The Israeli investment firm TIF Ventures said it has purchased control of the Misgav Venture Accelerator and the Mofet B'Yehuda Innovation Accelerator for $6m. TIF Ventures was founded by the owners of the Treadlines Group, which invested $500,000 towards the purchase.
The Misgav Venture Accelerator was founded in 1992 and its specialties include medical devices, pharmaceuticals and biotechnology. Mofet B'Yehuda was founded in 1991 and it specializes in cleantech, software and medical devices.
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