Wadi Ventures has launched a new micro-seed VC fund focused on Internet and new media startups in Israel. It was initiated by Jonathan Pacifici, General Partner, who has a background of Managing Partner of JP & Partners and consulting to hi tech firms and startups, and Reuven Ulmansky, a veteran of the 8200 technology intelligence unit of the Israeli Defense Force who held a variety of managerial posts in large international and Israeli organizations such as Intel Corporation. The early stage acceleration and investment program will partner with top European investors and industry leaders.
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