ION Crossover Partners
ION Crossover Partners is the growth equity arm of ION Asset Management, an Israeli investment firm headquartered in Herzliya. The firm manages two growth funds investing in Israeli technology companies and preparing them for an IPO or sale.
Defending war crimes
On October 13, 2023, the CEO of Web Summit, Europe's largest technology conference, posted on social media criticizing Western leaders for failing to condemn Israel's war crimes in Gaza and the genocide carried out by Israeli Occupation Forces. In response, ION Crossover Partners joined a coalition of Israeli venture capital firms issuing a joint statement announcing their boycott of the conference.
We, members of the Israeli high tech community, have made the decision to cancel sponsorship and will not attend the upcoming Web Summit. We cannot, in good conscience, participate in a conference whose leadership blames Israel for war crimes while Hamas terrorists committed one of the worst terror attacks in modern history,
Despite the CEO of Web Summit's statement presenting factual observations within the context of the atrocities (later confirmed by the UN) Israeli venture capitalists demanded unwavering support for their state, which was already engaged in the mass killing of civilians at the time.
Sources:
- ION Asset Management ION Crossover Partners
- Calcalist Google Withdraws from Web Summit; Israeli VCs Unite in Joint Conference Boycott
- UN OHCHR UN Commission finds war crimes and crimes against humanity in Israeli attacks
- X Paddy Cosgrave
Portfolio Companies & Investments
22
Total Investments
15
Active
0
IPO
7
Exited
Amwell
Aqua Security
At-Bay
BlueVine
Cato Networks
Cycode
Eleos Health
Fiverr
Guardio
Guardio
Infinidat
Innovid
Lusha
monday.com
Perimeter 81
Resident
Seeking Alpha
SimilarWeb
Taboola
Twill
Via
WSC Sports