Tata Industries, a division of India’s largest conglomerate, has committed $5m to an Israel-based university venturing fund to help commercialise its research.
Tel Aviv University’s (TAU) technology transfer company, Ramot, will manage the Technology Innovation Momentum fund, which is targeting $20m in size.
The fund will back and develop “commercialization ready” technologies in a wide range of fields, including engineering and exact sciences, environment and clean technology, pharmaceuticals and health care.
Tata operates in seven business sectors: materials, engineering, IT…
