Israeli startups have raised $11.1 Billion dollars in the period of 2001-2010, says Globes in an article published today. The amount was calculated by the Israel MoneyTree Report for 2001-2010, conducted quarterly by PricewaterhouseCooper Israel. The report doesn't specify how much money was generated from the exits in these investments.
Two Israeli startups are nominated as Finalists in the 2011 Techcrunch Crunchies award. Soluto is nominated for best international startup and Boxee box for best new device. See the latest with these two companies and cast your vote!
The Israel Ministry of Finance and the the ministry of Industry, Trade and Labor have launched a new incentive program to attract institutional investment to funds who focus on Israel’s knowledge-intensive industries.
General Motors' venture capital arm has invested $5 million in Powermat, manufacturer of wireless charging mats for cell phones and other electronic devices. GM plans to include the mats in vehicles as soon as 2012.
Magic Software (NASDAQ: MGIC), a veteran Israeli software company specialized in cloud and on-premise application platform and business integration solutions, has raised $21.2 million in a private placement transaction in December and an additional $3,7 million in option sales according to a recent SEC D filing.
Jinni, an Israeli startup offering a taste-and-mood based guide for movies and TV shows, announced yesterday the closing of its $5 million series B funding. The round was led by Belgacom and an undisclosed connected-TV manufacturer. Previous backer DFJ Tamir Fishman Ventures (led the previous $1.6 million round a year ago) also participated.
Doing business in India is about breaking the code. Ben Gilad gives practical advice on what to expect when dealing with Indian companies, how to behave and what are the key tips for negotiating with Indian businesses in the 21st century.
As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor, which offers many helpful tools for prospecting investors. See the October 2010 edition after the jump. For previous editions, click here.
I’ll be in Incredible India next week. I’d love to hear from Israeli entrepreneurs doing business in India in one way or another – please contact me at eze [at] vccafe dot com. ALSO If you’re an Israeli tech startup…
Ephraim Katzir was the 4th president of Israel. His paper, titled "My Contributions to Science and Society" tells Katzir' story as an autobiography intricately enlaced in the story of the state of Israel. The paper not only inspired me, but also gave me context and a sense of proportion. While I recommend printing and reading the entire doc, below I've quoted some of the sections I found particularly inspiring.
Weekly Firgun Newsletter
Join founders and investors reading the weekly Firgun newsletter by Eze Vidra.