Lux Capital

🚨 Reasons for Boycotting Lux Capital

Lux Capital is a New York-based American venture capital firm managing over $5 billion in assets, specializing in deep tech and advanced science. Following the events of October 7, 2023, the firm pivoted aggressively toward financing israeli defense technology companies, becoming one of the largest foreign investors in israil's "defense tech" sector. Lux Capital invests directly in companies developing weapons and combat systems used by the genocidal israil state's military, making it a direct financial partner in the ongoing genocide in Gaza.

1. Led a $28 Million Series A in Kela Technologies: In March 2025, Lux Capital led the $28 million Series A funding round for israeli company Kela Technologies, bringing the company's total raised to $39 million. Kela was founded in July 2024 - less than a year after the genocide in Gaza began - by former officers and engineers from israeli military technology units (including Unit 81, MAFAT, and Rafael Advanced Defense Systems). Kela develops a platform for the "rapid integration of commercial technologies into military systems" and works almost exclusively with the israeli defense establishment.Globes: Defense tech co Kela raises $39m (March 2025)WSJ: Silicon Valley Invests in israeli Startups in Bid for U.S. Defense Market (March 2025)
2. Developing the Command-and-Control System for the "Digital Bat" Attack Drone: In July 2026, Kela - backed by Lux Capital funding - won an israeli Ministry of Defense tender to develop the autonomous command-and-control system for the "Digital Bat" attack drone program for the IDF. Under the contract, Kela and eyesAtop will jointly develop the "national platform" for autonomous attack drone management, making Lux Capital-funded technology a direct component of israil's military infrastructure. Kela also won tenders to integrate UAV systems with IDF forces.CTech: israeli startups Kela and eyesAtop to power IDF's autonomous attack drones (July 2026)The Jerusalem Post: israeli defense-tech co Kela teams with Starling on drones (January 2026)
3. Poured a Quarter-Billion Dollars into israil After October 2023: Josh Wolfe, Lux Capital's co-founder, revealed at the Mind the Tech NY 2026 conference that his firm "became very mobilized in israel post-October 7," deploying close to a quarter of a billion dollars into the country, "particularly in the aerospace and defense sectors." Lux Capital also announced a dedicated $200 million investment program to finance israeli defense technology exclusively.The Jerusalem Post: Top financial experts weigh opportunities in israel at JPost conference (June 2026)Aurora israel: Josh Wolfe, cofundador de Lux Capital (October 2025)
4. Investment in israeli Company Tenzai: Lux Capital participated in the $75 million seed round for israeli company Tenzai - the largest seed round in israeli high-tech history - alongside Greylock Partners and Battery Ventures. Tenzai operates in advanced defense technologies.Forbes israel: Tenzai גייסה 75 מיליון דולר (November 2025)
5. Direct Link Between Investing in israel and Profiting from Genocide: According to a Truthout report, Lux Capital - alongside Founders Fund, Andreessen Horowitz, and Sequoia Capital - is among the largest venture capital firms that fund cutting-edge AI weapons development for the Pentagon while simultaneously investing in israeli high-tech firms, thus profiting from the genocide in Gaza. UN Special Rapporteur Francesca Albanese noted that israil's occupation economy "has transformed into an economy of genocide."Truthout: Venture Capitalists Are Using Profits From Genocide to Fund AI-Powered Weapons (February 2026)
6. Alliance with the CIA: Lux Capital invests alongside In-Q-Tel, the venture capital arm of the Central Intelligence Agency, in israeli company Kela. This means israeli military technology funded by Lux Capital is vetted and integrated with the U.S. intelligence apparatus, reinforcing the military-technology alliance between Washington and Tel Aviv.Globes: Defense tech co Kela raises $39m (March 2025)
7. Ideological Promotion of the Occupation: Josh Wolfe, Lux Capital's co-founder, described israil as "the cutting edge of the West" and a "technological and regional hegemon," adding: "This generation in israel will be the greatest generation, because it is under fire and facing existential threats." Wolfe also facilitated a visit by Anduril founder Luckey to israil, where he met with israeli Prime Minister Benjamin Netanyahu. These positions reflect a direct ideological commitment to supporting the israeli settlement project.CTech: "israel is the cutting edge of the West" — Josh Wolfe (May 2026)

🌐 Sources

Official and verifiable sources detailing Lux Capital's involvement with israil:

• WSJ: Silicon Valley Invests in israeli Startups in Bid for U.S. Defense Market — Lux Capital's $28M Series A in Kela (March 2025)
• Globes: Defense tech co Kela raises $39m — Kela founded after Oct 7, Lux Capital led Series A (March 2025)
• CTech: israeli startups Kela and eyesAtop to power IDF's autonomous attack drones (July 2026)
• CTech: "israel is the cutting edge of the West" — Josh Wolfe, Lux Capital (May 2026)
• Truthout: Venture Capitalists Are Using Profits From Genocide to Fund AI-Powered Weapons (February 2026)
• The Jerusalem Post: Top financial experts weigh opportunities in israel at JPost conference — "$250M into the country" (June 2026)
• Aurora israel: Josh Wolfe, cofundador de Lux Capital — $200M defense program (October 2025)

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