ABN AMRO Digital Impact Fund takes a stake in Thetaray.

ABN AMRO Digital Impact Fund, a corporate venture fund, takes a stake in Thetaray, an Israeli Big Data analytics firm. Financial terms were not disclosed. “Our investment in ThetaRay strengthens the current operational relationship between the bank and ThetaRay. The market for these solutions driven by artificial intelligence is a major growth market across the world and is strategically relevant to all types of financial services. In addition, ABN AMRO stands to benefit from access to the Israeli ecosystem of cybersecurity and financial crime detection firms, as well as the leading venture capital investors operating in this business, such as JVP (Jerusalem Venture Partners) and OurCrowd.” Hugo Bongers, ABN AMRO Digital Impact Fund Director.