
Israel's OTV raises $170m, plans Asia expansion

OTV, an Israeli VC firm focused on digital health, has closed its latest fund at $170 million, opened a China office, and appointed a new head of Asia to spearhead an expansion in the region.
OTV was founded as Olive Tree Ventures in 2015 by Mayer Gniwisch, Amir Lahat and Alejandro Weinstein. It claims to be the only VC firm in Israel dedicated to digital health. The team is built on a range...
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