Chinese Take Out: 100 Israeli Startups, 1000 Chinese Investors At Shanghai GoforIsrael Conference
This article was first published by The Times of Israel and was re-posted with permission.
Around 100 Israeli high-tech and startup companies are taking part in the GoforIsrael conference in Shanghai, China, which aims to introduce Israeli technology to Chinese investors.
Israeli companies, including Mobileye, Kaminario, Xjet, Tufin, Zerto, WeWork, Satixfy, ReWalk Robotics, Juganu and other startups in the fields of life sciences, media, telecom, internet and green tech are attending the event, which is expected to attract about 1,000 Chinese investors, including representatives from conglomerates such as Alibaba, Baidu, Tencent, Lenovo and Fosun, GoforIsrael said in a statement.
Following the September 20 Shanghai event, the conference will continue to Wuhan in the Hubei province, where it is expected to attract 800 additional investors.
Over 30 of the participating companies will get a chance to pitch their technologies to investors. Among the companies are Upright, which teaches users to remain upright by attaching a pad-like device to the back which vibrates when the person slouches; HeraMed, which has developed an app to monitor the health of fetuses through the measurement of the pulse, and Real Imaging, which has developed a machine for early-stage diagnosis of breast cancer by measuring temperature changes around the tumor.
The conference is organized by Cukierman & Co. Investment House, which offers investment banking services to Israeli and European customers, together with Israel-based private equity fund Catalyst Funds.