Agrinnovation raises $4 mln

Agrinnovation said Monday it raised $4 million in a round of funding led by Victor Smorgon Group from Australia. Other investors include Yissum Research Development Company and the Provident Fund of the Employees of the Hebrew University of Jerusalem. Agrinnovation is an investment fund focused on agricultural inventions. The fund said a group of Chinese-Israeli investors will also likely invest, boosting total funding to $6 million.

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