Trendlines’ Singapore IPO Raises $17M

November 18, 2015 | The Israeli technological incubator Trendlines has launched a S$25 million ($17.6 million) IPO on the Singapore Stock Exchange. Founded in 1993 and led by Co-Chairmans and Co-CEOs Todd Dollinger and Steve Rhodes, Trendlines develops early stage companies in the medical and agtech sectors. The company will become the second Israeli listing on the Singapore Stock Exchange, after Sarin Technologies, which develops technology for the diamond industry. Trendlines is offering 75.7 million shares at S$0.33 apiece, and aims to use the fresh capital to make new and follow-up investments.