SWA advises LionBird on the formation and successful fund-raising of LionBird I, L.P.

February 11, 2014

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.

The SWA team was led by Jan Wimpfheimer, Managing Partner and head of the firm’s investment funds practice group, assisted by Daniel Baron.