The fund, backed by investors from Pitango, Viola, and Silvertech, has a goal of raising $20 million to ensure early-stage startups can continue to grow during the war with Hamas
The post Venture capitalists launch emergency impact fund for war-affected Israeli startups appeared first on The Times of Israel.

PhaseV says its machine learning platform helps clinical development teams analyze and design studies to speed up drug development

Survey of the sector since the Israel-Hamas war broke out shows more than 70% of startups postponing or canceling orders and projects, others grappling with lack of financing

Grants will be for 100 startups experiencing cash flow difficulties, delays and cancellations with potential investors, and of significant projects due to the war with the Hamas

Capital raised by Israeli companies in the third quarter declines by a moderate 14% compared with the second quarter, but is down 38% year-on-year, IVC-LeumiTechdata shows

Ottopia’s teleoperation software platform allows a human operator to communicate with autonomous vehicles to address unpredictable or unsafe road situations

Investment led by US VC firm CRV to help Legit Security boost sales, R&D and address the cyberthreat posed by AI and large language models in the development of applications

Company has developed a ‘Google Maps' security platform to help businesses protect their software applications from cyber threats

CatAI uses smartphone cameras to track medical data of home patients; has been awarded $75,000 to run pilot with Florida's US Baptist Health

UBQ develops thermoplastic materials from household trash to make products such as trays for McDonald's and automotive parts for Daimler; funding to support Europe, US footprint