Accelerator for Israeli Startups in Los Angeles Raises $5 Million
The program offers free office space near the beach in Santa Monica, subsidized housing, and a $20,000 investment in return for equity
Fusion LA, an accelerator in the Los Angeles area that a runs an entrepreneurship program for startups from Israel, announced a $5 million investment from Israeli private investors in a statement Tuesday.
For daily updates, subscribe to our newsletter by clicking here.Founded earlier this year, Fusion LA hosted its first six startups for a four-month-long program that concluded earlier this month. The accelerator is currently accepting applications for its next batch, which will start in February.