Israeli Biomed And Agtech Incubator Trendlines Group Files For Toronto IPO

June 11, 2014 | The Israeli incubator Trendlines Group has issued a prospectus to file its first ever IPO on the Toronto Stock Exchange in Canada. According to reports, the offering will be led by Paradigm Capital, Euro Pacific Canada, Octagon Capital Corporation and M Partners and is set to be valued at tens of millions of dollars. The Trendlines Group, founded in 2007, is responsible for the establishment and development of 52 Israeli companies through the Misgav medical technology incubator (now Trendlines Medical) and Mofet B’Yehuda Accelerator (now Trendlines Agtech), investing between $500,000 to $5 million in its portfolio companies.