Team8: Revolutionizing Digital Transformation with $500 Million in New Funds
March 11, 2024, 12:02 pm
Team8, a global fund at the forefront of digital transformation, has raised $500 million in new funds, pushing its total assets under management to over $1 billion. With a unique approach to venture creation and venture capital, Team8 has built 20 companies, invested in 21 more, and achieved eight successful exits, totaling close to $2 billion. The latest funds will fuel the growth of over 30 startups in key sectors like cybersecurity, data infrastructure, AI, fintech, and digital health. Team8's innovative model, backed by top-tier LPs and corporate investors, continues to deliver substantial value to its portfolio companies amidst challenging market conditions. Yuval Shachar, Managing Partner and Chairman at Team8, emphasizes the resilience and success of their methodology in building and investing in companies.
As the digital landscape evolves, Team8 remains a driving force in shaping the future of technology and societal progress. Through strategic partnerships with leading entrepreneurs and a network of global partners, Team8 provides extensive operational support to its portfolio companies. The recent funds, including the Venture-Creation Enterprise Fund, the Venture-Creation Digital Health Fund, and the Venture-Capital Fund, highlight Team8's commitment to fostering groundbreaking developments in high-impact sectors. Additionally, follow-on funds will further support the growth of Team8's most successful companies.
Team8's success story is a testament to its unique approach to innovation and investment, solidifying its position as a leader in digital transformation. With a focus on creating and investing in companies that tackle significant challenges, Team8 continues to drive technological advancement and shape the future of key industries.
In a rapidly changing digital landscape, Team8's $500 million in new funds signals a new chapter in their journey towards revolutionizing digital transformation and creating lasting impact in the world of technology and innovation.
As the digital landscape evolves, Team8 remains a driving force in shaping the future of technology and societal progress. Through strategic partnerships with leading entrepreneurs and a network of global partners, Team8 provides extensive operational support to its portfolio companies. The recent funds, including the Venture-Creation Enterprise Fund, the Venture-Creation Digital Health Fund, and the Venture-Capital Fund, highlight Team8's commitment to fostering groundbreaking developments in high-impact sectors. Additionally, follow-on funds will further support the growth of Team8's most successful companies.
Team8's success story is a testament to its unique approach to innovation and investment, solidifying its position as a leader in digital transformation. With a focus on creating and investing in companies that tackle significant challenges, Team8 continues to drive technological advancement and shape the future of key industries.
In a rapidly changing digital landscape, Team8's $500 million in new funds signals a new chapter in their journey towards revolutionizing digital transformation and creating lasting impact in the world of technology and innovation.