Giza has a special program called Ofek which is devoted to very early stage investments. Giza makes relatively small investments (generally up to $500K in the form of a convertible loan) in start-ups at the seed or even pre-seed stage.

The initial investment is usually milestone-based and is intended to bring the company to a significant stage of development. Assuming that the milestone goals have been met and the company still remains a good investment, Giza will then look to lead the first institutional round.

The Ofek Program also encompasses EIR investments, in which Giza brings experienced entrepreneurs and managers in-house in order to create a new business or to take an active part in a venture that lacks leadership.

With Ofek investments, decisions are reached as quickly as possible as Ofek is Giza’s way of acting like an Angel investor. Generally Internet/New Media/Gaming companies are the best candidates for such investments.