Tene Growth Capital IV

www.tenecapital.com

Private Equity Fund

Final Closing

Tech Verticals Preferences

Consumer Products, Homeland Security, Industrial Technologies, Plastics, Water Treatment, WaterTech

General Data

Management Company:	Tene Investment Funds
Vintage Year	2017
Current Active Portfolio Companies:	4
Reg. Number:	abCDe

DESCRIPTION

Tene IV is an Israeli Private Equity fund. Tene seeks well-established, export oriented companies with strong existing and dynamic markets plus significant growth potential; a talented management team and competitive technological, product or market advantages.

Related Funds

Fund Name	Fund Capital($m)	Status	Remarks
Tene I	abCDe	Fully invested
Tene II	abCDe	Fully invested
Tene III	abCDe	Fully invested	Cleantech, Midtech, Kibbutz Companies, Late Stage. Fund Capital includes Co-Investment.
Tene GPL	abCDe	Final Closing

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	4 Berkovich St.
City	Tel Aviv
Country	Israel
Zip	6423806

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
Ms. Deborah Ifrah-Assor	Managing Partner

	CAPITAL RAISED

Date

Amount

Jun. 01, 2021

abCDe

Limited Partners	Type	Amount	Remarks
abC Defghij	Institutional Investor	abCDe

Sep. 11, 2017

abCDe

Limited Partners	Type	Amount	Remarks
abC Defghij*	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe

	Acquisitions made by Tene IV

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	N/A	Jul. 06, 2021	abCDe	30% of the company's shares were acquired, but Tene received a majority on the board and 51% of the voting rights. The company received $30m and the rest went to owners Jules and Eddie Trump.
abC Defghij	N/A	Jan. 13, 2021	abCDe
abC Defghij	N/A	Sep. 16, 2019	abCDe	Purchased for NIS 100m, Valuation of NIS 130m.
abC Defghij	N/A	Aug. 29, 2019	abCDe
abC Defghij	N/A	Dec. 01, 2017	abCDe	NIS 34m

Investment Data

Managed Capital	abCDe
Capital Remarks	Originally raised $410m. In 2021 raised additional $156m.

Preferences

Type of Financing	Equity,Leveraged Buy-Outs,Secondary Investments
Stage Preferences	Revenue Growth

SECTOR SEGMENTATION (By Number Of Companies)

Agritech

34%

Consumer-Oriented Software

33%

Enterprise Software & Infrastructure

33%

	PORTFOLIO COMPANIES

Current Portfolio Companies (4)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

GlassesUSA

CO SW

Third Round	20/01/2021	$20m	$20m
Secondary Deal	20/01/2021	$25m	$25m	Purchased shares from existing shareholders.

Huliot

N/A

Buyout	14/08/2018	N/A	N/A	Purchased 50% of the company from Kibbutz Sde Nehemia for $19m (NIS 70m).
Straight Equity	14/08/2018	$13.5m	$13.5m	NIS 50m.

N-Drip

Agri

Second Round

18/11/2021

N/A

$21.5m

Questar

Ent. SW

Third Round	24/12/2019	$12m	$12m	Purchased 46% of the company for $33m from existing shareholders ($12m as direct investment in the company and $21m payment to shareholders).
Secondary Deal	24/12/2019	$21m	$21m	Purchased 46% of the company for $33m from existing shareholders ($12m as direct investment in the company and $21m payment to shareholders).

Current VC Fund Portfolio (1)

Fund Name

Fund Type

Date Announced

Amount

Remarks

FLORA Ventures LP

Venture Capital Fund

19/07/2023

N/A

Last Updated:	abCDe
IVC Number:	abCDe