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Tmura - The Israeli Public Service Venture Fund, a foundation with a unique business model, was established in 2002 by leading Israeli venture capital funds to involve the high-tech sector in supporting charitable activities. The model is simple: early-stage companies give Tmura a warrant, convertible (at exit) into a small portion of their equity. If the company succeeds, Tmura sells its shares and donates the proceeds to charities in Israel; the focus is on education and youth-related activities, and the companies can indicate which organizations they want to support.

Peregrine Ventures, as well as several other leading venture capital funds, support Tmura's activities and encourage portfolio companies to make an equity donation to Tmura. For more information, please contact Tmura.