About Spring Ventures
Spring Ventures is a venture capital firm founded in 1999. It is primarily based out of Tel Aviv, Israel. As of May 2024, Spring Ventures has invested in 11 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of Liberty Pixel Overall, Spring Ventures portfolio has seen 2 acquisitions, namely Perimeter 81 and Ember. A lot of funds co-invest with Spring Ventures, with names like WndrCo sharing a substantial percentage of its portfolio. Spring Ventures has team of 8 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series C & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Spring Ventures' List of Top Investments
Spring Ventures has a portfolio of 11 companies. Their most notable investments are in CONTEC and Castor.Their portfolio spans across United States, Israel, South Korea and 2 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 14 other sectors, across stages such as Seed, Series C and 2 more. Here is the list of top investments by Spring Ventures:
1. Twelve Labs
AI-based platform offering video editing solutions. It leverages AI technology to extract time, objects, text in the video, conversation, people, and actions to synthesize information into vectors. It also provides API for creating and editing videos.
Key facts about Twelve Labs
- Founded Year: 2021
- Location: Seattle (United States)
- Stage: Series B
- Total Funding till date: $207M
- Employee Count: 192 as on Jun 30, 2026
- Investors: Intel, Amazon and 29 Others
- Latest Funding Round: Series B, Jul 01, 2026, $*****
- Highlight: Editors' Pick
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2. CONTEC
Operator of a network of ground stations. It offers design, development, and integration services for the ground system in the space. It also offers data analysis and operation for launch vehicles and satellite missions. The offering of the company includes monitoring & control systems. It is used to control and monitor the antenna subsystem, receiver, recording system, and data processing system.
Key facts about CONTEC
- Founded Year: 2015
- Location: Yuseong District (South Korea)
- Stage: Series C
- Total Funding till date: $59.4M
- Employee Count: 429 as on Jun 30, 2026
- Investors: Korea Development Bank Europe, Spring Ventures and 6 Others
- Latest Funding Round: Series C, Jun 10, 2022, $*****
Developer of casual games. It is a casual gaming company focused on engaging games for mobile phones with a mix of classic game mechanics and stunning graphics.
Key facts about Liberty Pixel
- Founded Year: 2024
- Location: Bnei Brak (Israel)
- Stage: Seed
- Total Funding till date: $2.3M
- Employee Count: 5 as on Jun 30, 2026
- Investors: Spring Ventures and Journey Venture
- Latest Funding Round: Seed, Aug 07, 2025, $*****
- Highlight: Editors' Pick
4. BasiGo
Key facts about BasiGo
- Founded Year: 2019
- Location: Nairobi (Kenya)
- Stage: Series A
- Total Funding till date: $41.3M
- Employee Count: 171 as on Jun 30, 2026
- Investors: British International Investment, Proparco and 20 Others
- Latest Funding Round: Series A, Aug 27, 2025, $*****
5. Castor
Provider of cloud-based 3D printing management software. It is an additive manufacturing company that develops 3D printing software for optimizing the manufacturing process. It runs an analysis to determine the 3D printability of end-use parts, estimate 3D printing costs and supplies a financial analysis. It caters to multiple industries, including the automotive, aerospace, medical devices, logistics and transportation industry.
