VC Fund Mobilion Ventures has announced a new investment in and strategic partnership with the Afifi Group from Nazareth.
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Mobilion Ventures invests in early-stage startups, with a special focus on investing in solutions for the automotive aftermarket world and digital transportation services.
This collaboration promotes both Afifi Group and Mobilion Ventures' vision of implementing new technologies in the automotive world.
Avi Feldman, Managing Partner at Mobilion Ventures, said, "We see public transportation companies as ones that allow flexibility in selecting and implementing innovative technological solutions, with significant influence in the automotive fleet world and the ability to test technologies in the field better than any other user. These companies can adopt solutions as quickly as possible, creating real value for the field of transportation, as a leading and innovative service."
Ala Afifi, Afifi Group's business development manager: "We believe that the connection with Mobilion will serve the group on a variety of strategic levels and allow it to be exposed to the world's leading developments and technologies, which will enable technology and innovation from the world of mobility and lead the group to the technological stage."
