High-Tech Entrepreneurs To Raise $100M For Israeli Orphans

A group of high-tech entrepreneurs has launched a new initiative focused on helping and empowering children who have lost one or both of their parents in the massive terror attack by Hamas terrorists on October 7. 

The goal of the Israeli Children’s Fund (ICF) is to offer the beneficiaries sustained support until early adulthood by committing $100,000 to each child, along with mentorship and support.

The ICF has a fundraising target of $100 million. 

Their hope is that the aid will help the children feel supported as they reintegrate into normal life, find adoptive homes or new legal guardians, all of whom now face additional financial responsibilities.

The organization’s first action will be to meet the financial needs of the guardian families now responsible for the care of these children. 

The ICF was founded by high-tech entrepreneurs such as Amit Rosenzweig, CEO of Ottopia; Michelle Latzer, CEO of Tweed; Tom Livne, CEO of Verbit; and Tomer Levy, CEO of Logz.io. Various venture capitalists such as Eyal Niv, a partner in Pitango, also took part in the creation of the fund. 

All participating companies are volunteering their resources and will serve as virtual mentors and guides, connecting these children to the industry and various opportunities while offering as much support as possible and leveraging the strength of the Israeli high tech industry.

“When we embarked on this project, we had the tragedy and the humanitarian crisis following the brutal Hamas terrorist attack on Saturday, October 7, 2023, firmly in our hearts and minds,” said Rosenzweig.

“These children, now forced into a harsh reality, represent our collective future, and we are committed to doing everything in our power to help them overcome and thrive.”

For more information and donations: https://www.israelichildrensfund.org/