{
  "id": 5308018,
  "title": "Firm led by first Israeli NBA player Omri Casspi opens new $250 million fund for high-tech startups",
  "url": "https://urgent.news/2026/09/03/firm-led-by-first-israeli-nba-player-omri-casspi-opens-new-250-5308018",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T11:00:34.000Z",
  "source": {
    "name": "Jerusalem Post",
    "slug": "jerusalem-post",
    "url": "https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-907430"
  },
  "original_language": "en",
  "account": "Omri Casspi, Israel's first NBA player, announced on Thursday that his venture capital firm, Swish Ventures, has raised $250 million and reached $800 million in total funding. This new fund will focus on 12 high-tech companies in their early stages, with an average investment of $20 million. Swish Ventures has previously invested in successful companies such as Cognition AI, Applied Compute, EON, and Wonderful, with eight of their 20 investments turning into unicorns. The firm's new focus will be on areas including cybersecurity, technology infrastructure, Physical AI, defense, AI for industrial applications, and government technology. Casspi, the firm's sole managing partner, highlighted the confidence in the founders and the credit they deserve, stating that this new fund is a continuation of their focused strategy to partner with the world's leading entrepreneurs.",
  "summary": "The announcement made by Casspi's firm, Swish Ventures, says that the funding will focus on 12 high-tech startups with an average value of $20 million each.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Forbes",
        "title": "How NBA Journeyman Omri Casspi Built An $800 Million Venture Capital Firm",
        "url": "https://urgent.news/2026/09/03/how-nba-journeyman-omri-casspi-built-an-800-million-venture-capital",
        "published": "2026-09-03T10:30:00.000Z"
      },
      {
        "outlet": "Jerusalem Post Tech & Start-Ups",
        "title": "Firm led by first Israeli NBA player Omri Casspi opens new $250 million fund for high-tech startups",
        "url": "https://urgent.news/2026/09/03/firm-led-by-first-israeli-nba-player-omri-casspi-opens-new-250",
        "published": "2026-09-03T10:36:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}