NoCamels - Israeli Tech & Innovation News on LinkedIn: IIA Unveils New Angel Clubs To Support Early-Stage Startups

Funding Rounds

▤ Summary

Members of Israels high-tech sector are donating shares in their companies to help support the Israeli children caught up in Hamas mass terror attack of October 7, that left 1,200 people murdered, hundreds wounded and more than 100 still in captivity in Gaza. The fund, dubbed Valoo for the Kids, is the initiative of the founders of the Valoo investment firm Adi Weitzhandler and Meir Steigman, and, according to the Israeli media, has so far raised around $20 million in stock donations from shareholders of various companies. We have created a new fund for those who care for children and their needs, financing necessities like mental health treatments, basic needs like housing and food, and even scholarships. We are happy that those who want to donate can make a significant impact and help the children, said Weitzhandler and Steigman. #sharesdonation #israelinnovation #israelitech #fundforchildren #october7th ##supportfund https://lnkd.in/dV--KNNP

$ Funding

$
Amount $242.1K Total raised
□
Date June 18, 2024 Announcement date
◎
Investors - Lead investors
▥
Company https://www.bdo.co.il/ Funded company

▥ Classifications

industries
No industries detected
applications
No applications detected

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

Refresh Inc.
$1M to $5M