TBD VC unveils $35M venture fund to back Israeli deep tech startups

Israeli VC firm TBD has announced a $35m fund to back early-stage deep tech companies, focusing on those working in AI, cloud infrastructure, cybersecurity and software-enabled defence tech.
The fund aims to support about 20 companies with $1m checks and sector-agnostic investments, leading pre-seed rounds with global potential and having a founder-first approach.
The fund’s general partners have over a decade of VC experience and are based in Tel Aviv and New York, while its portfolio will also have access to a global network of 45+ venture partners, including operators from Epic Games and Netflix.
The announcement follows recent high-profile Israeli tech successes, including Wiz’s $32 bna c q u i s i t i o nb y G oo g l e an d N e x t I n s u r an c e^{'} s$ 2.6bn exit, reinforcing the country’s reputation as a hub for innovative tech firms.

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