Samsung is reported to be establishing a new seed accelerator in Israel and planning increased investment activity in the country via its venture capital funds.
South Korea-based electronics conglomerate Samsung is reported in Al-Monitor to be planning to increase its investment activity in Israel, through a new seed accelerator and incubator for technology startups, and via its two venture capital funds, Samsung Catalyst Fund and Samsung Ventures.
The accelerator will be established in Samsung’s existing, local R&D center and managed by Amit Baruch, CEO of Samsung Semiconductor Israel, along with Ruth Adar, director of business development at Samsung Semiconductor Israel R&D Center.
Samsung Ventures has…
