Wadi Ventures

Wadi Ventures is a European-backed Israeli micro-seed venture capital fund founded in August 2012 by General Partner Jonathan Pacifici and co-founder Reuven Ulmansky to back early-stage disruptive Internet and new-media startups based in Tel Aviv's 'Silicon Wadi' tech ecosystem. The fund operates a single vehicle, the Wadi Micro Seed Fund, and combines capital deployment with hands-on, accelerator-style support. Initial checks are intentionally small at $50,000 to $150,000 per company and pair with a three-pronged program of financial investment, founder mentorship, and structured European market exposure, with the goal of bringing portfolio companies to a strong Series A launch with credible business connections in Europe, generally as a co-investor. Founding partner Jonathan Pacifici is a multilingual Italian-Israeli venture capitalist and entrepreneur fluent in Italian, English, Hebrew and French; Reuven Ulmansky is a veteran of the elite Israel Defense Forces Unit 8200 technology intelligence corps with senior management experience. The fund's backer pool comprises major European, notably Italian, financial institutions and well-known industry-figure entrepreneurs, with explicit emphasis on corporate strategic partners across telcos, banks and adjacent industries that help shape early-stage ideas. Across approximately 14 to 16 disclosed investments, named names include website-localization platform Bablic, acquired by Unbabel on June 1, 2023 in the fund's flagship exit, Clctin, Croosing, Wadi's most recent disclosed investment in August 2015, Folloyu, PicBadges and Winkapp. New investment activity has been quiet since 2015. By pairing small first checks with mentorship and European market access, Wadi Ventures backed Tel Aviv internet and new-media founders.