Israel Infinity to open office in Shenzhen
By Wang Hongjun (chinadaily.com.cn)
Updated: 2004-04-03 09:25

Israel Infinity Venture Capital, a joint US-Israel investment fund focused on helping to build successful technology companies, will open an office in Shenzhen this June, said Eliezer Moody Sandberg, minister of Science and Technology of Israel, at a news conference on the sidelines of the venture capital forum.

No financial details were currently available.

The minister encouraged Chinese companies to visit Israel to have face-to-face contact with Israeli venture capitalists in a bid to seek more cooperation.

The two-day venture forum, which kicked off Friday, aimed to woo more venture capital investment to the host city and provide an interaction platform for domestic and overseas investors, said the organizers.

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