Also in January, Israeli venture capital firm Magenta Venture Partners announced a new $100 million fund for early-stage Israeli startups focused variously on autonomous vehicles, Industry 4.0, smart cities, and fin-tech, and on artificial intelligence and enterprise software. Calgary based industrial AI and IoT provider Osprey Informatics raised $2.75 million (USD) in January as well, from Shell Ventures, the corporate venture capital arm of Royal Dutch Shell, and Evok Innovations, the Silicon Valley startup fund.