March 3, 2015 | Infocomm Investments, part of the Infocomm Development Authority of Singapore, is planning to make its first direct investments in Israel high tech companies. The fund, worth about $200 million is backed by the government of Singapore, hopes to invest in Israel high tech solutions that will bring the country’s IT services and systems to the next level. Though specific companies weren’t outlined in the Reuters report, the fund will invest between $1-$5 million in Israeli companies. The fund is focusing on cyber security companies and financial tech companies, including Colu and Neema.
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