Aharon Barak's daughter establishes a venture capital fund for mental health, brain and longevity with Sheba
Esther Barak Landes, daughter of former Supreme Court President Aharon Barak, and Adi Ostri Matlon are establishing a new venture capital fund named 'Alma', focusing on mental health, brain health, and longevity. The fund is raising $40 million, with Sheba Medical Center as its strategic partner.
A new venture capital fund named 'Alma', the first of its kind in Israel that is not philanthropic, is in the process of raising $40 million. The fund is being established by Esther Barak Landes, daughter of former Supreme Court President Aharon Barak, and Adi Ostri Matlon. The strategic partner of the fund will be Sheba Medical Center. The fundraising is primarily from Jews in the US, through private capital. The background for establishing the fund is the founders' involvement in rehabilitation and mental health after October 7, and the growing need in this field in Israel and worldwide. The fund will invest in technologies for mental health, suicide prevention, addictions, digital therapies, brain health, dementia, and longevity. Both founders have extensive experience in investment and banking.