A delegation of 65 American investors, tech executives and venture capitalists, led by Meetup.com CEO David Siegel, along with managing partners from the investment arms of Bain & Company and Apollo Investments, landed in Israel on Sunday to explore support for the local tech sector during the war.
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Over the next three days, the delegation is scheduled to meet with President Isaac Herzog, Minister Benny Gantz and Economy Minister Nir Barkat. In addition to boardroom discussions, the delegation plans to visit the southern communities near the Gaza Strip to witness the atrocities committed by Hamas terrorists.
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The American investors will explore options in the high-tech sector
(Photo: Shutterstock)
The delegation members will also meet with the families of the kidnapped Israelis and local business figures such as Mellanox founder Eyal Waldman, whose daughter Danielle was murdered in the October 7 terror attack. They will participate in volunteer activities, visit IDF soldiers and support local entrepreneurs and businesses.
"After October 7, we feel businesses in the venture and technology sectors must stand alongside Israel. It means more than just donating but also being present to say that we have always been and will always be here to support Israel's flourishing technological ecosystem. We will invest and continue to stand by the 'Start-Up Nation,'" said Siegel. "The tech community recognizes the heightened need for support now, especially when many Israeli entrepreneurs and their workforce are at the forefront as reservists."
Ron Miasnik, an investor at Bain Capital, added that "in every war, there are multiple fronts, and the delegation participants are here to help deal with the economic disruption of the war. We focus on supporting and assisting in the global reconstruction of Israel's technology industry."