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Israel to Back Its Technology Industry Through War, Agency Head Says

(Bloomberg) Israel’s government plans to offer whatever financial support and other assistance is needed to protect the country’s technology startup industry from the impact of the war with Hamas, according to the head of the Israel Innovation Authority. Most Read from BloombergHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtStocks Slip as Traders Push Back on Rate Optimism: Markets WrapHarvard Alumni Rebuke Its Israel Response

Israel to Back Its Technology Industry Through War, Agency Head Says

More Than 80% of Israel Startup Nation Companies Hurting Due to War in Gaza – Report

Start-Up Nation Policy Institute (SNPI) is a non-profit independent think tank, specializing in innovation policy.

Israel's tech hub is a crucial part of its economy. Now, startups could face tougher funding rounds amid the war, experts say.

Tech accounts for 14% of jobs in Israel and generates about one-fifth of the country's $525 billion GDP in 2022.

Some US Tech Investors Pledge Support to Israel Relief Efforts

(Bloomberg) Leadership of the venture capital firm Insight Partners pledged Monday to donate $1 million to humanitarian aid work in the wake of attacks on Israel, adding to a chorus of relief efforts from the US startup world.Most Read from BloombergIsrael Latest: First Round of US Security Aid Is on the WaySchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionStocks Shrug Off Losses After Fedspeak; Oil Climbs: Markets WrapNew Yo