October 7, 2013 | PixCell Medical Technologies Ltd., which develops patented Cell-Based Diagnostics technology for the Point of Care (POC), announced that it has raised $2 million following successful completion of CE mark registration of the HemoScreen Complete Blood Count (CBC) analyzer. The finances were raised from its existing strategic investor.
News Briefs
October 07, 2013
Israeli Biomed Company PixCell Raises $2M
October 07, 2013
Matomy Plans London IPO At A Company Value Of $450M
October 7, 2013 | Israeli digital advertising firm Matomy has handed in preliminary paperwork towards holding an IPO on the London Stock Exchange. The Telegraph reports that the company plans on raising over $100 million at a company value of $450 million. If all goes according to plan, Matomy could hold its IPO as early as next year.
October 03, 2013
Pursway Raises $7.2M In Series B Financing
October 3, 2013 | Israeli company Pursway, which uses “socializing data” to target opinion leaders for marketing purposes, has announced the closing of a successful Series B financing round, raising $7.2 million. The round was led by Battery Ventures and Globespan Capital Partners, who are both existing investors.
October 03, 2013
BiondVax To Receive €500,000 Grant From EU
Israeli company BiondVax, which is developing a universal influenza vaccine, is one of six companies to receive the prestigious Seventh Framework Program for Research (FP7) award. The six companies will receive a total of €6 million, €500,000 of which will be granted to BiondVax.
October 03, 2013
InnoLap Surgical Acquired By Teleflex
October 3, 2013 | Israelil startup InnoLap surgical, a Trendlines portfolio company which is developing a platform for scar-less laparoscopy, has been acquired by Teleflex. The size of the transaction was not disclosed. Earlier this year, Teleflex acquired another Israeli company from the field of laparoscopic surgery, Eon Surgical.
October 02, 2013
ITNavigator Software Department Acquired By Avaya
October 2, 2013 | American software company Avaya yesterday announced that it is acquiring the software division of Israeli company ITNavigator. Though financial details were not disclosed, it is estimated the transaction is worth tens of millions of dollars. ITNavigator’s software department will keep its employees and Israeli offices and become a full subsidiary of Avaya.
October 02, 2013
BGU Professor To Be Honored By Queen Of England
October 2, 2013 | Israeli Professor David Newman, dean of the faculty of humanities and social sciences at Ben-Gurion University, will be honored by the British Crown with an Officer of the Most Excellent Order of the British Empire (OBE) title. The honor will be given to Newman (who was born in the UK), for his contribution to promoting academic cooperation between Israel and England.
October 02, 2013
Wix Files For $100M IPO On Wall Street
October 2, 2013 | Israeli startup Wix, which developed an extremely popular HTML5-based DIY website building platform, has filed papers with the SEC to hold an IPO on the New York Stock Exchange. Wix is planning to raise $100 million at a company value of $400 million.
October 02, 2013
Green Light: FTC Will Not Challenge Waze’s Acquisition By Google
October 2, 2013 | Last June, it was announced that Google has Acquired Israeli social GPS startup Waze for nearly $1 billion. However, the FTC (Federal Trade Commission) was investigating the deal, to see if it has any antitrust issues. Yesterday, Bloomberg reported that unnamed people, familiar with the details, confirmed that the deal will not be challenged.
October 01, 2013
Pitango Sets Up 6th Investment Fund With $270M
October 1, 2013 | Israeli VC Pitango Venture Capital has announced the closing of its sixth investment fund, Pitango 6. The fund will have $270 at its disposal. “Calcalist” reports that alongside existing investors, many new investors from East-Asia have invested in the fund.
October 01, 2013
Stockton Group Is Finalist At The Agrow Awards
October 1, 2013 | Israeli company Stockton Group, a developer of biopesticides, is one of three finalists at the annual Agrow Awards competition, which honors top companies in the plant-protection industry. Stockton Group’s product Timorex is nominated for best biopesticide.
October 01, 2013
Report: N-trig Raising $10-15M With Participation From Intel Or Qualcomm
October 1, 2013 | Israeli touchscreen developer N-trig is reportedly in the process of raising $15-20 million. According to “Globes,” the financing round includes a major international player, either Intel or Qualcomm. N-trig has raised approx. $105 million to date.
October 01, 2013
RighTune Raises $700,000 In Seed Financing
October 1, 2013 | Israeli startup righTune, which develops a platform for that matches background music with internet browsing, has announced that it has raised $700,000 in a seed financing round. The round was led by Capital Point, with participation from the Israeli Office of the Chief Scientist.
September 30, 2013
Japanese Firm Yaskawa To Invest Million In Israeli ARGO
September 30, 2013 | The Yaskawa Electric Corporation, a Japanese industrial robotics world leader, is planning to invest tens of millions of shekels in Israeli company ARGO Medical Technologies. The Israeli company is the developer of the ReWalk exoskeleton, a robotic device which enables paraplegics to walk.
September 30, 2013
Urban Compass Raises $20M
September 30, 2013 | New York based startup Urban Compass, founded by Israeli serial entrepreneur Ori Allon, has announced that it has raised $20 million. The startup is both a social network and a housing rentals platform that brings online the whole process of finding and paying for a place to live. The company will use the funds to expand to other cities in the US.
