Challenge Partners

www.challenge.co.il

Venture Capital Management Company

Dissolved

General Data

Established	1995
Current Active Portfolio Companies:	15
Reg. Number:	abCDe

DESCRIPTION

The Challenge Funds were Delaware limited partnerships focused on equity investments in Israel-related privately held and publicly traded companies. The funds invested in all spheres of the Israeli economy including the high-tech sector and related areas as well as traditional industries.

Managed Funds

Fund Name	Fund Capital($m)	Status	Remarks
Challenge I	abCDe	Dissolved
Challenge II	abCDe	Dissolved

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	20 Lincoln St., Rubenstein House, 20th Floor
City	Tel Aviv
Country	Israel
Zip	67134

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Dr. Joseph Ciechanover	Founder

Investment Data

Managed Capital

abCDe

SECTOR SEGMENTATION (By Number Of Companies)

Network Infrastructure

40%

Semiconductors

20%

Agritech

10%

Biomed

10%

Digital Health

10%

Enterprise Software & Infrastructure

10%

	PORTFOLIO COMPANIES

Current Portfolio Companies (15)

Company Name	Sector	Invested Fund	Remarks
ASI	Dig. Health	abC Defghij
ASPEN (Non Technology Company)	N/A	abC Defghij
Bagir Group	N/A	abC Defghij
BreezeCOM (now Alvarion)	Network Infra.	abC Defghij
Congruency	Network Infra.	abC Defghij
Elgo Irrigation	Agri	abC Defghij	Holds 10.3% of the company
Imaging Holding II L.P. (Not an Israeli Company)	N/A	abC Defghij
Jacada	Ent. SW	abC Defghij
OnPage	Network Infra.	abC Defghij
Polar Red Estate Ltd. (Non-Technology Company)	N/A	abC Defghij
Polyheal	Biomed	abC Defghij
Sense Networks	Network Infra.	abC Defghij
Taya Communication	N/A	abC Defghij
Tecnomatix	Ent. SW	Challenge I
Tower Semiconductor	Semicon.	Challenge II

Current VC Fund Portfolio (1)

Fund Name		Fund Type	Date Announced
Vertex II		Venture Capital Fund	Jan. 01, 2000

Exits (73)

