Union Tech Ventures

Union Tech Ventures is the technology investment arm of the Union Group, a family-owned Israeli holding company, and was founded in 2016 with headquarters in Tel Aviv. The firm is on a mission to discover what comes next in the digital disruption of traditional industries, partnering with entrepreneurs who have long-term vision and the ambition to build category-leading companies. It typically backs Israeli and Israeli-related founders, concentrating on mobility and retail technology while ranging more broadly across enterprise software, hardware, defense-tech and digital health. Union Tech Ventures invests primarily at the growth stages, most actively Series B and C, though it engages from Series A through to pre-IPO, and aims to grow alongside its portfolio companies over the long term, generally as a co-investor; its rounds have averaged roughly $12.5 million at Series A, $34 million at Series B, $130 million at Series C and $62.5 million at Series D. A key differentiator is the operational expertise, network and market insight it draws from the Union Group's businesses, which include Toyota and Geely in automotive, H&M and Daiso in retail, a partnership in Super-Pharm and Dyson, and real estate and infrastructure operations. The firm has participated in around 47 investment rounds across roughly 13 companies, including one unicorn, with notable holdings such as Tactile Mobility, Dynamic Yield, Quantum Machines, Triple Whale, Guardio, Candivore, XTEND and Eleos Health, its most recent disclosed deal being Eleos Health's Series C in January 2025. By drawing on the Union Group's industrial businesses, Union Tech Ventures backs Israeli founders disrupting traditional industries.