SouthUp Impact Investment Fund

A venture capital fund focused on investing in innovative enterprises in the Gaza Envelope and southern regions of Israel.

Venture Capital Active Sha'ar HaNegev, Israel Est. 2024
Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
0
Rounds' value
total disclosed, rounds participated
Stages
A Round, Pre-Seed, Seed

About

The SouthUp Impact Investment Fund (SIIF), also known as Ofir-SouthUp Ventures, is a venture capital fund established by the SouthUp incubator. Its primary objective is to develop the Gaza Envelope and southern regions of Israel by investing in innovative enterprises that will have a specific and direct impact on the region's economy, as well as on Israel and globally. The fund aims to lead the development of the regional economy and create profits for its investors and SouthUp. It focuses on investing in pre-seed, seed, and A-Series startup companies, emphasizing technological innovation and growth for both incubator companies and those in the Western Negev. The fund's scope is set at $5 million, intending to invest in 25 to 30 startups. SIIF investors include business and high-tech leaders from San Diego and Israel. The fund invests in startups that have received a grant of 75% of their budget from the Israel Innovation Authority, can grow in the region, and can create numerous workplaces and regional economic mobility.

Portfolio · 1

Investment activity

Portfolio by sector

Media & Entertainment Technologies1

Q&A

What is the primary objective of SouthUp Impact Investment Fund?
SouthUp Impact Investment Fund (SIIF) aims to develop the Gaza Envelope and southern regions of Israel by investing in innovative enterprises that will have a specific and direct impact on the regional economy, and on Israel and globally.
What is the target fund size and number of startups SouthUp Impact Investment Fund plans to invest in?
The fund's scope is set at $5 million, with plans to invest in approximately 25 to 30 startups.
What are the key criteria for startups to receive investment from SouthUp Impact Investment Fund?
SouthUp Impact Investment Fund invests in startups that aim to do well, have received a 75% grant from the Israel Innovation Authority, can grow in the region and leverage its ecosystem, and can create numerous workplaces and regional economic mobility.
Who are some of the key individuals on the SouthUp Impact Investment Fund team?
The team includes Ami Appelbaum as Chairman, Gil Shwarsman as CEO.
When was SouthUp Impact Investment Fund founded?
SouthUp Impact Investment Fund was founded in 2021.
What investment stages does SouthUp Impact Investment Fund focus on?
SouthUp Impact Investment Fund focuses on Pre-Seed, Seed, and A Round investment stages.
Can you name a portfolio company of SouthUp Impact Investment Fund?
One portfolio company is The AdBox, which received Seed funding in 2021.
What sector does SouthUp Impact Investment Fund show activity in based on its portfolio?
SouthUp Impact Investment Fund has shown activity in the Media & Entertainment Technologies sector, with one portfolio company in this area.
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