M-Fund VC is an Israeli early-stage venture capital fund that backs first-time founders in overlooked sectors. It integrates a VC fund and an angel club (M-Fund Club / Winners Club) into one synergistic platform, led by founder and managing partner Lior Elkan.
Their most common stage is seed (54% of deals). Average disclosed round size is $14.7M (across 13 rounds with reported amounts).
Portfolio
10
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
13 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Fetcherr | Series C | $42M | Sep 2025 |
 Spines | Seed | $6.5M | Jan 2024 |
 Fetcherr | Series B | $12.5M | Jan 2023 |
| Fetcherr | Series B | $12.5M | Jan 2023 |
 Growthspace | Series B | $25M | Aug 2022 |
 Hopper | Seed | $7.6M | Jan 2020 |
 FullEnrich | Seed | $2M | — |
 Hopper Security | Seed | $7.6M | — |
| LLiZo | Seed | $4M | — |
| Llizo.ai | Seed | $4M | — |
 qbiq | Seed | $10M | — |
| Spines | Series A | $16M | — |
| Fetcherr | Series C | $42M | — |
Top Co-Investors
Left Lane Capital4 shared
Battery Ventures4 shared
Zeev Ventures3 shared
New Era Capital Partners2 shared
Sequoia Scout Fund2 shared
Meron Capital2 shared
Salesforce Ventures2 shared
Aleph2 shared
LionTree2 shared
Duro Ventures1 shared
First Degree1 shared
Flex Capital1 shared
Kima Ventures1 shared
Inovia Capital1 shared
Investissement Québec1 shared
WestCap1 shared
Threshold Ventures1 shared
OMERS Ventures1 shared
Vertex Growth Fund1 shared
M121 shared
Last updated: 20 October 2026