Venture capital fund bringing together Colorado, Israel

The Israel-Colorado Innovation Fund — a fund that partners the country and the state to support Israeli startups looking to make their U.S. headquarters in Colorado — has raised $3.8 million.

The fund has plans to raise $10 million, according to a Form D filed with the Securities and Exchange Commission on Oct. 25.

The newly-founded fund is a partnership between Israeli lawyer Gili Elkin and Innosphere CEO Mike Freeman. The ICI Fund has an adviser in Israel. The fund is supported by Gov. John Hickenlooper and the Israeli Innovation Authority, the latter of which will…