London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier.
It last raised a $250 million fund in 2017 and expects to continue the same investment mix, while tracking developments in emerging areas like healthcare AI and autonomous vehicles.In a conversation with general partner Laurel Bowden, the veteran investor shared a few further thoughts with Extra Crunch talking about the tech scene in Europe vs Israel, what the firm looks for in a team and tips on scaling globally.The interview has been lightly edited for clarity.TechCrunch: Is Europe starting to catch up to Israel when it comes to deep tech startups?Laurel Bowden: We clearly think we have in our portfolio some deep tech.
And in other VC portfolios too theres clearly some deep tech [coming out of Europe].
And then on the reverse side youve seen more consumer-related stuff coming out of Israel.
But still if you take a blanket look, we see more data infrastructure, security, storage coming out of Israel than we see in Europe thats for sure.