Leading Venture Capitalists Collaborate to Launch Iron Nation Emergency Impact Fund for Israeli Startups Affected by War
TEL AVIV, Israel, Nov. 2, 2023 /PRNewswire/ -- Iron Nation, a volunteer emergency impact fund ensuring the continuity of early-stage Israeli start-ups, today announced its launch. The fund collects no management fee or carried interest and is aiming to raise 20M USD to support post-seed VC-backed startups impacted by the recent attack by Hamas and the ensuing war. This initiative is backed by a team of exceptional volunteers from the venture community including Chemi Peres of Pitango Ventures, Charlie Federman of SilverTech Ventures, Danny Cohen of Viola Ventures, Moshe Lichtman of IGP Capital, Aaron Applbaum of MizMaa, and Calanit Valfer of the Elah Fund who joined the investment committee pro-bono.