing field, both within and outside of the US.  

Totango, a poster child BGV portfolio company founded in Israel recently closed

a $100M growth investment on the heels of a record 2020 breakout year. Totango

experiences significant growth as digital transformation continues to

accelerate, driving many businesses to invest massively in customer success.

Their success was fueled by a compelling product-led growth sales motion in the

US coupled with an award-winning AI-powered product platform.

About BGV:

BGV is a venture capital firm with deep Silicon Valley roots and an exclusive

focus on global Enterprise 4.0 technology innovation.  The partnership sources

companies from innovation hubs around the world and deploys financial and human

capital from seed stage to IPO. With offices in Palo Alto, Tel Aviv, Paris, and

Mumbai, BGV has championed a cross-border venture investing model with a

portfolio representing businesses in the US, Israel, Europe, and India.  Visit  

www.bgv.vc to learn more.

Contact: Shayna Zeigen

BAM Communications

+1 619-922-2483

bgv@bamtheagency.com

SOURCE: Benhamou Global Ventures