Az | EN

Azerbaijan İnvestment Company has invested in 2 Israeli startups - REPORT

Cəmil Hüseynzadə
11 January 2024 10:26
820 views
Azerbaijan İnvestment  Company has invested in 2 Israeli startups - REPORT

Azerbaijan Innovation Company presented the report of 2023. The report shows that the company is investing in startups as well as industries.

Last year, Azerbaijan Innovation Company (AIC) invested in Israel's startup Largix for the first time within the framework of cooperation with the OurCrowd venture company, which provides support and mentoring for the development of startups in Azerbaijan, as well as direct access to investments in the field of startups. Within the framework of cooperation, 1 million dollars were invested in the startup. Largix specializes in the production of industrial products from polypropylene and polyethylene using cold 3D printing technology.

In addition, AISH has invested $670,000 in the Israeli start-up "C2A Security", which specializes in the development of cyber security platforms that provide reliable security solutions to protect the internal systems of electric cars from cyber attacks.

© copyright 2022 | tech.az | info@tech.az