The Fund has already made several investments, including air fleet and Visionnaire.ai. aifleet is a US-based next-generation trucking company that helps solve the driver shortage and improve drivers’ quality of life. Visionary.ai is an Israeli embedded machine learning company that offers a software-based ISP (image signal processor) that leverages AI to improve a wide range of imaging tasks such as low-frequency imaging. lighting, denoising and exposure control. These companies show the geographical and sectoral scope of the Fund and the opportunities in the mobility sector.
Jeff PetersPartner of Ibex, said: “If you look around your house, your office or your home office, everything, including yourself, has arrived via the transport network. It is the single largest expense. size of households outside the home, and transportation logistics accounts for 10-15% of cost of goods sold. Transportation is a massive market that is changing with digitalization, electrification and automation.”
Ibex Investors began investing in the mobility landscape in 2015. The Mobility Revolution VC Fund complements Ibex’s lifecycle mobility investment strategy, creating a truly ‘complete’ investment platform to invest in mobility. While the Fund targets pre-seed investments through the Series B stage, Ibex’s other investment funds can support the Fund’s portfolio companies up to and through IPO.
Justin Borus, Founder and CEO of Ibex, said, “We’ve built this [Ibex] for over a decade and we continually strive to provide exceptional service and unique investment opportunities to our more than 700 investors. Mobility is part of it and the time has come to go further. We are in the equivalent of the first leg of the internet revolution and we couldn’t be more excited to explore and invest in businesses of the autonomous future.”
Brian AbramsChairman of Ibex, said, “Thinking differently, even revolutionary, about venture capital is what we do best. Mobility is a revolutionary theme. Whole life cycle investing is a revolutionary structure. the most revolutionary of all.”
About Ibex Investors
Ibex Investors is a multi-strategy investment firm targeting outsized returns through differentiated global strategies. Ibex is passionate about reshaping investing and the investor experience. Entrepreneurs will experience a new type of venture capitalist at Ibex who prioritizes relationship building, shares mutual success in achieving goals, and works in tandem to achieve those goals. With about $1.2 billion in assets under management, Ibex prides itself on finding the hidden gems often overlooked by others. Ibex is headquartered in Denver, Colorado with offices in New York and Tel Aviv. For more information, please visit www.ibexinvestors.com.
SOURCE Ibex Investors