Champel Capital Hosts Israeli Technology Event in NYC

Champel Capital, an ambitious and growing Israeli venture capital investment management firm, held an event recently in New York City discussing various Israeli early-stage technology investments. Gilad Erdan, Israeli Ambassador to the United Nations and keynote speaker at the event, spoke about how Israel is a differentiated landscape for innovation and how it has transformed into one of the most robust regions for venture investing globally.

During his presentation, Amir Weitmann, Managing Partner at Champel Capital, touched on multiple Israeli businesses that are changing the world, including food tech and traffic efficiency.

Entrepreneurs Arié Benguigui and Amir Weitmann launched their venture capital firm Champel Capital in 2017 and have since invested in seventeen companies.

“Israel is a ‘startup nation,’ with unprecedented opportunities for investing, growing companies, and building wealth,” said Ambassador Erdan. “Prosperity and capital growth is part of Israel’s DNA with abundant opportunities for innovation and wealth building.”

Israel has recently produced some of the world’s leading tech companies. According to the United States-Israel Business Alliance, a record 26 Israeli-founded unicorns now have their global or U.S. headquarters in New York City.

Outside of Tel Aviv, New York continues to be the city with the most Israeli-founded tech unicorns in the world. All 26 tech companies are concentrated in Manhattan.

Weitmann said, “It’s all about creating financial and social value. The funds that we invest in the Israel VC space provide many opportunities for innovation and substantial long-term impact on business and society.”  

He continued, “It was a pleasure to welcome Ambassador Erdan to the forum to provide his perspective on how the growth of the Israeli tech sector contributes to the prosperity and future trajectory of the investment industry.”