Microsoft Ventures has restructured its incubator and accelerator arms in Israel, while State of Mind Ventures has closed a $75 million investment fund.
Microsoft Ventures splits incubator & accelerator arms
Israel is seeing Microsoft realigning its startup-oriented businesses. The US tech giant is shifting venture investment and accelerator arms to achieve greater focus on startup support. the Microsoft Ventures name to a new venture capital (VC) fund, while rebranding the original programme as Microsoft Accelerator.