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Israel's Magenta Venture Partners launches tech fund

Reuters  |  JERUSALEM 

(Reuters) - Magenta Venture Partners, a partnership between Japan's & Co and two Israeli venture capitalists, said on Monday it has launched a new fund targeting $100 million to invest in early-stage Israeli tech startups.

The final closing of the Israel-based fund is planned for 2019. It will invest in sectors like mobility, artificial intelligence, and automotives.

Investors in the fund include and

(Reporting by Ari Rabinovitch; Editing by Tova Cohen)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 14 2019. 14:55 IST