Profile
Protego Ventures is a venture capital firm based in Herzliya, Israel, co-founded by Lital Leshem and Lee Moser. The firm specializes in defense technology investments, focusing on early-growth companies with proven technologies in the defense sector. The team includes former IDF personnel and experienced fund managers, bringing together a robust network of military and government relationships.
Protego Ventures invests in defense and security technology sectors, including sensors, AI/ML, autonomous systems, drones, and UAVs. The firm typically writes checks between $5 million-$50 million, primarily targeting post-traction startups in Israel and extending its reach into the US and allied defense markets. The firm has raised a $125 million debut fund, with Ares Management as a notable LP.
The firm's portfolio includes XTEND, a company that develops human-guided autonomous systems and went public on the NYSE. Other investments include ASIO, Prisma Photonics, and Rilian, focusing on navigation systems, critical-infrastructure monitoring, and AI for cyber tasks, respectively, demonstrating Protego's focus on technologies with real-world defense applications.
Industry
Protego Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Protego Ventures Fund I
|
Venture Capital (VC)
|
Security
AI
Defense
|
Series B
Late Stage (Series C+)
|
North America
Middle East
|
$10-50 m
|
$125 M
|
September 2026
|
Contacts
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