The Trendlines Group, a medtech and agrifood incubator which has operations in Israel, says that it is remaining fully operational despite the ongoing Israel-Iran conflict which escalated over the last week.
The group says that it has “once again smoothly transitioned to remote work — something we’ve done effectively and without disruption several times over the past 20 months”.
None of its team members or those of its portfolio companies have been harmed, and no damage has been done to any of its portfolio companies at this time.
Israel first struck more than 100 major targets in Iran on Friday, including nuclear facilities and missile sites, with Iran retaliating with a wave of missiles overnight, some penetrating the Iron Dome defence system.
Shares in Trendlines closed flat at 3 cents on June 16.
