Israel launches fund to entice institutional investment in tech firms

April 23, 2024

Israel’s government has launched a new fund called Yozma 2.0 to encourage institutional investors to boost investments in high-tech companies.
The tech sector is a key driver of Israel’s economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income.
The Yozma 2.0 fund is a significant initiative by the government of Israel to boost institutional investment in the country’s tech sector. By providing returns, the fund aims to create a more diverse funding environment for Israel’s startups.