Chemi Peres, Board Member

Chemi Peres is a Board Member in Focal Energy, representing Pitango Venture Capital. 

Mr. Peres is a Managing General Partner and Co-Founder of Pitango Venture Capital, the largest venture capital group in Israel, with over $1.4 Billion under management. Mr. Peres is also Chairman of the board of the Al-Bawader Fund, Israel’s first VC & PE fund focused on the Israeli Minorities’ Sectors.

In 1992 he founded and managed the Mofet Israel Technology Fund, one of Israel’s first VC funds, traded on the Tel Aviv Stock Exchange (TASE).

Mr. Peres gained extensive experience in the high technology Industry in Israel and abroad.  He was an investor and a board member of several publicly traded companies on NASDAQ and NYSE such as Aladdin Knowledge Systems, AudioCodes Technologies, BackWeb Technologies, Koor Industries, Orckit Communications and Voltaire Communications to mention a few. He currently serves on the boards of numerous companies such as Focal Energy, Olive Software, Pythagoras Solar, Radwin and Speedbit among others.

Prior to his Venture Capital activities Mr. Peres was VP Marketing & BD at Decision Systems Israel (DSI), and a senior consultant to Israel Aerospace Industries (IAI).

Mr. Peres holds an MBA degree and a Bachelor of Science degree in Industrial Engineering & Management from Tel Aviv University (TAU). He continues to be involved in TAU, by serving on the Board of Directors of Ramot, the commercial arm of the University, and as Chairman of the Advisory Board of the Faculty of Management.

Mr. Peres also serves on the Board of Governors of the Weizmann Institute of Science, and Bezalel Academy of Arts & Design, Jerusalem. Mr. Peres is a board member at the Friends Association of the Inter-Disciplinary Center (IDC), Herzliya.

Mr. Peres was a co-founder of the Israel Venture Association, IVA (Now known as High Tech Industry Association, HTIA) and served as Chairman of the Board (2003-2004). For 3 years he served as Chairman of the Israel America Chamber of Commerce (2008-2011). Mr. Peres is a board member in additional non-for-profit organizations among them is Matan - Investing in the Community, the Rothschild Caesarea Foundation and the Peres Center for Peace. He is also chairman of both the Israel Hall of Innovation and the Pearls of Wisdom nanotechnology initiative.

Joseph Singer, Board Member

Joseph Singer is a Board Member in Focal Energy, representing Granite Hacarmel Investments Ltd.  

Mr. Singer holds an M.B.A., specializing in Finance and B.A. in Economics & Business Administration, from Bar Ilan University.

In the past, Mr. Singer held several senior positions including External Director - Israel Discount Bank Ltd. (2002-09), Director & Managing Partner - Giza Singer Even Ltd. (2004-08), Director & Managing Partner - Singer Even Ltd. (1992-04),  Head of the Founding Group - Midroog Ltd. and Chairman, Investments Committee & Director – Edmond de Rothschild Mutual Funds Management Ltd.

Currently, Mr. Singer is CEO - Granite Hacarmel Investments Ltd., Chairman of the Board of Directors - Sonol Israel Ltd., Supergas Israel Gas Distribution Company Ltd., Tambour Ltd., GES – Global Environmental Solutions Ltd. and Via Maris Desalination Ltd. and Director - Poalim IBI, Underwriting & Issuing Ltd. and Midroog Ltd.

David Federmann, Board Member

David Federmann is a Board Member in Focal Energy, representing the Federmann group.  

Since 2000, Mr. Federmann has served in various management capacities in the Federmann group. He currently serves as chairman of Freiberger Compound Materials GmbH in Freiberg, Germany and on the board of Directors of Elbit systems, Dan Hotels and BGN Technologies (the Technology Transfer Company of Ben-Gurion University). Mr. Federmann holds a bachelor’s degree in mathematics and philosophy from New York University.

Eytan M. Stibbe, Board Member

Eytan M. Stibbe is a Board Member in Focal Energy, representing Vital Capital Fund.

Mr. Stibbe, the Founding Director of Vital Capital Fund, has been involved in investment in Africa for the past 26 years. Mr. Stibbe studied Mathematics & Computer Science at Bar Ilan University and completed his Masters in Business Administration at the European University, Belgium.

Among his many professional accomplishments, Mr. Stibbe has worked extensively in initiating business and financing ventures worldwide, primarily in developing countries, including many countries in Africa. His vision and leadership have provided for the initiation, implementation and successful completion of high-profile projects and financings throughout this region, with the consistent characteristic being the alignment of tangible humanitarian objectives alongside financial and business interests.

Consequently, Mr. Stibbe’s successes in this regard have become a hallmark of his involvement in any project, financing and investment in which he has been involved and has resulted in real and marked improvements in the quality of life for tens of thousands of people. Mr. Stibbe is one of the founders and is a board member of the Center for African Studies at Ben-Gurion University.

Jay L. Pomrenze, Board Member

Jay L. Pomrenze is a Board Member in Focal Energy, representing Paolim Capital Markets interest.

Mr. Pomrenze is Co-Founder of KCPS and Company. Prior to founding KCPS, Mr. Pomrenze served as Managing Director of Bankers Trust Company and was a member of the firm's Management Committee. Appointed Director of Worldwide Foreign Exchange Activities in 1984 and Director of Trading in 1988, Mr. Pomrenze played a lead role in managing the firm's investment activities. Mr. Pomrenze also managed Bankers Trust’s business activities in Eastern Europe, the Middle East and Africa. Mr. Pomrenze received his B.A. in Chemistry and M.A. in Jewish Philosophy from Yeshiva University. Mr. Pomrenze holds an M.B.A. from New York University