$20M Fund For Connecting Early-Stage Israeli Startups To New York City

Image credits to Forbes Magazine Image credits to Forbes Magazine

Exploring the bridge between Israel and New York's innovative ecosystems, 97212 Ventures shines as a pivotal force. Founded by Eyal Bino, the venture is a nod to the synergistic potential of merging the vibrant startup landscape of Israel with the boundless opportunities of New York. With a keen focus on pre-seed and seed-stage Israeli startups, the $20 million fund is not just about financial injections. It stands out for its strategic provision of access to vital resources, which propel its investee companies into the throes of the U.S. market with remarkable velocity.

Digital health, enterprise software, and digital transformation sectors have been primary beneficiaries of 97212's visionary approach. The startups under its wing, like Remepy, Beti, and Ritual, are testament to its commitment to nurturing business ideas that promise to redefine industries. As I delve deeper into Bino's philosophy and the fund's execution, it's clear that their definition of support transcends capital. It's about being in the trenches with founders, ready to face the market's highs and lows side by side.

This model has not only contributed to the growth of 450 Israeli startups in New York but has paved the way for future successes, envisioned by strategic investments and the remarkable agility of Israeli entrepreneurs. Amidst a thriving ecosystem, 97212 Ventures appears to be at the heart of a transformative era, fueled by resilience, innovation, and the strategic foresight of its leadership.

I encourage entrepreneurs and investors interested in the cross-pollination of ideas and opportunities between Israel and the U.S. to explore the detailed works and achievements of 97212 Ventures. It's a beacon for those aspiring to make a mark in the entrepreneurial world, offering a blend of guidance, access, and insight unparalleled in the startup ecosystem.

This post has originally been written by Forbes Magazine on Wed, May 22, 24. Find the original post here at Forbes Magazine
Connie Harrell

Working with investors and entrepreneurs to gain the best ROI possible.

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