Israel Cleantech Ventures (ICV)

A venture capital firm focusing on high-growth, clean technology companies in Israel and globally.

Venture Capital Active Ra'anana, Israel Est. 2006
Last updated 2026-07-20
Portfolio
2
in our dataset
Rounds participated
2
Rounds led
0
Rounds' value
$28.5M
total disclosed, rounds participated
Stages
—

About

Israel Cleantech Ventures (ICV) is a venture capital firm established in 2006, focusing on high-growth, clean technology companies in Israel and globally. The firm manages over $150 million across two funds and has invested in 27 companies as of January 2020. ICV seeks opportunities across diverse cleantech sectors, including clean materials, wastewater treatment, alternative energy generation, energy storage and efficiency, green building, smart grid, process efficiency technologies, and sustainable agriculture. The firm typically takes an active role in its portfolio companies, often serving as the lead investor in financing rounds. ICV partners with entrepreneurs using technology and business model innovation to transform markets in a resource-constrained world. In 2023, Israel Cleantech Ventures rebranded to MoreVC to expand its reach beyond cleantech while maintaining its core values.

Portfolio · 2

novoGi
GI Disease Management
1 round $18.5M committed Latest: 2009-08
Pythagoras Solar
Building-integrated Photovoltaics for Self-powered Buildings
1 round $10.0M committed Latest: 2008-02

Investment activity

Portfolio by sector

Health Tech & Life Sciences1
Energy Tech1

Q&A

What is Israel Cleantech Ventures (ICV)'s primary investment focus?
Israel Cleantech Ventures (ICV) has invested in sectors such as Health Tech & Life Sciences and Energy Tech.
Can you name some of Israel Cleantech Ventures (ICV)'s portfolio companies?
Israel Cleantech Ventures (ICV)'s portfolio includes Pythagoras Solar, which focuses on building-integrated photovoltaics, and novoGi, which is in GI disease management.
What was Israel Cleantech Ventures (ICV)'s investment in Pythagoras Solar?
Israel Cleantech Ventures (ICV) participated in a $10M F Round for Pythagoras Solar in February 2008.
What was Israel Cleantech Ventures (ICV)'s investment in novoGi?
Israel Cleantech Ventures (ICV) participated in an $18.5M A Round for novoGi in August 2009.
What is the typical investment range for Israel Cleantech Ventures (ICV)?
Israel Cleantech Ventures (ICV)'s investment range is between $10M and $18.5M.
When was Israel Cleantech Ventures (ICV) founded?
Israel Cleantech Ventures (ICV) was created in May 2019, according to startupim data.
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Identifiers & details

Founded2006