Former Intel VP Sets Up NIS 400M Fund To Invest In High-Tech Startups
September 13, 2017 | Tamir Fishman investment house CEO Eldad Tamir, and former Intel vice president Dedi Perlmutter are launching a new technology-related investment fund worth NIS 400 million ($113 million). The fund, Eucalyptus, is a spinoff of a previous fund started by by both investors in 2015. The original fund was discontinued. The new fund is part of a tender published by the Ministry of Finance and the Israel Securities Authority designed to provide funding to startups. An IPO on the stock exchange is already being considered, with capital to be raised from institutional investors.