INSUBCONTINENT EXCLUSIVE:
London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier
It last raised a $250 million fund in 2017 and expects to continue the same investment mix, while tracking developments in emerging areas
like healthcare AI and autonomous vehicles.In a conversation with general partner Laurel Bowden, the veteran investor shared a few further
thoughts with Extra Crunch — talking about the tech scene in Europe vs Israel, what the firm looks for in a team and tips on scaling
globally.The interview has been lightly edited for clarity. TechCrunch: Is Europe starting to catch up to Israel when it comes to deep tech
startups?Laurel Bowden: We clearly think we have in our portfolio some deep tech
And in other VC portfolios too — there’s clearly some deep tech [coming out of Europe]
And then on the reverse side you’ve seen more consumer-related stuff coming out of Israel
But still if you take a blanket look, we see more data infrastructure, security, storage coming out of Israel than we see in Europe —