Company Name	Sector	Exit Type	Date Announced	Amount
abC Defghij	Semicon.	Acquired	02/06/2009	abCDe
abC Defghij	Network Infra.	Acquired	25/10/2007	abCDe
abC Defghij	Network Infra.	Acquired	10/02/2006	abCDe
abC Defghij	Network Infra.	Acquired	11/11/2009	abCDe
abC Defghij	Network Infra.	Merged	06/04/2001	abCDe
abC Defghij	Ent. SW	Holdings Sold		abCDe
abC Defghij	Agri	Acquired	26/11/2006	abCDe
abC Defghij	HW & Indust.	Acquired	03/09/2007	abCDe
abC Defghij	MD	Acquired	01/04/2000	abCDe
abC Defghij	Network Infra.	Acquired	01/01/2004	abCDe
abC Defghij	Network Infra.	Merged	03/06/2002	abCDe
abC Defghij	Network Infra.	Acquired	12/10/2009	abCDe
abC Defghij Other	N/A	Acquired	30/01/2005	abCDe
abC Defghij	Ent. SW	Acquired	15/08/2011	abCDe
abC Defghij	Ent. SW	IPO	13/07/1999	abCDe
abC Defghij	Ent. SW	Acquired	31/05/2006	abCDe
abC Defghij	Biomed	IPO	13/08/2009	abCDe
abC Defghij	Network Infra.	Holdings Sold		abCDe
abC Defghij	HW & Indust.	Acquired	01/09/2007	abCDe
abC Defghij	Network Infra.	Acquired	25/03/2004	abCDe
abC Defghij	Network Infra.	Acquired	05/01/2012	abCDe
abC Defghij	Network Infra.	Acquired	14/06/2020	abCDe
abC Defghij	Ent. SW	Acquired	01/10/2018	abCDe
abC Defghij	Ent. SW	Acquired	02/10/2008	abCDe
abC Defghij	Ent. SW	Acquired	14/12/1999	abCDe
abC Defghij	Network Infra.	Acquired	23/05/2002	abCDe
abC Defghij	Network Infra.	Acquired	27/12/2017	abCDe
abC Defghij	Network Infra.	IPO	10/02/2022	abCDe
abC Defghij	HW & Indust.	Acquired	12/08/2001	abCDe
abC Defghij	Ent. SW	Acquired	01/10/2007	abCDe
abC Defghij	Network Infra.	Acquired	01/05/2007	abCDe
abC Defghij	HW & Indust.	Acquired	01/12/2009	abCDe
abC Defghij	Ent. SW	Acquired	16/10/2008	abCDe
abC Defghij	Network Infra.	Acquired	01/03/2000	abCDe
abC Defghij	Semicon.	Acquired	31/07/2006	abCDe
abC Defghij	MD	Acquired	05/06/2006	abCDe
abC Defghij	MD	Acquired	20/06/2018	abCDe
abC Defghij	Ent. SW	Acquired	14/07/2002	abCDe
abC Defghij	Semicon.	Acquired	27/08/2000	abCDe
abC Defghij	Semicon.	IPO	18/05/2000	abCDe
abC Defghij	Semicon.	IPO	10/04/2000	abCDe
abC Defghij	Network Infra.	IPO	27/09/1996	abCDe
abC Defghij	Ent. SW	Acquired	31/12/2007	abCDe
abC Defghij	MD	Acquired	05/04/2012	abCDe
abC Defghij	MD	IPO	10/04/2000	abCDe
abC Defghij Other	N/A	Holdings Sold		abCDe
abC Defghij	Ent. SW	Acquired	04/12/2017	abCDe
abC Defghij	Ent. SW	Acquired	11/06/2012	abCDe
abC Defghij	Ent. SW	Acquired	22/05/2002	abCDe
abC Defghij	Ent. SW	IPO	10/06/1998	abCDe
abC Defghij	Ent. SW	Acquired	26/02/2003	abCDe
abC Defghij	Network Infra.	Acquired	24/10/2006	abCDe
abC Defghij	Network Infra.	IPO	10/06/2004	abCDe
abC Defghij	Ent. SW	Acquired	19/06/2006	abCDe
abC Defghij	Biomed	IPO	03/03/2010	abCDe
abC Defghij	Network Infra.	Holdings Sold		abCDe
abC Defghij	Network Infra.	Acquired	01/06/1999	abCDe
abC Defghij	Network Infra.	Acquired	01/10/2002	abCDe
abC Defghij	Dig. Health	Acquired	29/04/2005	abCDe
abC Defghij	HW & Indust.	Acquired	11/06/2017	abCDe
abC Defghij	Network Infra.	Acquired	09/01/2012	abCDe
abC Defghij	Network Infra.	Holdings Sold		abCDe
abC Defghij	Biomed	Holdings Sold	17/07/2014	abCDe
abC Defghij	Ent. SW	Acquired	25/10/2006	abCDe
abC Defghij	Network Infra.	Acquired	10/12/1999	abCDe
abC Defghij	Network Infra.	Acquired	05/03/2009	abCDe
abC Defghij	Ent. SW	Acquired	10/06/2014	abCDe
abC Defghij	Ent. SW	IPO	19/09/2000	abCDe
abC Defghij	Network Infra.	Acquired	29/11/2010	abCDe
abC Defghij	Network Infra.	IPO	26/07/2007	abCDe
abC Defghij	Network Infra.	Merged	05/01/2004	abCDe
abC Defghij	MD	Acquired	10/03/2003	abCDe
abC Defghij	Biomed	IPO	20/09/2000	abCDe

Historic Portfolio (7)

Company Name	Company Status	Sector	Invested Fund
Celvibe	Ceased to Operate	Network Infra.	Challenge II
Creo Inc. (not an Israeli company)	Written Off	N/A	Challenge II
DryKor Ltd.	Ceased to Operate	Energy	Challenge II
EarlySense	Ceased to Operate	Dig. Health	Challenge II
IntelliGene Ltd.	Ceased to Operate	Biomed	Challenge I
MedSim	Ceased to Operate	Dig. Health	Challenge I
SmartLight Ltd.	Ceased to Operate	MD	Challenge I

Last Updated:	abCDe
IVC Number:	abCDe