AOL has launched Nautilus, an accelerator targeting Israeli start-ups, which will invest $100,000 in up to 10 start-ups at a time.

US-based Internet company AOL will launch a growth platform in Israel called Nautilus that will invest up to $100,000 a time in up to 10 Israeli start-ups.

Hanan Lashover, chief executive of AOL Israel, said the programme will “give maximum freedom to entrepreneurs” and “grant them access to the tools and connections of a global company.” 

AOL will mentor the startups, chosen from a range of sectors that are connected to its global activities, over the course…