The American investment and holding company, Ariel Capital, which also operates in Israel, declares its commitment to strengthening the Israeli economy and the future of the south in particular. For this purpose, it is allocating NIS 5 million for immediate investment in startups whose activity is related to the southern region and has been impacted by the security situation or whose founders come from this area.
Since Ariel Capital invests consistently in significant activities in the south through the establishment of the Frontier AgroTech innovation center in partnership with the Ramat HaNegev Regional Council, it was clear that a sense of belonging, mission, and dedication is inherently embedded in the company's values.
Given the situation in the south, a swift decision was made to allocate additional resources to create new job opportunities in this region that has been affected by the conflict.
The innovation center was established with the vision of empowering the development of agricultural technology companies in the region to a global level. Ramat Negev is the largest regional council in Israel, and the activity initiated by Ariel Capital in agricultural desertification is leading in Israel and accordingly has accumulated significant knowledge and research. The center and the entities it works with provide access to leading brands from the food and agriculture industries worldwide and enable participation in business development programs and investment recruitment with broad access to conducting new technological experiments.
Arik Bentov, CEO and founder of Arieli Capital: "As part of the community in Israel, we experience the pain and loss of friends and family. As an organization that believes in the strength of the Israeli community, we are committed to strengthening the Negev region and invite entrepreneurs and startups whose activities are related to the southern region and have been affected by the situation to apply for investment".
Or Haviv, partner and head of the innovation department, adds: "We understand that the economic front is a critical front for Israel's victory and therefore we are mobilizing and bringing the teams, assets, and capabilities of Arieli Capital. Through the allocation of resources, we aim to strengthen the southern technology industry in Israel, which has been severely affected by the war, and to actively participate in creating a better future and economic and social stability in the South and Negev".
The investment will be made from Arieli Capital funds in initiatives that meet the following criteria:
- Those in seed stages up to series A.- Those originating in the south or operating in this area.- Those affected by the security situation.- Those open to investment.
In addition to considering investment in these initiatives, Arieli Capital will assist startups with counseling, guidance, and connections to help companies grow, both domestically and internationally.
Investments will be evaluated based on presented data and will range from a minimum of NIS 250,000 (subject to adequacy review and decision by the company's investment committee). Currently, Arieli Capital's innovation teams continue to operate in Israel and around the world to strengthen international relations and create opportunities for the development of the economy and the national resilience of the Israeli high-tech community.
Arieli Capital is an investment company with a global presence that focuses on active investments in future-generation technology companies. It operates in Israel, the United States, and England, leading innovative processes and partnerships with governments, academic institutions, and commercial entities.