Japan's Mitsui-backed Magenta Venture launches $100m fund for Israeli startups

Japan's Mitsui-backed Magenta Venture launches $100m fund for Israeli startups

A woman walks past the headquarters of Japanese general trading company Mitsui & Co., Ltd. in Tokyo July 9, 2009. REUTERS/Stringer

Israeli venture capital firm Magenta Venture Partners – a partnership between Tokyo-based Mitsui & Co and two Israeli VCs –  has launched a $100-million early-stage fund targeting Israeli tech startups, according to an official release.

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