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Stock impact report

$20M Fund For Connecting Early-Stage Israeli Startups To New York City [Forbes]

Kaltura, Inc. (KLTR) 
Company Research Source: Forbes
Thousands marched up Fifth Avenue to celebrate the creation of the State of Israel in 1948 and also the 100th birthday of the city of Tel Aviv. (Photo by Hiroko Masuike/Getty Images) New York-based got its digital name by merging the telephone area codes of Israel (972) and New York City (212). As the name implies, the $20 million fund is focused on pre-seed and seed investing in Israeli startups, facilitating their entry into the U.S. market by providing access to a pool of New York resources including key senior advisors and early customers and channel partners. “I wanted to build a fund that provides the best of all worlds to Israeli founders at an early stage,” says 97212 founding partner Eyal Bino. “Fast track them to the U.S. market, help with access to channel partners, establishing their advisory boards, win their first customers.” Over the last decade, New York City has become a hub for Israeli startups, with , innovating in everything tech, from AI to proptech to finte Show less Read more
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