Adir Capital, Sling Capital announced as winners for state defense-tech venture capital funds

Adir Capital and Sling Capital have been selected as the winners of a tender for state-backed venture capital funds, specializing in advanced defense technologies. This announcement was made jointly by the Defense Ministry and Foreign Ministry, with the Finance Ministry Accountant-General's Division and the Directorate of Defense Research and Development (MAFAT) expressing confidence that the funding will "achieve significant milestones and foster breakthrough capabilities for the defense establishment and the entire Israeli economy."

• Defense Ministry Director-General Maj.-Gen. (res.) Amir Baram stated that these funds represent "a pivotal milestone in realizing the Defense Ministry's strategy to transform Israel's unique ecosystem... into a global leader in the defense-tech industry."
• Accountant-General Michal Abadi-Boiangiu highlighted the initiative as a recognition of the "close and vital collaboration between the Accountant-General's Division and the defense establishment."
• MAFAT chief Brig.-Gen. (res.) Dr. Danny Gold emphasized that this move is a "vital strategic step toward reinforcing Israel's technological superiority."
• Accountant-General Senior Deputy and Finance Division Chief Gil Cohen described the state guarantee as "a strategic engine for the economy," enabling investments in national defense and the development of the defense-technology sector.