About Us
OUR HISTORY
Teuza – a Fairchild Technology Venture Ltd, was one of the first venture capital funds founded in Israel and began it’s operations in 1992 as a public company traded on the Tel Aviv stock exchange. At that time, Teuza raised $22 million in capital.
The company was founded by Nevatim led by Avi Kerbs and Prof. Joseph Gross together with the Fairchild Corp. , Bank Leumi and Dr. Hecht, a philanthropist who served in the past as special consultant to Israel’s prime minister Menachem Begin.
Three people who had a key role in the establishment of the fund and its operations in the early years were Jeffery J. Steiner, Chairman and CEO of the Fairchild Corp., General Harold (“Johnny”) Johnson, Senior VP of Fairchild and Moshe Sanbar, Chairman of Bank Leumi at the time and ex-Governor of the Bank of Israel.
Mr. Steiner and Gen. Johnson’s vast experience, knowledge and love for Israel helped to establish not only the Teuza fund, but also the whole Israeli venture capital industry.
Teuza’s Chairman for many years was Prof. Moshe Arens, Israel’s Former Minister of Defense, Minister of Foreign Affairs and Ambassador to the United States. From its early days until today, it is led by its founder and CEO, Avi Kerbs.
OUR APPROACH
Teuza invests in venture companies in the fields of IT, software, communications, electronics, medical equipment and healthcare in all stages. Teuza’s investments are usually in the range of $500,000-$5 million, sometimes in multiple rounds.
Our main interest is in companies that have breakthrough technologies, thus giving them an ‘unfair advantage’ in their fields, and a chance to become a world leader in their sector.
Through the years, our approach is to involve strategic partners from our broad business network, typically well-known multinational companies that bring added value, with our portfolio companies .
We believe in a ‘hands on’ approach to assist our portfolio companies. For that, we are involved in the ongoing management through Board membership, active participation in setting strategy and tactics, recruitment of key positions, funding, budget decisions, and more. Our rich experience, leading strategic partners and careful investment policy has built Teuza’s successes and record.