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Merck launches €20m Israel electronics incubator

By August 28, 2017May 22nd, 2025No Comments

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The PMatX Yavne incubator will serve Israeli startups and focus on next-generation electronics and advanced materials.

German pharmaceutical, life sciences and chemicals giant Merck Group today announced the founding of a technological innovation laboratory that will function as an incubator for startups in Israel. The incubator, to be called PMatX, will focus on next-generation electronics. The program will be supported by other partners, including printing solutions manufacturer HP and the Battery Ventures fund.

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