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The Israeli intelligence «Mossad» creates Fund for investments in Israeli startups

The Israeli intelligence «Mossad» creates its own Fund to invest in Israeli startups. According to the Marker, the Fund fully formed from the budget «mosada», will not engage in the purchase of shares. Helping startups to get to his feet, under the agreement, Israeli intelligence first will have access to the latest technologies and developments.

According to the Marker, the Fund will start its activities at the end of June.

The publication notes that the investment arm is also in the CIA. Venture Fund In-Q-Tel (IQT) was created in the late 90-ies not for profit, but to gain access to new intelligence technologies.

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The Israeli intelligence «Mossad» creates Fund for investments in Israeli startups 15.06.2017

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