October 27, 2015 | The technology-transfer company of Hebrew University, Yissum, has established Agrinnovation, an investment fund focused on agricultural innovations. The first round of funding closed at $4 million, led by the Victor Smorgon Group from Australia. Other investors include Yissum and the Provident Fund of the Employees of the Hebrew University of Jerusalem. In the upcoming days, a group of Chinese-Israeli investors will also join the fund, which is expected to raise a total of up to U.S. $6 million. Led by Dr. Ido Schechter, the fund will invest in advanced agtech technologies and establish of new agricultural start-ups.