Israeli electric car venture Better Place has reported record sales in January 2013, selling 102 Renault Fluence ZE cars in total. The company sold only five cars in December of last year and 25 in November. In 2012, the company sold a total of 518 cars.
News Briefs
February 04, 2013
A Record Month For Better Place: 102 Cars Sold In January
January 31, 2013
Sprint To Support Acceleration Lab In Israel
American mobile provider Sprint has announced its plan to support an LTE acceleration lab in Tel Aviv, Israel, later in 2013, in collaboration with the Israel Mobile & Media Association (IMA). According to the company, the LTE lab will add significant momentum to the Israeli-based ecosystem of startups and developers.
January 30, 2013
Home Design App Developer Houzz Raises $35M
Israeli-American startup Houzz, which develops a platform for home design and remodeling, has announced that it has raised $35 million. According to the company, the funds will be used to expand the company’s design and engineering teams at its Palo Alto headquarters.
January 30, 2013
Web Ranking Company SimilarGroup Raises $2.5M
Israeli company SimilarGroup, which launched the web measurement tool SimilarWeb, announced $2.5 million in new funding. The round was led by Moshe Lichtman, the former President of Microsoft’s Israel Research and Development Center, and as a part of the funding, Lichtman is also joining the company’s board.
January 30, 2013
Secure Document-Sharing Company WatchDox Raises $12M
Israeli company WatchDox, which offers a secure dropbox-like service for businesses has announced that it has raised $12 million in a financing round, led by Millennium Technology Value Partners. According to WatchDox, the funds will be directed towards enhancing their current platform and expanding its sales and marketing teams.
January 30, 2013
Israel Cleantech Ventures Sets-Up $74M Fund
Israeli investment firm Israel Cleantech Ventures (ICV), which specializes in cleantech investments, has announced the final closing of its second investment fund, totaling at $74 million. The money raised will be invested in 12-15 companies over the next few years.
January 30, 2013
Digital Printing Company Scodix Raises $14M
Israeli company Scodix, which aims to “strategically lead the post press industry into the digital age, enabling fast, easy and affordable print enhancements,” has raised $14 million. “Calcalist” reports that the company has raised $30 million to date, from Sequoia Capital Israel and Israel Cleantech Ventures.
[sharethis-inline-buttons]January 30, 2013
ORBIT Wins $11M Contract From East-Asian Country
Israeli company ORBIT Communication Systems Ltd., has announced that it has won an $11 million contract with an unnamed East-Asian country. ORBIT will supply the country with a comprehensive solution, which has to do with its satellite-based tracking technology.
January 29, 2013
365Scores Secures $1.2M In Series A Financing Round
Israeli online sports notification app 365Scores, has announced that it has raised $1.2 million in its series A financing round. The company, which has passed the 1.5 million downloads mark, has recently launched a new app for both Android and iOS.
January 29, 2013
Israeli Startup Meetey Raises $1.6M
Meetey, an Israeli location-based social network, intended to get people in touch with their neighborhood, has announced that it has raised $1.6 million. The financing round came just three weeks after launching the company’s beta product, which attracted over 5,000 Israeli users.
January 29, 2013
Vstory Raises $500,000 In Series A Financing Round
Israeli company Vstory, which is developing an app for scanning photos and texts and overlaying them with augmented reality features, has announced the conclusion of a successful financing round, totaling at $500,000. The company has raised $780,000 to date.
January 29, 2013
Hadasit Portfolio Companies to Receive Over $2.8M in Government Grants
Hadasit Bio-Holdings Ltd. and its portfolio companies ProtAb Ltd. and KAHR Medical Ltd. announced that they will receive additional funding of NIS 10.7 million (over $2.8 million) by the Israeli Ministry of Industry and Commerce, Office of the Chief Scientist (OCS) to support product development and advance clinical trials. ProtAb received approval for two programs totaling NIS 5.75 million (over $1.5 million) and KAHR received approval for two programs totaling NIS 4.95 million (over $1.3 million).
January 29, 2013
Corephotonics Aims To Raise $7M
Former Israeli Chief Scientist Professor David Mendlovic’s startup Corephotonics, which is developing high quality cameras for cellphones, is on its way to raise $7.2 million. The recently founded company has already raised $5.2 million.
January 29, 2013
Pharmaceutical Company BiolineRX To Raise $15M
Israeli company BiolineRX, which is currently testing an innovative drug for treating schizophrenia, is planning a financing round, with a $15 million goal. “Calcalist” reports that the round is set to take place before the interim analysis of the clinical trial planned in March.
January 28, 2013
Israeli Company Evento Raises $750,000
Evento, an Israeli company which develops a platform for ticket sales and promotions using social networks, has announced the completion of a financing round, raising $750,000. The round was led by private investors and an unnamed European ticket-sale company. According to Evento, the funds will be directed towards developing the company’s mobile app and to expand its operations in Europe.
