Etgar Challenge Fund

The Challenge Fund - Etgar is a pioneering Israeli venture capital firm established in 1995 as part of the Yozma program to foster the nation's high-tech and life sciences sectors. The fund specialized in early-stage and seed investments in innovative Israeli startups, providing both capital and strategic mentorship. Its portfolio has included significant successes in the healthcare space, such as Given Imaging, Compugen, and V-Wave. Managed by experienced professionals including Joseph Loevy and Dr. Shmuel Cabilly, the fund played a foundational role in the development of the Israeli biotech ecosystem. While the fund is no longer actively making new investments, it remains a landmark entity in the history of Israeli venture capital.