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Stock impact report

97212 Ventures Announces $20M Fund Providing Israeli Tech Founders Insider Access to the NYC Tech Ecosystem [Yahoo! Finance]

Kaltura, Inc. (KLTR) 
Company Research Source: Yahoo! Finance
NEW YORK May 10, 2024 /PRNewswire/ -- 97212 Ventures , a NY next-generation VC and day-one partner for Israeli founders, today announced the closing of a 20-million dollar fund aimed at investing in new Israeli pre-seed and seed startups, providing them instant access to a pool of rich New York resources to grow their businesses including key senior advisors, early customers and channel partners, paving the way to US product-market fit and early growth. New York has established itself as a hub for Israeli tech, with 30 Israeli unicorns and 450 startups headquartered in the city. 97212 founder Eyal Bino has played a key role in the creation of this hub, having previously co-founded ICONYC labs, a go-to-market accelerator focused on investing in pre-seed Israeli startups that helped reduce time to access the US market. ICONYC success stories include Connecteam, Dataloop, Leal Health, Duve, SecuriThings, Copyleaks and many more. Israel has unique tech talent and this moment, when se Show less Read more
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