TLDR:
- A new investment club named “Eretz Angels” has been launched to support deep-tech technological ventures in Israel’s northern and southern communities.
- The club aims to breathe new life into struggling areas impacted by Hamas and Hezbollah attacks by providing early-stage support and professional guidance.
In a bid to support and boost technological innovation in Israel’s periphery, a new investment club named “Eretz Angels” has been launched. The club will focus on connecting international investors and markets with deep-tech technological ventures in Israel’s northern and southern communities. Members of the Eretz Angels club will have the opportunity to provide key early-stage support, professional guidance, and investment for initiatives in these regions.
Established amid a lull in the Israeli startup industry, particularly affecting high-tech ventures in their early stages, the Eretz Angels club aims to revitalize struggling areas that are more closely impacted by attacks from Hamas and Hezbollah. The club’s main focus will be on pre-seed and seed investments in technological innovation and entrepreneurship, presenting various opportunities for members to engage in collaborations, partnerships, and strategic investments.
Founded by prominent organizations such as the Kamea Fund, the Kibbutz Industry Association, and the Kinneret Innovation Center, Eretz Angels is managed by experienced venture capitalist Nir Belzer. The club’s unique approach leverages decades of experience, strong ties to Israel’s entrepreneurial community, and significant resources for investing in technology companies owned by entrepreneurs. By bringing together various forces and resources, the Eretz Angels club aims to advance Israeli high-tech in the periphery and support initiatives in regions impacted by conflict.
