Large funds likely to make early-stage UAE-Israeli agritech deals

As the UAE and Israel explore opportunities for collaboration in achieving food security, the first deals in agritech and food technology are likely to be made by the larger private equity and venture capital funds in the UAE, Yair Geva, a partner at Herzog Fox & Neeman, stated at a conference on Monday.

“I do not think we're going to see that [many] early-stage investments from family offices and smaller VCs. This will take a bit of time until we have more focused specialised venture capital funds. Some of them are being formed at the moment [and] will start investing in the more early-stage type of deals that we have in abundance here in Israel,” he told participants at the GoforUAE-Israel Food Security Investment Conference.
 
The deals will be made from this quarter onwards as there was a decision at the highest levels in the UAE not to start investing before 2021 began, he added.

Read the complete article at www.zawya.com. 


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