Israeli water tech incubator comes home to roost
- From: Vol 11, Issue 3 (March 2010)
- Category: General
- Region: Middle East
- Country: Israel
- Related Companies: AquAgro Fund L.P., Clal Finance, Desalitech, Gaon Agro Industries and Kinrot Ventures
A clean-tech venture fund has taken over the Kinrot water incubator in Israel. It is banking on some lucrative exits.
Israeli venture fund AquAgro Fund LP has acquired water incubator Kinrot Technology Ventures from Canada’s Stern Partners in a share swap deal. Under the agreement, Stern will become a partner in the Tel Aviv-based venture fund.
“The acquisition is part of our long-term strategy to create a deal flow for our fund that focuses on clean-tech investments,” Hillel Milo ...
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