Fusion Raises $20M Pre-Seed Fund For Israeli Startups
Summary
The fund is backed by industry leaders, including global software investor Insight Partners, Gigi Levy-Weiss, Liad Agmon and Ofer Ben-Noon, among 70 other serial entrepreneurs and venture capitalists from Israel and the US. The fund’s special advisors include Daniel Shinar, Michael Ronen, Perry Wallack, Hagi Schwartz, Hemi Zucker, Clancey Stahr and Shani Zanescu. Its platform supports entrepreneurs targeting the American market- with California offices, as well as direct access and introductions to future investors, mentors, advisors and potential clients. After completing the accelerator program, founders join Fusion’s alumni network which provides a broad platform of ongoing workshops and forums covering fundraising, management of a company/board in later stages, hiring, sales and partnerships. The program’s alumni network includes over 200 founders, who use supportive forums to share their dilemmas, lessons, and tools for leading a startup in uncertain times, overcoming obstacles and dealing with stress and anxiety.