Wire · operational-macro
Protego closes debut $130M fund for Israeli defense tech
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Fusion42 · 29 September 2026 · Fusion42 review
Protego Ventures has closed its debut fund with $125 million committed, aimed at Israeli defense technology startups, marking it as Israel's first and largest dedicated defense tech venture capital firm. This fund targets critical defense and security needs with investments ranging from $5 million to $50 million, backed notably by Ares Management, and signals Israel's growing role as a hub in defense tech venture capital.
This Wire brief sits within Fusion42's coverage of Defense Tech.
◆ ◆ The Wire takeaway
Protego’s debut fund closing shows venture capital is actively reshaping Israeli defense tech funding, opening the market to specialised startups working on critical security needs. You need to engage Israeli defense tech startups now or risk losing early access in a rapidly consolidating market.
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1 source · 29 Sep 2026
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