About Union Tech Ventures
Union Tech Ventures is a venture capital firm founded in 2011. It is primarily based out of Tel Aviv, Israel. As of Jan 2025, Union Tech Ventures has invested in 13 companies. It primarily invests in Series A round in Israel based startups. Its investments are spread across a wide range of sectors from High Tech to Consumer and Auto Tech. Most recently it participated in the $***** Series C round of Eleos Health Overall, Union Tech Ventures portfolio has seen 1 unicorn and 2 acquisitions, namely Fabric, Dynamic Yield and Gigantic. A lot of funds co-invest with Union Tech Ventures, with names like Viola Group sharing a substantial percentage of its portfolio. Union Tech Ventures has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Union Tech Ventures' List of Top Investments
Union Tech Ventures has a portfolio of 13 companies, one of which is a Unicorn. Their most notable investments are in Tactile Mobility and Dynamic Yield.Their portfolio spans across Israel, United States and Canada. They have invested in High Tech, Consumer, Auto Tech and 12 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Union Tech Ventures:
1. MeMed
MeMed Diagnostics provides machine learning-based diagnostic solutions for infectious diseases. The company's lead product ImmunoXpert, distinguishes between bacterial and viral infections based on the patient’s immune response in-vitro diagnostic test. The company also offers ImmunoPoC, a device for distinguishing between bacterial and viral infections at the point-of-care. The company also provides its immunoassay platform MeMed Key. Its solution also diagnoses infections inaccessible for direct pathogen sampling and avoids false alarms due to the presence of non-pathogenic bacteria and viruses.
Key facts about MeMed
- Founded Year: 2009
- Location: Tirat Carmel (Israel)
- Stage: Series D
- Total Funding till date: $163M
- Employee Count: 97 as on Aug 31, 2026
- Investors: Western Technology Investment, La Maison Partners and 23 Others
- Latest Funding Round: Series D, Jan 10, 2022, $*****
- Highlight: Editors' Pick
2. Eleos Health
AI-based behavioral health diagnosis and management system for providers. The company's technology works as an ambient scribe integrating seamlessly with existing workflows and electronic health records via a browser extension. I simplifies documentation, speeding note submission, and enhancing audit compliance via AI-driven flagging of issues.
Key facts about Eleos Health
- Founded Year: 2019
- Location: Boston (United States)
- Stage: Series C
- Total Funding till date: $126M
- Employee Count: 287 as on Aug 31, 2026
- Investors: F-Prime Capital, Arkin Holdings and 16 Others
- Latest Funding Round: Series C, Jan 22, 2025, $*****
- Highlight: Editors' Pick
3. Addionics
Manufacturer of three-dimensional current collectors designed for advanced battery performance. These collectors facilitate faster charging, lighter weight, and higher conductivity in batteries. The technology is designed for seamless integration into existing battery assembly lines. The current collectors are compatible with traditional coating processes, enabling use with existing and emerging battery chemistries.
Key facts about Addionics
Provider of an AI-based social robot that acts as a companion for the elderly. The robot is a tabletop object with a screen and is equipped with the capability for video chat and voice commands. It can provide proactive commands and entertain the user.
Key facts about Intuition Robotics
- Founded Year: 2015
- Location: Tel Aviv (Israel)
- Stage: Series C
- Total Funding till date: $83M
- Employee Count: 86 as on Aug 31, 2026
- Investors: Western Technology Investment, TransLink Capital and 29 Others
- Latest Funding Round: Venture Debt, Aug 29, 2023, $*****
- Highlight: Editors' Pick
5. Fabric
Provider of AI-based solutions for managing logistics micro-fulfillment operations. It develops automated infrastructure micro-fulfillment centers that enable retailers to build a custom solution based on their inventory level, delivery, and Opex/Capex requirements
Key facts about Fabric
- Founded Year: 2015
- Location: Tel Aviv (Israel)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $336M
- Employee Count: 805 as on Aug 31, 2026
- Investors: La Maison Partners, Princeville Capital and 15 Others
- Latest Funding Round: Series C, Oct 26, 2021, $*****
- Highlight: Editors' Pick
Union Tech Ventures' Year-on-Year Investment Trends
Union Tech Ventures has invested in 13 companies over the last 9 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Eleos Health and most recent follow-on round was in IRP Systems.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 2 | 1 | 3 |
2020 | 5 | 0 | 5 |
2019 | 1 | 0 | 1 |
2018 | 1 | 1 | 2 |
2017 | 1 | 0 | 1 |
Union Tech Ventures' Investments by Stage
Union Tech Ventures has made 4 investments in Series A stage with an average round size of $12.5M, 4 investments in Series B stage with an average round size of $34M, 2 investments in Series C stage with an average round size of $130M and 2 investments in Series D stage with an average round size of $62.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Series B | 4 |
Series C | 2 |
Series D | 2 |
