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Google launch $4 Mn Fund For Israeli AI Startups

The Israeli Innovation Authority's emergency fund will receive supplementary help from Google, which has announced the establishment of a $4 million support fund for AI-Firms in Israel.

The Israeli Innovation Authority’s emergency fund will receive supplementary help from Google, which has announced the establishment of a $4 million support fund for AI-Firms in Israel.

Read also – Torq Secures $42 Mn in Extension to Series B Funding Round

Created as a fast-track route for firms with limited runway, the fund was established when the war with Hamas broke out. The fund will assist about twenty Israeli entrepreneurs in need of quick finance in order to optimize their success.

Read also – Prompt Security Announce $5Mn Seed Funding

Google will provide the chosen businesses not just financial help but also mentorship and support, giving them access to the company’s specialists in a range of areas, including development, strategy, marketing, and more.

Read also – GDMC Raises US$21 Mn Series A Funding

About Google

Googlers build products that help create opportunities for everyone, whether down the street or across the globe. Google’s mission is to organize the world’s information and make it universally accessible and useful. Google is Committed to significantly improving the lives of as many people as possible

Read also – Israel-based Sequence Secures $5.5m Funding

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