Launch With GS Interviews Sivan Shamri Dahan in Celebration of Women’s History Month

Deal Announcement: Goldman Sachs' "Launch with GS" ($500 million fund for diverse entrepreneurs and investors), specifically its Opportunities Fund, has invested in Kummer Capital's portfolio company Coomera.

• Sivan Shamri-Dahan, Managing Partner at Kummer Capital, confirmed the investment highlights the strategic emphasis on female leadership within the venture capital sector.

2021 Tech Sector Trends (Israel):

• Israel continues to serve as a global hub for "deep tech" companies, with a specific surge in products driven by artificial intelligence and machine learning.
• The COVID-19 pandemic accelerated digital transformation, benefiting cloud-based and online service providers across cybersecurity, digital health, and HR tech.
• Portfolio Growth Examples:
  • Joy Tunes: An AI and sound technology app for music learning experienced significant growth as lockdowns drove demand for remote education and entertainment.
  • DogSpace: An online therapy platform expanded operations to meet increased consumer demand for mental health support during the pandemic's economic and social stressors.

Diversity and Inclusion Initiatives:

• Women's Founders Forum:
  • Established by Shamri-Dahan five years ago to address the scarcity of women-led startups in the Israeli ecosystem.
  • Structure: Implements a mentorship program connecting women founders with leading venture capital investors and high-tech executives.
  • Metrics: Approximately 45 startups have completed five batches, collectively raising over $200 billion.
  • Current Landscape: Women-led startups currently represent only 8% of successful funding recipients despite a rising trend.
  • Forward-Looking Statement: Shamri targets a 20% increase in women CEOs within the industry within the next five years.
• Power and Diversity:
  • An initiative founded by Israeli venture capital firms to promote diversity within portfolio companies across R&D, management, and operational roles.
  • Focuses on increasing representation for women and specific Israeli minorities, including ultra-Orthodox, Arab, and Ethiopian communities.

Philosophy on International Women's Day:

• Shamri views the holiday as a necessary "artificial mechanism" to maintain global momentum for equality, though the ultimate goal is a future where special commemorative days are no longer required to remind stakeholders of these values.