The EE Times is reporting that Israel-based Giza Venture Capital is started a fifth VC fund, Giza V, with help from Taiwan's National Development Fund (NDF).

The new $150 million fund is getting $30 million from the Taiwan NDF. Giza VC helps Israeli companies with projects that involve Taiwanese companies. The NDF invested in Giza VC's fourth fund, Giza IV, to the tune of $15 million.

Giza is Israel's third largest venture capital firm.


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