TLDR:
- Sagi Dagan appointed as senior advisor to Varana Capital’s Chai 10X Fund to boost Israeli tech ecosystem after October 7 attacks
- Dagan brings extensive experience in investment, strategy, and government relations
Varana Capital announced the appointment of Sagi Dagan as senior advisor to the Chai 10X Fund, a resilience fund established to invigorate the Israeli tech ecosystem after the October 7 attacks. Dagan, with his background as the former chief strategist of the Israeli Innovation Authority, will bring his expertise in investing in Israeli VC-backed companies to the fund. The fund’s core objectives include investing in promising Israeli companies, providing strategic help to portfolio companies, and fostering ties with government officials to develop innovative economic solutions for Israel’s tech sector.
Dagan’s experience in corporate development at Rafael Advanced Defense Systems aligns with the fund’s mission to provide substantial value to portfolio companies. His strategic expertise from his time at the National Economic Council at the Prime Minister’s Office will also contribute to the fund’s efforts in propelling Israel’s tech sector forward. Varana Capital’s co-founder expressed confidence in Dagan’s appointment, stating that with his guidance, the fund is poised to exceed its goals and make a significant impact on the Israeli economy.
In his statement, Dagan expressed excitement about joining the Chai 10X Fund, highlighting the potential for powerful synergies to advance Israeli startups and the broader ecosystem. Founded in 2012, Varana Capital focuses on investing in public and private companies worldwide, partnering with visionary leaders to foster global impact.
