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Pitango manages over $1 billion in committed capital, and is invested in more than 100 companies. Chemi founded and managed the Mofet Israel Technology Fund, a venture capital fund publicly traded on the Tel-Aviv Stock Exchange. Prior to Mofet, he was VP Marketing & Business Development at Decision Systems Israel (DSI), and a Senior Consultant to Israel Aircraft Industries. He also served as a pilot in the Israeli Air Force. He previously served on the boards of publicly traded companies and currently serves on the board of several Pitango portfolio companies. Until 2004 Chemi served as the Chairman of IVA (Israel Venture Association) and continues on its Executive Board. He serves on the boards of the Israeli Ministry of Industry and Trade (MOIT) Seed Fund; Koor Industries (NYSE: KOR); Weitzmann Institute of Science as well as boards of non-for-profit organizations, such as IVN (Israel Venture Network) and MATAN. Chemi holds an MBA and a BSC degrees in Industrial Engineering and Management from Tel-Aviv University. He serves as Board Member of Ramot- commercial arm of the University and is Chairman of the Advisory Board of the Faculty of Management.