Intel Capital has recruited Yair Shoham, formerly of Israel-based venture firm Genesis Partners, and Merav Weinryb, formerly of Pitango Venture Capital, which the corporate venturing unit says "reflects the abundance of innovative businesses and technologies" in Israel.

The corporate venturing unit of US-based chip maker Intel has made two hires for its Israel office today.

Intel Capital has recruited Yair Shoham and Merav Weinryb, who will both be based in Tel Aviv. They join investment director Uri Arazy in the office.

Marcos Battisti, managing director of Western Europe and Israel, said: “The addition of two new members to our Israeli team is an indication of Israel’s abundance of innovative businesses and technologies. Yair and Merav both join…