🇮🇱 Israel Oct 29, 2024 · NoCamels Team

Ashdod Port Investing In Startups As Part Of Innovation Strategy

NoCamels Israel Tech
View Channel →
Source ↗ 👁 26 💬 0
The tech incubator operated by Ashdod Port is investing $2 million in three startups as part of its strategy to foster innovation at the site. 



The sum was approved by the port’s board of directors as part of its Corporate Venture Capital (CVC) investment fund, subject to the approval of the Government Companies Authority. 



Since its establishment in 2021, the incubator has supported more than 90 startups in various fields, including operations, logistics, cyber and safety. 



T

Comments (0)

Sign in to join the discussion

More Like This

Unable to pay teachers, PA cuts West Bank students’ classes for fourth year running
The Times of Israel · 1d ago
Latin American Jewish leaders confront antisemitism’s old roots and new forms
The Times of Israel · 2d ago
Set to be US House speaker, Israel supporter Hakeem Jeffries may need to tread carefully
The Times of Israel · 2d ago
Joe Biden in new memoir: Trump should carry the weight of Jan. 6 riots ‘to his grave’
The Times of Israel · 2d ago
Merz says Germany faces historic test as antisemitism becomes ‘omnipresent’
The Times of Israel · 2d ago
Crop of Knesset newcomers brings October 7 traumas, battle scars into halls of power
The Times of Israel · 2d ago