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A group of venture capital professionals are launching an effort to connect early-stage startups in Israel with investors around the world who are willing to provide them with emergency capital and other resources.
The effort, called Frontline Initiative, is designed to help young startups withstand the financial and business pressures created by the nation’s war with Hamas. The war poses the greatest challenge for early-stage startups, which are critical to the nation’s future, said Roy Glasberg, founder, managing partner and company builder at Tel Aviv-based AnD Ventures.
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