"The future of business lies in AI-based platforms"

'Our operating model is high-touch," says Gideon Argov, managing partner at New Era. The Israel-US venture capital fund recently announced a $140 million second investment fund and is looking toward a third fund to leverage its latest success. New Era's funds are already valued at more than $500m. Established in 2017 by Argov and Ran Simha, the fund focuses on early-stage investments in Israeli start-ups that use breakthrough technologies, emphasizing artificial intelligence and machine learning."We "We think that Israeli companies should not be sold prematurely. They need to become established outside Israel to realize their full potential and develop a global reach. "It is important that they attain this regardless of whether they become public companies.