Key facts about Castor
- Founded Year: 2017
- Location: Tel Aviv (Israel)
- Stage: Series A
- Total Funding till date: $5.5M
- Employee Count: 12 as on Jun 30, 2026
- Investors: Florida-Israel Business Accelerator, Evonik and 14 Others
- Latest Funding Round: Series A, 2024, $*****
- Highlight: Editors' Pick
Spring Ventures' Year-on-Year Investment Trends
Spring Ventures has invested in 11 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Liberty Pixel and most recent follow-on round was in Castor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 1 | 1 |
2022 | 5 | 1 | 6 |
2021 | 3 | 0 | 3 |
Spring Ventures' Investments by Stage
Spring Ventures has made 6 investments in Seed stage with an average round size of $4.54M, 2 investments in Series C stage with an average round size of $74.2M, 1 investment in Series B stage with an average round size of $31M and 1 investment in Series D stage with an average round size of $29.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series C | 2 |
Series B | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
Spring Ventures' Investments by Sector
Spring Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Aerospace, Maritime and Defense Tech, Enterprise Infrastructure and FinTech. Notably, it has invested in 11 Tech companies, 8 Enterprise (B2B) companies, 6 Software companies and at least 4 companies focusing on Saas.Sector | No. of Investments |
|---|---|
High Tech | 5 |
Enterprise Applications | 4 |
Aerospace, Maritime and Defense Tech | 2 |
Enterprise Infrastructure | 2 |
FinTech | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Spring Ventures' Investments by Geography
Spring Ventures has made most investments in United States (4), followed by Israel where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 4 |
Israel | 3 |
South Korea | 2 |
Kenya | 1 |
Note: We have considered here, only first round of investments
Spring Ventures' recent investments
Spring Ventures has not made any investment in 2026 so far.Here are the most recent investments by Spring Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 02, 2024 | Israel | Seed | 5520 | ||
May 16, 2023 | Israel | Seed | 9214 | ||
Dec 05, 2022 | United States | Seed | 8722 | [+5] | |
Jun 10, 2022 | South Korea | Series C | 5548 | ||
Jun 06, 2022 | United States | Series C | 4740 | [+4] |
Acquired companies in Spring Ventures' Portfolio
2 companies from Spring Ventures' portfolio have been acquired. The most recent acquisition was Ember in Aug 2025 by Starling Bank for $*****.Here are Spring Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 19, 2025 | Feb 22, 2021 | Seed | 7942 | |
Aug 10, 2023 | Jun 06, 2022 | Series C | 3860 |
Team profile of Spring Ventures
Spring Ventures has a team of 8 members including 6 Partners and 1 Principal located in United States, China and 1 more location. Spring Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Spring Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | ||
Partner | Israel | - | - | |
Partner | Shanghai | - | - | |
Partner | San Francisco | - | - | |
Principal | New York City | - | - |
Co-investors of Spring Ventures
Over the past 14 years, 98 investors have co-invested in Spring Ventures's portfolio companies. This includes funds and angels.
- Invested before Spring Ventures: Index Ventures, Radical Ventures and 29 others have invested in rounds before Spring Ventures. There is 1 company where Index Ventures has invested before Spring Ventures and 1 company where Radical Ventures has invested before Spring Ventures.
- Top Co-investors of Spring Ventures: 25 investors entered a company along with Spring Ventures. These include investors like WndrCo (1 company).
- Invested after Spring Ventures: A total of 42 investors have invested in Spring Ventures's portfolio after their investments. Top Investors include New Enterprise Associates (1 company), NVentures (1 company) and Korea Investment Holdings (1 company).
Recent News related to Spring Ventures
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Liberty Pixel Raises $1M in Pre-Seed FundingFinSMEs•May 02, 2024•Liberty Pixel, Spring Ventures, Journey Venture
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Hack2Skill Secures $1 Mn Debt and Equity FundingViestories•Mar 06, 2024•Hack2skill, Spring Ventures, Recur Club, String Ventures and 1 other
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Asahi Kasei to invest in 3D-printing startup Castor TechnologiesChemengonline•May 18, 2023•Asahi Kasei, Castor, Asahi Kasei Engineering Plastics, Xerox Ventures and 4 others
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Video search SaaS platform "Twelve Labs" received $12 million in additional seed round financing, led by Radical VenturesCui Niuhui•Dec 06, 2022•Twelve Labs, Radical Ventures, Index Ventures, WndrCo and 1 other
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BasiGo Receives $1 Million Investment from Mobility 54 Investment SASKenyan Wall Street•Nov 15, 2022•Mobility 54, Toyota Tsusho, BasiGo, Novastar Ventures and 5 others
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South Korean ground station operator Contec raises Series C round for global expansionSpaceNews•Jun 15, 2022•CONTEC, Spring Ventures, Korea Investment Holdings, Korea Development Bank Europe and 1 other
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Israeli CyberSecurity Firm Perimeter 81 Valued at $1BPYMNTS.com•Jun 06, 2022•Perimeter 81, B Capital, B Capital Group, Insight Partners and 4 others
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EV startup BasiGo flags off first electric buses in KenyaAfrica Business Communities•Mar 10, 2022•BasiGo, Novastar Ventures, Moxxie Ventures, Nimble Partners and 3 others
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CASTOR secures $3.5 million to foster the development of its Additive Manufacturing software3Dadept•Aug 16, 2021•Castor, Chartered Group, Tau Ventures, Spring Ventures and 5 others
