Swish Ventures, Founded by Omri Casspi, Raises $250 Million for Third Fund

Swish Ventures, a venture capital firm founded by former NBA player Omri Casspi, has closed its third fund at $250 million, bringing its total assets under management to approximately $800 million. The firm plans to invest in about 12 startups, focusing on cybersecurity, artificial intelligence, and infrastructure, primarily targeting seed and Series A rounds. Swish Ventures has previously invested in companies such as Cognition AI and Applied Compute, with its portfolio companies reaching a combined valuation exceeding $60 billion.