
Chinese tech giant announces $300m. incubator in Israel
Kuang-Chi, a Shenzhen-based technology conglomerate, is launching an international innovation fund based in Israel to invest in companies worldwide.

Kuang-Chi, a Shenzhen-based technology conglomerate, is launching an international innovation fund based in Israel to invest in companies worldwide.

Ministry of Economy and Industry officials say investors are lining up to meet with the Israeli representatives.

First-ever international startup competition of its kind pits innovative companies from China, US, Europe, Latin America and Israel against one another.