Cardumen Capital , the European-Israeli Venture Capital fund that invests in high-tech companies in Israel, has announced its participation in the financing round of CoreTigo , provider of wireless industrial automation solutions. In addition to Cardumen Capital, the round has included the participation of Emerson (NYSE:EMR), Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC (NASDAQ:QCOM), Sierra Ventures, Verizon Ventures and Meitav Investments. The investment will enable CoreTigo to drive the potential of Industry 4.0.

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