Singapore’s Sirius Venture backs $8m Series A in Israeli foodtech Genie Enterprise

Couscous. Photo: Pixabay

Singapore-based venture capital firm Sirius Venture Capital has backed an $8-million Series A funding round in Israeli foodtech firm Genie Enterprise, which has invented an automated computer-controlled cooking device.

In a statement, Sirius said the latest funding round for Genie was led by Carl Marks, a merchant banking firm in the US. The funds, it added, will provide Genie Enterprise with additional resources to bolster its infrastructure in Israel.

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