TLDR:
- Israeli tech is exporting innovations created as a result of the war.
- Ibex Investors raised $106 million fund to invest in early-stage Israeli startups.
Israeli tech firm Ibex Investors has recently raised a $106 million fund to invest in early-stage Israeli startups. The firm, led by Founder and Chief Investment Officer Justin Borus, believes that the current situation in Israel is the best it has been in the last 12 years. Despite the ongoing war, Borus sees opportunities for investment in the region.
Investors like Ibex believe that the time to invest is when there is “blood in the streets,” as there is potential for courage and capital to generate significant returns during challenging times. The firm has a strong presence in Israel, having made 40 early and growth stage investments in the country since launching its first fund in 2012.
Borus remains optimistic about Israel’s innovation potential, even amidst conflict and rating downgrades. He believes that the innovations created as a result of the war will be exported globally and have a significant impact on the tech industry. With a focus on early-stage investments, Ibex continues to be bullish on Israel’s entrepreneurial ecosystem.