Note: We have considered here, only first round of investments
Union Tech Ventures' Investments by Sector
Union Tech Ventures has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Artificial Intelligence - Industry Applications, Auto Tech and Consumer. Notably, it has invested in 11 Tech companies, 10 Enterprise (B2B) companies, 7 Software companies and at least 7 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 5 |
Enterprise Applications | 4 |
Artificial Intelligence - Industry Applications | 3 |
Auto Tech | 3 |
Consumer | 3 |
Others | 23 |
Note: We have considered here, only first round of investments
Union Tech Ventures' Investments by Geography
Union Tech Ventures has made most investments in Israel (10), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Israel | 10 |
United States | 2 |
Canada | 1 |
Note: We have considered here, only first round of investments
Union Tech Ventures' recent investments
Union Tech Ventures has not made any investment in 2026 so far.Here are the most recent investments by Union Tech Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 22, 2025 | United States | Series C | 6354 | [+6] | |
Jan 10, 2022 | Israel | Series D | 2052 | [+9] | |
Dec 19, 2021 | Israel | Series A | 6257 | [+13] | |
Oct 26, 2021 | Israel | Series C | 7031 | [+7] | |
Apr 28, 2021 | Israel | Series C | 7803 | [+10] |
Unicorns in Union Tech Ventures' Portfolio
Union Tech Ventures has 1 unicorn in its portfolio - Fabric. The most recent unicorn in their portfolio is Fabric which became a unicorn in 2021.Here is a list of unicorns in Union Tech Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Provider of AI-based robots for logistics micro-fulfillment operations | 2015 | Tel Aviv | Series C | znpcqbu |
Acquired companies in Union Tech Ventures' Portfolio
2 companies from Union Tech Ventures' portfolio have been acquired. The most recent acquisition was Gigantic in Jan 2025 by Fankong Global for $*****.Here are Union Tech Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 28, 2025 | Dec 07, 2020 | Series A | 7092 | |
Dec 21, 2021 | Aug 08, 2018 | Series D | 1662 |
Team profile of Union Tech Ventures
Union Tech Ventures has a team of 2 members including 1 Partner and 1 Principal located in Israel. Union Tech Ventures' team does not sit on the board of any company as of now.Co-investors of Union Tech Ventures
Over the past 9 years, 136 investors have co-invested in Union Tech Ventures's portfolio companies. This includes funds and angels.
- Invested before Union Tech Ventures: EIC Fund, Europa and 54 others have invested in rounds before Union Tech Ventures. There are 2 companies where EIC Fund has invested before Union Tech Ventures and 2 companies where Europa has invested before Union Tech Ventures.
- Top Co-investors of Union Tech Ventures: 52 investors entered a company along with Union Tech Ventures. These include investors like Viola Group (2 companies).
- Invested after Union Tech Ventures: A total of 28 investors have invested in Union Tech Ventures's portfolio after their investments. Top Investors include MoreTech Ventures (2 companies), VGames (2 companies) and GM Ventures (1 company).
Recent News related to Union Tech Ventures
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Eleos Raises $60M Series C to Transform Behavioral Health with AI Agentsintelligence360•Feb 06, 2025•Eleos Health, Greenfield Partners, F-Prime Capital, Eight Roads Ventures and 3 others
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Eleos Raises $60M Series C to Transform Behavioral Health with AI AgentsBusiness Wire•Jan 22, 2025•Eleos Health, F-Prime Capital, Eight Roads Ventures, Menlo Ventures and 8 others
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Spot.io founder nets $7 million Seed round to tackle cloud chaos with new startupCTech•Jan 15, 2025•ControlMonkey, Lool Ventures, Joule Ventures, Gaia Ventures and 9 others
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Addionics raises $39M Series B for cost-efficient EV batteriesTech.eu•Jul 25, 2024•Addionics, GM Ventures, Scania, Deep Insight and 8 others
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Addionics closes USD27m Series A round led by Deep InsightPrivate Equity Wire•Jan 25, 2022•Deep Insight, Catalyst Fund, Delek Motors, Novelis and 18 others
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MeMed raises $93 million to translate the immune systemOpenPR•Jan 25, 2022•MeMed, Horizons Ventures, Shavit Capital, Social Capital and 7 others
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Host response tech firm raises $93m in private financing roundMed•Jan 25, 2022•MeMed, Horizons Ventures, Shavit Capital, Social Capital and 7 others
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MeMed raises USD 93 million to decode body’s immune responseKrASIA•Jan 11, 2022•MeMed, Horizons Ventures, COMET Group, Union Tech Ventures and 11 others
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Fabric joins unicorn club with $200 million Series CCTech•Oct 26, 2021•Fabric, Temasek, Koch Disruptive Technologies, Union Tech Ventures and 9 others
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Gigantic raises $7 million to expand online transformation of real world arcade gamesCTech•Dec 07, 2020•Clawee, NFX, Union Tech Ventures
