Gemini Israel Funds

General Partners Yossi Sela and Adi Pundak-Mintz have jointly led the partnership since the 1990s. Both partners are involved in sourcing, due diligence, and portfolio governance. The firm's committee structure is lean, consistent with its concentrated early-stage strategy.

Gemini's sourcing relies on deep relationships within Israel's technology ecosystem — alumni networks from elite military intelligence units, university research labs, and serial founders from prior portfolio companies. The firm's long tenure in Herzliya gives it access to proprietary early-stage opportunities that newer entrants often miss.

Gemini Israel Funds operates as a standard venture capital firm with limited partners, not a family office. The legal entity 'GEMINI ISRAEL FUNDS IV LTD.' refers to one of its fund vehicles. The firm manages closed-end funds raised from institutional investors.

The firm has historically invested in enterprise software, semiconductor and communications systems, cybersecurity, fintech, and digital health. Early fund vintages concentrated on infrastructure and networking hardware; later vintages broadened into software and applied AI.

Gemini was among the earliest venture backers of Mellanox Technologies, a high-performance interconnect company founded in 1999. NVIDIA acquired Mellanox in 2019 for $6.9 billion, marking one of the largest venture-backed exits in Israeli technology history and a defining return for Gemini's early funds.