Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Fast Forward

Mossad Wants In On Newest Technology, Launches Fund For High-tech Startups

Israel’s intelligence agency, the Mossad, is launching an investment fund to support high-tech startups and capitalize on emerging technology, Haaretz reported reported earlier this month.

The fund, called Libertad, will invest in firms in exchange for the rights to use the products and technology it develops. The agency plans to start investing later this month, according to Haaretz.

Libertad will fund research and development in fields such as robotics, energy and encryption, according to its website. It can provide as much as 2 million shekels, or about $570,000, for a period of up to two years for most projects.

Other countries’ intelligence agencies have also invested in technology startups — in the United States, the CIA has funded In-Q-Tel, a non-profit venture capital firm, since 1999.

Contact Erica Snow at [email protected] or on Twitter @ericasnoww.

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.

Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.

—  Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.