Last week I had the pleasure to attend the DLD 2011 (Digital Life Design) conference in Munich, which was co-hosted by Dr Yossi Vardi and Burda Media, a large German media company (for those who don't know). I've attended quite a few conferences and industry events, but DLD manage to stand out. What was so special about it?
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.
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.
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…
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