DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / ICI Fund II
ICI Fund II
Government-backed venture investor · probableFort Collins, COici.fundSEC exempt reporting adviseremerging manager
name or self-description says a public body
Importance
11
low
Active deployment
25
moderate
Emerging
64
high
Completeness
63
high
Freshness
100
high
Research priority
24
moderate
Identity and regulatory footprint
- Headquarters
- Fort Collins, COadviserinfo.sec.gov
- Office address
- 320 E VINE DRIVE, Fort Collins, CO, 80524adviserinfo.sec.gov
- Business phone
- 9.72507E+11adviserinfo.sec.gov
- Website
- https://www.ici.fund/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 29, 2024
- Private funds reported
- 2 (2 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $22.3Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 9.72507E+11adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- ai, climate, deep tech, hardware, robotics, cybersecurity, data infrastructure, industrial, agtech
- Stages
- seed, early
- Geography
- colorado, denver, global, globally, israel, united states, worldwide
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- government
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
2 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| ICI Fund II, L.P. | Fund | 2023 form d first sale | Active deployment | $10.2M Mar 29, 2024 | 31 | $12.5M of $50.0M | Jan 12, 2024 |
| Israel - Colorado Innovation Fund I, L.P. | Fund | 2017 form d first sale | Harvest | $12.2M Mar 29, 2024 | 20 | $3.8M of $10.0M | Oct 25, 2017 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
69 current, 0 departed
Ben Guiot
Board or advisoryIndustry Advisor, ICI Fund
Bob Lembke
Board or advisoryAdvisor, ICI Fund
Brad Hawkins
Board or advisoryAdvisor, ICI Fund
Carl Stern
Board or advisoryAdvisor, ICI Fund
David Jacques Farahi
Board or advisoryIndustry Advisor, ICI Fund
David Kamien
Board or advisoryEntrepreneur Advisor
Doug Schneider
Board or advisoryExecutive Advisor
Dr. Marilyn Carol
Board or advisoryAdvisor, ICI Fund
Gary Kushner
Board or advisoryIndustry Advisor, ICI Fund
Heath Cardie
Board or advisoryAdvisor, ICI Fund
Michael Tarnoff
Board or advisoryAdvisor, ICI Fund
Nestor Guzman
Board or advisoryAdvisor, ICI Fund
Ofer Bavly
Board or advisoryDiplomatic Advisor, ICI Fund
Pat Meyers
Board or advisoryAdvisor, ICI Fund
Paul Levitan
Board or advisoryEntrepreneur Advisor
Robert Weaver
Board or advisoryAdvisor, ICI Fund
Ty Sagalow
Board or advisoryIndustry Advisor, ICI Fund
Warren Andres
Board or advisoryIndustry Advisor
Yvonne Forest
Board or advisoryIndustry Advisor, ICI Fund
Ari Goldfarb
Founder or executiveCEO and co-founder, Kando
Avishai Shoham
Founder or executiveCEO and co-founder, Alta Grid
Ayelet Biger-Levin
Founder or executiveCEO and founder, Rangers.ai
Benny Getz
Founder or executiveCTO and co-founder, Predicta Med
Dor Spitzer
Founder or executiveCPO and co-founder, Alta Grid
Eldar Azar
Founder or executiveCEO and co-founder, DeepBrief
Erez Dror
Founder or executiveCEO and co-founder, Genda
Eyal Wohlgemuth
Founder or executiveCTO and co-founder, Novalink
Gabriel Nakache
Founder or executiveCMO and co-founder, WhyOSA
Ido Glanz
Founder or executiveCTO and co-founder, Pelles.ai
Inna Tokarev Sela
Founder or executiveCEO and founder, illumex
Itay Nourian
Founder or executiveCEO and co-founder, Insignito
Itay Shtechman
Founder or executiveCTO and co-founder, Buzzy
Karny Ilan
Founder or executiveCEO and co-founder, Feminai
Marcelo Garmizo
Founder or executiveCTO and co-founder, Oak
Meital Segev
Founder or executiveCEO and co-founder, Biostream
Naama Mashiach
Founder or executiveCEO and co-founder, Buzzy
Nimrod Gazit
Founder or executiveCEO and co-founder, NanoTherma
Noam Weisman
Founder or executiveCTO and co-founder, PLC
Ran Manevich
Founder or executiveCEO and co-founder, WhyOSA
Roi Levi
Founder or executiveCTO and co-founder, NanoTherma
Shahar Levi
Founder or executiveCTO and co-founder, WhyOSA
Shai Levy
Founder or executiveCTO and co-founder, Genda
Shani Klein
Founder or executiveCTO and co-founder, Feminai
Sharon Ayalon
Founder or executiveCEO and co-founder, UrbanMix
Shir Kashi
Founder or executiveCEO and founder, Reborn Medical
Shlomit Steinberg-Koch
Founder or executiveCEO and co-founder, Predicta Med
Uri Oron
Founder or executiveCEO and co-founder, Novalink
Yael Meretyk Hanan
Founder or executiveCEO and co-founder, Pelles.ai
Yarden Eilat
Founder or executiveCTO and co-founder, Insignito
Yoad Cohen
Founder or executiveCTO and co-founder, DeepBrief
Yochai Pagi
Founder or executiveCEO and co-founder, Maverick
Yossi Hemain
Founder or executiveCEO and co-founder, Oak
Zohar Kantor
Founder or executiveCEO and co-founder, PLC
Gili Elkin
Managing partnerManaging Partner, ICI Fund
Accessibility Statemnet
OtherPortfolio
Matan Weksler
OtherFounders of Portfolio Companies
Gili Elkin
PartnerManager And Member · since Dec 1, 2022
Tim Jones
PartnerPartner, ICI Fund
Yaron Wolfsthal
PartnerPartner, ICI Fund
Alex Dehtar
Platform and operationsCOO and co-founder, Biostream
Eyal Kulik
Platform and operationsCOO and co-founder, Genda
Gal Yanuka
Platform and operationsCOO and co-founder, Feminai
Naama Sasi
Platform and operationsVP Operation & Data Systems, Oak
Nofar Nof-Agam
Platform and operationsCOO and co-founder, Pelles.ai
Zohar Scheinin
Platform and operationsCOO and co-founder, Kando
Aviv Nizri
PrincipalPrincipal, ICI Fund
Mark Zitter
Venture partnerVenture Partner, ICI Fund
Omer Granot
Venture partnerVenture Partner, ICI Fund
Dor Ruf
Vice presidentVP R&D and co-founder, Insignito
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
4 dated events
- Sep 14, 2026ICI Fund II: MICRO_VC -> GOVERNMENT_VENTURE (name or self-description says a public body)Classification changedClassificationInferenceno URL
- Mar 29, 2024Israel - Colorado Innovation Fund I, L.P. first reported on Form ADV by ICI Fund II (Venture Capital Fund), GAV $12,152,534Fund first reported on Form ADVFundsFactIsrael - Colorado Innovation Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 23, 2023ICI Fund II first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 23, 2023ICI Fund II, L.P. first reported on Form ADV by ICI Fund II (Venture Capital Fund), GAV $9,449,720Fund first reported on Form ADVFundsFactICI Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 14, 2026Government-backed venture investor (probable, 80%, cls-1)name or self-description says a public body
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $22.3M across 2 vehicles
Evidence
31 observations from 2 sources