Millennium II Materials Technology Fund

Millennium II Materials Technology Fund was a venture capital fund headquartered in Tel Aviv, Israel. It was launched in 1998 by Millennium Materials Technologies to invest in material science companies. It took the form of two funds that invested in the 23 Israel and global companies. tIt targets companies that produced materials used in production in the micro-electronics, pharmaceuticals, biotechnology, agro/chemicals, polymers and communication sectors.

The initial fund, MMT I, was launched in 1998 and was valued at $11 million. The second fund, MMT II, was raised in 2000 and had a value of $20 million.