Yizhar Shai, Israel’s former Minister of Science and Technology, is returning to the tech business. After retiring from politics following the failure by the Telem Party forward of the current elections in March, Shai introduced on Monday that he will probably be becoming a member of enterprise capital firm Disruptive AI as a Venture Partner. Disruptive AI was based by Tal Barnoach and Yorai Fainmesser, and except for them, Shai will be part of the opposite companions on the firm together with, Illit Geller, and Gadi Tirosh.

 

As a part of his new place, Shai will help the firm in finding entrepreneurial groups at promising corporations within the subject of synthetic intelligence, specializing in investing in these corporations, contributing to their development, and turning them into market leaders.

Yizhar Shai will join Disruptive AI. Photo: Amit Shaal Yizhar Shai will be part of Disruptive AI. Photo: Amit Shaal

 

Shai is a former serial excessive tech entrepreneur and an skilled investor in enterprise capital with over 25 years of expertise each in Israel and overseas. In the previous, Shai was an entrepreneur and CEO of the corporate Business Layers, in addition to VP of the corporate C-Secure, two corporations which he led to spectacular exits. He has invested and served as a director at a number of corporations, amongst them PrimeSense (which was later bought to Apple), N-Trig Ltd. (which was acquired by Microsoft), and extra. Shai was additionally a accomplice on the worldwide enterprise capital firm Canaan Partners, the place he took half in founding the firm’s Israel department. Shai additionally based the most important organized entrepreneur neighborhood in Israel, “the Start-Up Stadium,” which connects over 45,000 entrepreneurs, and has additionally based the profitable radio and podcast program in Hebrew “High Tech in Traffic.”

 

During the previous two years, Shai served because the Minister of Science and Technology and as an MK from the Blue and White Party of the Israeli Parliament and was a member of the Israeli authorities’s Special Committee on the Novel Coronavirus. Prior to the March election, Shai left the Blue and White Party and joined the Telem Party, and after it finally didn’t run in the latest elections, Shai retired from political life.

 

“We’re proud that Yizhar Shai is joining our firm, Disruptive AI, with his many years of experience in the field of technology investments and the high tech industry,” Tal Barnoach, founding father of Disruptive AI stated.

 

“I’m glad to join a fund that focuses on products and technologies in the field of artificial intelligence and contribute from my extensive experience in investing in startups,” Shai added.

 

Disruptive AI was based in 2020 by the entrepreneur and investor Tal Barnoach and Yorai Fainmesser. The fund invests in early stage corporations, and is the third such fund based by Barnoach. Disruptive has invested in corporations resembling ironSource, Qwilt, Anodot, Tailor Brands, Lumen, and others.

 

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