Protego Ventures closes debut $125M fund for Israeli defense tech
Israeli defense tech VC Protego Ventures has completed the final close of its debut fund at $125 million. Led by Lital Leshem and Lee Moser, it will invest $5 million to $50 million per company, with Ares Management among its biggest backers at $30 million.
- Fund closed at $125M, below its $150M target
- Invests $5M to $50M per company
- Ares Management committed $30M as an LP
- Second fund planned for Q1 2027
Read next
Business