Technion seed - a new "seed" incubator from the Technion and 4 VCs
Submitted by ron on October 23, 2007 - 08:40
The Technion Seed is the new incubator from the Technion institute (Haifa). The incubator is actually a partnership of 4 VCs (Vertax, Buttery Ventures, Vitalife and Proseed), who'll invest directly in the companies. They will invest in up to 5 companies each year (with no 500K$ limit investment like most incubators).
They are looking for high-risk and high-rewards companies - a huge market, promising technology and innovation. They want to invest in Internet, ICT, Medical devices and 'new-materials' companies.
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