Internet Research Institute raised NIS 20 million in share capital in Israel

The Japanies based Internet Research Institute (IRI), a technology and high-tech holding company, has completed an initial public offering of shares (IPO). IRI raised NIS 20 million in share capital in Israel, based on a value of NIS 80 million.
Dr. Hiroshi Fujiwara, IRI Chairman and CEO, said: "I am very pleased with the confidence we have received from investors in the IRI issue. We believe that the share issue will be a bridge between Israeli innovation and the Japanese market and will enable us to acquire and invest in technology and high-tech companies in Israel and Japan. "
The Internet Research Institute (IRI) is a holding company incorporated in Israel in August 2017. The company focuses on Internet technologies, especially the internet (IoT), cyber security, and artificial intelligence (AI). The company operates through IRI Japan and through its subsidiaries in consultation, research, investments and the production of conferences and events in these fields.
In the field of information technology, the company engages in providing information and research services in the field of IoT, cyber and AI to Japanese companies, organizations and institutions. In addition, IRI Japan has cooperation with the Technion in Haifa and academic institutions in Japan.