Israel’s Shin Bet Security Agency, Tel Aviv University Announce Second Accelerator Cohort
The security agency will grant $50,000 to each participating startup without acquiring equity
Adi Pick | 16:48 03.12.2018
The Israel Security Agency, also known as Shin Bet, and Tel Aviv University venture arm TAU Ventures are launching the second cycle of their accelerator program, Xcelerator, TAU Ventures announced Monday. The new cycle will host nine startups in fields such as artificial intelligence, cybersecurity, and fintech. The Shin Bet will grant $50,000 to participating startups without acquiring equity. The program is set to start in January 2019.