The Israeli Public Service Venture Fund, Tmura, founded in 2002, is Israel's most successful venture fund with the best returns. It has a portfolio of option grants from over 900 companies and since its inception has raised over NIA 100.000.000 for education and other youth-related initiatives.
Amid the economic and social challenges arising from the war with Hamas, Tmura managed to channel funds from the Israeli technology ecosystem to support youth, soldiers and victims of the conflict.
Tmura has generated millions of dollars in grants by donating stock options to startups, such as BioCatch, a cybersecurity company that donated stock options to Tmura in 2015.
From that donation, what happened is that when the British firm Permira acquired a majority stake in 2024 for $1.300 billion, Tmura got $1.3 million from that transaction.
The funds raised have allowed us to finance key initiatives such as HaGal Sheli, a surf therapy program for at-risk youth and people with PTSD, Shakuf Album, which helps Israeli soldiers process their combat experiences, and SAHI, which works with young people evacuated after the conflict.