An ultra-Orthodox Israeli start-up incubator organization – KamaTech, launched a venture capital fund focused exclusively to entrepreneurs and start-ups from the haredi community in a seasonally appropriate setting – a succa – a temporary hut as a symbolic shelter commemorating the time when the Israelites lived in the wilderness after they were freed from slavery in Egypt.
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Tel Aviv, Israel-based mobile gallery startup Flayvr grabbed $2 million in seed funding from institutional and angel investors to help smartphone users organize their gallery photos for easy viewing and sharing.
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