HIVE 2040

An Israeli publicly traded investment partnership focused on research and development in smart economy and public safety technologies.

Venture Capital Active Kfar Saba, Israel Est. 2021
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Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
1
Rounds' value
$5.0M
total disclosed, rounds participated
Stages
B Round, A Round

About

HIVE 2040 is an Israeli publicly traded investment partnership that serves as the R&D investment arm of the Avnon Group. It focuses on early-stage Israeli startups specializing in cybersecurity, smart cities, and homeland security. The partnership was established on January 27, 2021, and raised NIS 32 million (approximately $9 million) in its June 2021 IPO.

Portfolio · 1

IXDen
AI Platform for OT Failures Prediction & Cybersecurity
Led ★ 1 round $5.0M committed Latest: 2021-06

Investment activity

Portfolio by sector

Cyber Security2
Aerospace, Defense & HLS1

Q&A

What is HIVE 2040's primary investment focus?
HIVE 2040 focuses on Series A-B rounds, typically investing $2.5M-$4M, in startups developing products in the smart economy and public safety arenas with rapid growth potential towards IPO or M&A.
Which sectors does HIVE 2040 primarily invest in?
HIVE 2040 shows a concentration in Cyber Security and Aerospace, Defense & HLS sectors, with two portfolio companies in Cyber Security and one in Aerospace, Defense & HLS.
Can you name some notable portfolio companies of HIVE 2040?
Notable portfolio companies include IXDen, an AI platform for OT failures prediction and cybersecurity, and NanoLock Security, which provides device-level, zero-trust OT cybersecurity solutions.
Who are the Co-CEOs of HIVE 2040?
Aviad Grinfeld and Avi Kochva serve as the Co-CEOs of HIVE 2040.
When was HIVE 2040 founded?
HIVE 2040 was founded in 2020.
What is HIVE 2040's investment stage preference?
HIVE 2040 primarily invests in Series A and Series B rounds.
What was HIVE 2040's most recent investment activity?
HIVE 2040 made an investment in February 2022, following two investments in June 2021.
Who founded HIVE 2040?
HIVE 2040 was established by Avnon Group and Meitav Dash, with Tomer Avnon listed as a founder and President at Avnon Group.
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