Israeli VC Fund Raises $125 Million for Defense Tech Startups
Translated & summarized from Mignews by baba
Israeli venture capital firm Protego Ventures has raised $125 million for its debut fund to invest in Israeli defense technology startups. The fund will focus on companies developing technologies proven in combat, particularly in areas like autonomous systems and AI.
The story in 5 lines · by baba
- Protego Ventures raised $125 million for defense tech investments.
- The fund targets early-stage Israeli startups.
- Investments will focus on technologies proven in combat.
- Key areas include autonomous systems, drones, and AI.
- The firm was founded by an IDF veteran and a fund manager.
Protego Ventures, a venture capital firm based in Herzliya, Israel, has successfully closed its debut fund with $125 million. The fund is dedicated to investing in early-stage Israeli startups that are developing defense technologies proven in combat.
Founded in 2024 by Lital Leshem, a veteran of an IDF intelligence unit, and fund manager Li Moser, Protego Ventures focuses on areas such as autonomous systems, drones, agent artificial intelligence, critical infrastructure monitoring, and navigation in combat environments.
Lital Leshem highlighted that many promising defense companies in Israel emerge directly from real-world operational needs. She explained that continuous feedback from the military allows developers to rapidly refine technologies and create scalable solutions adaptable to evolving demands.
Protego Ventures aims to leverage the expertise of Israeli developers and the practical application of their technologies to further advance the defense sector.
