Singulariteam

Moshe Hogeg, a serial Israeli entrepreneur, founded SingulariTeam in 2012. He built the firm to concentrate capital from wealthy backers, most notably Kazakh investor Kenges Rakishev, into early-stage technology companies pursuing transformational narratives — blockchain, space, robotics, and hardware-heavy AI rather than capital-light software. The firm became known for leading high-profile rounds and actively steering portfolio companies.

Sirin Labs was the defining portfolio company. The Swiss-Israeli venture raised $158 million via an ICO in 2017 to build a blockchain smartphone, one of the largest token sales of its era. Singulariteam also backed Lumus, a developer of transparent optical displays for augmented reality, and AIR, a developer of electric vertical-takeoff-and-landing vehicles for consumer use.

No new investment activity has been publicly recorded since November 2021, when founder Moshe Hogeg was arrested by Israeli authorities on suspicion of cryptocurrency fraud and placed under house arrest. The legal proceedings effectively halted the firm's operations. As of mid-2026, no formal wind-down or liquidation of the vehicle has been announced, but the firm is dormant as an investment platform.

Singulariteam operated a hybrid model blending personal capital, co-investor syndicate raises from Eurasian ultra-high-net-worth individuals, and proceeds from public crypto markets via ICOs. This structure allowed it to write concentrated checks into capital-intensive hardware and deep-tech ventures, something many fee-based Israeli venture funds avoided. However, it also concentrated key-person risk — the platform was inseparable from Moshe Hogeg's network and deal-sourcing ability.

The portfolio's fate is not fully public. Some companies, like Lumus, had established independent management and continued operations. Others, most visibly Sirin Labs, struggled after the ICO market collapsed. Singulariteam itself ceased new investment activity and made no public statements about portfolio management, winding down, or successor leadership for the firm's holdings.