Fusion launches defense-tech fund, offering start-ups up to $2 million in early-stage funding
Detailed summary
The new investment track targets startups developing military, national security and critical infrastructure technologies.
Israeli venture capital fund Fusion has launched a new investment track for defense technology start-ups, offering up to $2 million in initial funding as it looks to back companies developing technologies for military, national security, and critical infrastructure applications.Launched in partnership with Stratos Ventures, the program will provide selected start-ups with investments ranging from $500,000 to $2 million, along with access to defense industry networks and military and government organizations in Israel, the United States, and Europe.The initiative comes as Israel's defense-tech sector continues to attract growing interest from global investors and international defense…
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