Israeli Startup Gets Rare UAE Investment Since Start of Gaza War

An Israeli startup developing lab-grown milk raised $20 million from a fund in the United Arab Emirates, marking a rare investment from the Persian Gulf into Israel since the start of its war with Hamas.

Remilk Ltd. secured funding last year from Tau Capital to help debut the startup’s product, according to Chief Executive Officer Aviv Wolff, who shared details on the deal for the first time. Tau Capital is an investment firm backed by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s powerful national security adviser.

Plans to forge closer business ties between Israel and its wealthy Gulf ...