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Protego Ventures Closes $125m Fund I for Defense Tech

September 30, 2026

2 min read

Key Takeaways

Protego Ventures closes $125m Fund I.
Focus on early-growth defense companies.
Fund invests in Israeli companies with operational performance.
Portfolio includes XTEND, ASIO Technologies, and Prisma Photonics.

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Strategic Implications

This investment may signal growing interest in defense technology startups, particularly those with proven operational performance. The focus on Israeli companies suggests a strategic advantage in the global defense market, which could benefit from the country's experience in real-time operational environments.

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What Happened

Israel's First Dedicated Venture Vehicle Expands Focus

Protego Ventures has closed its first fund at $125 million, establishing Israel’s first dedicated venture vehicle focused on early-growth defense technology companies. The firm invests in Israeli companies that have demonstrated operational performance and are seeking capital and access to international defense markets. With a portfolio that includes XTEND, ASIO Technologies, and Prisma Photonics, Protego positions itself as a bridge between generalist venture capital firms and defense-focused investors. This development was reported by The Jerusalem Post.

Source | Originally Published: September 30, 2026

Companies Mentioned