Greylock IL, an international affiliate of U.S.-based Greylock Partners, is breaking away from the mothership, rebranding as 83North and announcing a new $200 million fund.
With offices in London and in Herzliya, Israel, the fund focuses on investments in Israeli and European startups.
“It became clear to us that the synergy between our European and Israeli activities puts us in a unique position,” said Arnon Dinur, a partner at 83North. “We want to be the go-to address for Israeli entrepreneurs seeking to operate in Europe, and for European entrepreneurs who wish to benefit from our areas of expertise.”
Image: The 83North investment team, from left, Partners Erez Ofer, Yoram Snir, Laurel Bowden, Arnon Dinur 83North
