London and Tel Aviv primarily based VC agency 83North has closed out its fifth fund at $300 million, as we reported earlier. It final raised a $250 million fund in 2017 and expects to proceed the identical funding combine, whereas monitoring developments in rising areas like healthcare AI and autonomous automobiles.
In a dialog with normal accomplice Laurel Bowden, the veteran investor shared just a few additional ideas with Extra Crunch — speaking concerning the tech scene in Europe vs Israel, what the agency seems to be for in a group and tips about scaling globally.
The interview has been frivolously edited for readability.
TechCrunch: Is Europe beginning to catch as much as Israel in terms of deep tech startups?
Laurel Bowden: We clearly suppose we have now in our portfolio some deep tech. And in different VC portfolios too — there’s clearly some deep tech [coming out of Europe]. After which on the reverse aspect you’ve seen extra consumer-related stuff popping out of Israel. However nonetheless should you take a blanket look, we see extra knowledge infrastructure, safety, storage popping out of Israel than we see in Europe — that’s for positive.