E1: Ex-NBA Star's New Fund Targets Cybersecurity, Cloud, & AI | Top Startup News
Description
Omri Casspi, a former NBA player, launched Swish Ventures, a $60 million venture fund focusing on early-stage cybersecurity, cloud infrastructure, and AI startups. This is Casspi's second fund, following the successful Sheva Capital. Swish Ventures will invest $5-$7 million per deal in approximately 10 companies, with a focus on experienced entrepreneurs and leveraging connections from his previous fund. The fund has secured notable investors, including Sequoia Capital and several founders from Casspi's prior portfolio companies. Casspi's venture capital activities highlight a growing trend of athletes investing in startups.
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