VC investors rely heavily on referrals, but what should a non US startup do when looking to raise funding in Silicon Valley? I found a question on Quora that relates to European startups, but found that some of the advice may be very relevant to Israeli startups as well. How best can European startups land VC funding in the US / Sillicon Valley?
Outbrain bought the content recommendation system Surphace from AOL for an undisclosed sum. Surphace is a reincarnation of Sphere, a startup founded by Martin Remy and Steve Nieker in 2006 as a related content plugin and was later acquired by AOL in April 2008 for a rumored sum of $25 million
For the second year in a row, Seedcamp is coming to Tel Aviv on February 16 2011, at the Afeka College of Engineering. Internet technology start ups in Israel should apply *for free* on this link: Apply to Seedcamp Tel Aviv.
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 January 2011 edition after the jump.
Bitesize Monday on VC Cafe- the headlines that make the startup nation what it is today... founding rounds raised by eToro, Covertix, Playcast Media and Omek Interactive, product launches by Tawkon, acquisition by Groupon and much more.
Last week I attended a Bloomberg event in London on "The Israeli Economy". The keynote was given by Zvi Eckstein, the Deputy Governor of the Bank of Israel, on “Israel present and future”. Zvi is impressive. The mainly British audience felt like they were in a classroom at Tel Aviv University, and that the Bank of Israel was in good hands (thinking that Zvi and Stanley Fischer together formed an Israeli central banking dream team). The talk covered: (1) Israeli macro-economic indicators, (2) Monetary Policy and (3) Israeli industry.
VC Cafe is looking for Israeli startups with presence in London or startups started by Israelis living in the UK. The list isn't restricted to tech/Internet startup only. If you qualify, or know startups that do, please fill in the form below.
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.
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.
Weekly Firgun Newsletter
Join founders and investors reading the weekly Firgun newsletter by Eze Vidra.