Cardumen Capital Invests in Wireless Industrial Automation


| 24 October, 2022
The European-Israeli Venture Capital fund announces a new operation after participating in the follow-up financing round that will allow the Israeli company to promote industry 4.0.
CoreTigo solutions are addressed to a wide variety of activity sectors, allowing machinery and production lines to offer higher performance, expanding their flexibility and capacity in a profitable way.

Oct, 2022 – 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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