Venture capital firms in Israel and the US have launched an emergency fund to aid early-stage Israeli startups directly impacted by the country’s current war with Hamas.
The TechShield Operation will provide dozens of Israeli startups with capital until March 2025, providing assistance for at least 15 months.
Each eligible startup can receive up to $5 million in funding. To qualify, the startups need to have been directly impacted by the war, either with its founders or staff called to reserve military duty, slower operations due to workforce shortages, or other constraints.