Billionaire Arik Prince comes to Israel to invest in hightech startups

Posted on Jun 10, 2019 by Ifi Reporter - Dan Bielski

The billionaire Arik Prince comes to Israel to invest in startups and companies in high-tech, transportation and security.
Axon Vision, a manufacturer of artificial intelligence based systems for military use, is a company that manufactures ATVs and unmanned aerial vehicles, which manufactures ATVs for military use, MAGNUS, satellite detection and rescue at any point in the world. In addition, he will examine stratagems and ideas of young Israelis in their early stages.
Erik Prince has a warm attitude toward Israel, even though he has no Jewish roots. "I believe in Israeli high-tech, led by veterans of military technology units, who go out to the labor market at a young age with rich experience and practical experience, at ages that do not have family and children and are therefore free to invest their time and effort in projects," says Prince. "The Israelis are entrepreneurs by nature, which is why there is a large variety of start-ups and companies in Israel in relation to the population."
Arik Prince is known as a non-passive investor, but is involved in promoting the company, creating partnerships with other companies he owns and expanding penetration into the US and other markets around the world, and he intends to do so with the new companies to which he will join as a partner.
During his visit to Israel, Arik Prince will be a guest of the TMTI 2019 Innovation Conference, which will take place on July 23-24. The final stage of the Challenge will be held at the Tau Ventures, Tel Aviv University's Entrepreneurship Center. Hundreds of entrepreneurs are competing in the fields of artificial intelligence, Pintek, intelligent transportation and transportation, health, cyber, blockchin, communications, e-commerce, Internet, and more.

 


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