Brief

Frankfurt-Listed Food Wholesaler Metro to Scout for Israeli Startups

A delegation of executives from the company has arrived in Israel and is set to meet with dozens of local startups this week

A delegation of executives from Frankfurt-listed food wholesaler Metro AG is visiting Israel this week to meet with local startups in the hospitality industry, the company announced Tuesday. The group is set to meet with dozens of startups that may be selected to join Metro’s startup accelerator, according to the company’s statement. Companies selected for Metro’s program will partake in the accelerator in Berlin for a two-week period, and will be awarded a warrant agreement equating to EUR 100,000 (approximately $109,800).

Food wholesale (illustration). Photo: Orel Cohen