SWA advises LionBird on the formation and successful fund-raising of LionBird I, L.P.
SWA advised on the formation and successful fund-raising of LionBird I, L.P., an Israel-based early-stage investment fund focusing on promising startups utilizing technology that brings online tools to meaningfully improve traditional offline industries. The fund disclosed that it expects to partner with 20-25 startups, making initial investments ranging from $200,000 to $750,000 per company, depending on stage. The investments will primarily be made via Round A financings, with select seed and follow-on investments. LionBird recently announced the conclusion of its successful capital raise which exceeded its original projections and the closing of the fund to new investors.