New Zealand and Israel are close to signing an innovation agreement that would lead to joint research and development. The bilateral R&D agreement has been pushed by New Zealand's chief scientist Peter Gluckman who was part of a New Zealand Innovation mission to Israel in June led by Spark chief executive Simon Moutter. The network labelled the co-production agreement as a "calculated entanglement of New Zealand with Israeli's propaganda agreement". They include building a corporate venture capital innovation fund which Moutter said he was getting a warm reception to from the other corporates he's approached for backing. Moran also founded Grove Ventures, a venture capital fund primarily investing in cloud, big data and the internet of things.

Source: Otago Daily Times November 11, 2016 03:40 UTC