Merck Opens Startup Incubator In Israel

August 28, 2017 | Pharma giant Merck has opened an incubator for startup companies in Israel. Called PMatX, it will address the topic of next-generation electronics. The program will be supported by additional partners, including HP and Battery Ventures. Its fomration is supported by the Technology Innovation Lab program of the Israel Innovation Authority (IIA). Merck will invest € 20 million over the first three years.