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Venture Capital Needed a Liquidity Layer. Secondaries Created It.
by Fiona Darmon and Merav Weinryb, Managing Partners of Sunvest Capital Partners A continuation of “ How the Secondary Market Is Reshaping the Path to Building Global Technology Companies ” Published January 13, 2026 Private markets have scaled into a multi-trillion-dollar asset class, yet one critical component lagged behind: liquidity. Venture-backed companies now remain private for 12 to 18 years. Capital formation has matured and institutional ownership has deepened, but
Fiona Darmon
Mar 95 min read


How the Secondary Market Is Reshaping the Path to Building Global Technology Companies
by Fiona Darmon and Merav Weinryb, Managing Partners, Sunvest Capital Partners English article published on January 11, 2026 in Medium Technology companies are staying private for longer. As transaction volumes accelerate and demand for interim liquidity rises, secondary transactions now play a central role in how founders and investors build large, globally relevant technology companies on the path to exit. What was once a niche liquidity solution has evolved into a permanen
Fiona Darmon
Jan 155 min read


Israeli startups raised $15.6 billion in 2025 as AI drove bigger, more concentrated bets
Fundraising fell to a decade low in deal count, but AI and cyber attracted unprecedented capital concentration. Sophie Shulman , Meir Orbach 22 December, 2025 Although Israel was at war throughout 2025, culminating in a summer economic shutdown during the Twelve-Day War with Iran, the performance of the local high-tech sector points to a strong year, with trends broadly aligned with developments in the United States. Full list of Israeli high-tech funding rounds in 2025 Full
Fiona Darmon
Dec 24, 20251 min read


Investment in Israeli tech in 2025 is expected to exceed $12 billion
Fiona Darmon, Managing Partner at Sunvest Capital Partners, added at Mind the Tech Berlin 2025: “Investments themselves are becoming more concentrated and precise. More capital, but in a smaller number of deals.” Fiona Darmon, Ctech by Calcalist 10:48, 04.12.25 It is an honor to open the Mind the Tech Berlin 2025 conference by Calcalist and Bank Leumi and to mark 60 years of business partnership between Israel and Germany - a stable and deep partnership based on trust and a
Fiona Darmon
Dec 4, 20252 min read
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