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Braun: Iron Nation-Indiana to Create ‘Strategic Bridge’ Between Indiana, Israel
Private partners and Indiana are putting in more than $45 million as the fund targets scale-up Israeli startups with proven products.
- On Monday, Iron Nation and the state of Indiana launched a $60 million initiative connecting Israeli technology companies with Indiana's business, healthcare, and industrial ecosystem.
- Originally founded as an emergency investment vehicle following the Oct 7 attacks, Iron Nation pivoted into an institutional venture capital fund following strong early portfolio performance, including Nvidia's acquisition of illumex last month.
- The initiative totals $60 million, with Indiana investing $15 million and private partners contributing more than $30 million, targeting "scale-up ready" companies with proven products following product-market fit.
- Indiana Governor Mike Braun stated the program creates "a strategic bridge between Indiana and Israel," enabling Israeli companies to establish United States headquarters and engage with local industrial partners.
- Managing Partners Chen Linchevski, Gil Friedlander, and Jason Wolf added that "what began as an urgent response to a moment of crisis has evolved into a long-term investment opportunity driven by innovation, execution, and strong global demand.
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Iron Nation-Indiana to bring Israeli tech startups to Indiana
·Columbus, United States
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Total News Sources19
Leaning Left2Leaning Right4Center11Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
12%
C 65%
R 23%
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