Wednesday, July 10, 2024

Israel and South Korea have joined forces to launch an $80 million innovation fund

Good news! What a match!

"... It will allocate cash to 25 to 30 leading “Deep Tech” businesses – those involved in complex and lengthy research in the hope of making disruptive advances in technology. These companies typically operate in semiconductors, robotics, automotive, quantum computing, cybersecurity and digital health.

The new fund brings together the best of both countries. Israel is known as the Startup Nation because of its genius at innovation; South Korea, a country with five times the population, is recognized as a place to scale that startup and achieve commercial success. ..."

In push for 'deep tech,' Israel and South korea join forces - ISRAEL21c

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