Meron Capital has announced the close of its third fund at $70 million and confirmed that operator-turned-investor Gil Shai has joined the firm as Managing Partner.
The firm said the milestone reflects the founders, limited partners, and ecosystem partners who have supported its growth through multiple fund cycles. The announcement also noted that Meron Capital is preparing to increase its focus on serving the next wave of early-stage founders.
Meron Capital is an early-stage venture capital firm that invests in software-driven companies across sectors such as AI, cybersecurity, SaaS infrastructure, DevOps, fintech, and digital health. The firm typically partners with founders at the seed and Series A stages, providing hands-on operational guidance, go-to-market expertise, and access to a broad global network. Its partners are known for their operator backgrounds, which, the firm says, help them work closely with teams as they scale technology and commercial operations.
Over the past several years, Meron Capital has built a portfolio spanning enterprise and deep-tech categories. Notable investments include Orca Security, an AI-powered cloud security platform; Run:ai, which provides orchestration for AI compute infrastructure; and Immunai, a biotech company applying AI to immune system mapping. The firm has also backed fintech and productivity startups such as EquityBee, which enables employees to access financing for stock options, and Explorium, a data intelligence platform for AI-driven decision-making.
Meron Capital has participated in funding rounds for companies like Parametrix, a cloud downtime insurance provider; OneStep, a digital physical therapy platform; and Atly, a community-driven local discovery app. The firm says this portfolio reflects its thesis of supporting founders building software-first solutions with global market potential.
