The fund, financed by proceeds from Vast Data's secondary deal, will provide scholarships to underprivileged students at Tel Aviv University, the Open University, and the Technion, N12 reports.
Lior Bakalo (N12) reports that Keren Temura and Vast Data, Israel's highest-valued private startup, are launching a 3 million shekel academic scholarship fund. The fund will support underprivileged students in computer science and artificial intelligence at Tel Aviv University, the Open University, and the Technion. The funding comes from proceeds of Vast Data's secondary deal, which previously donated options to Temura.
- DevelopingIsrael Innovation Authority launches 1 billion shekel fast-track for startups hit by shekel strength
- StrongNew Haredi initiative offers incentives for draft dodgers, sparking controversy
- DevelopingIsraeli Startups Raised $1.5 Billion in July, Led by AI and Cybersecurity Deals
- DevelopingChannel 14: New Israel Fund funnels over 1 million shekels to Arab voter turnout group
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Open-source intake