Kela Defense, a new Israeli defense technology startup, has emerged from stealth mode, receiving significant backing from prominent American venture capital firms, including Sequoia Capital and the CIA's venture-capital arm. The company aims to innovate in critical defense systems, leveraging the expertise of its team, which includes veterans from Israel's elite military units. Kela's launch follows a broader trend of American investors increasingly directing funds toward Israeli military tech startups, driven by the belief that these firms will compete for contracts in the U.S. and European defense markets. The startup's introduction coincides with a $35 million Series A funding round for another Israeli firm, Neros, which focuses on domestic supply chain solutions for defense technology. This investment activity is part of a larger movement as venture-capital firms seek to capitalize on the growing demand for advanced military technologies amid ongoing geopolitical tensions.
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After tech firm secures $39 million in funding founder, president says the company aims to sell exclusively to democracies; KELA - Cyber Threat Intelligence leadership says their military and defense experience increased investor confidence *** "Suddenly, investors realized that… https://t.co/w1tGCnHyV6
Congrats to the @DistSpectrum team on the Series A fundraise. Super impressive how fast they are growing, all while solving a pressing technology need for the defense industry. Go team! https://t.co/m4ddWkdmJv