The fund provides Israeli companies with direct access to investments from the Chinese government,
The fund raised the money from the government and public funds for investment in maritime an envionmental technology in Israel.
Managed by the CEO Shalom Daskal, Yuval Rabin, son of the late Prime Minister Yitzhak Rabin, and Jacob Kaplan, the fund provides Israeli companies with direct access to investments by the Chinese government. It completed its first financing round and is conidering investments in four companies.
Technologies under consideration include wind, wave. and solar enegy. Also under consideration are marine food, green and blue algae based materials, drug and cosmetics.