Israeli Finalists For Global Innovation Awards Chosen

June 21, 2016 | Three Israeli startups will head to Beijing, China this August to vie for the $1.5 million prize as part of Shengjing’s Global Innovation Awards 2016. The startups that were selected are genetic-therapy-for-cancer-developer Boomerang, mobile speech therapy startup NiNiSpeech and creator of autonomous navigation system for drones, Aerial Guard. These startups will compete against American, European and Chinese companies for a $1.5 million grad prize, as well as the opportunity to earn an investment from a special $25 million fund established by the Shengjing Group. The Israel segment of the Global Innovation Awards was led by the leading venture capital firm, Jerusalem Venture Partners (JVP).