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  • lauren blanchard 1:22 pm on November 26, 2015 Permalink
    Tags: CGRP antagonists, Heptares Therapeutics, , migrane, small-molecule calcitonin gene-related peptide antagonists, , teva migrane treatment, teva migrane uk investment, teva pharma uk investment   

    Teva Invests $10M In Heptares’ Migraine Treatment 

    tevaNovember 26, 2015 | Israeli pharmaceutical giant Teva and UK-based Heptares Therapeutics, a unit of Sosei Group Corporation, have announced a licensing and drug-discovery agreement under which Teva will receive exclusive global rights to develop, manufacture and commercialize novel, small-molecule calcitonin gene-related peptide (CGRP) antagonists discovered by Heptares for the treatment of migraine headaches. Heptares will receive an upfront payment of $10 million, and will be eligible to receive additional research, development and commercialization milestone payments of up to $400 million. In addition, Heptares will be eligible to receive royalties on net sales of products resulting from the partnership.

  • lauren blanchard 1:11 pm on November 26, 2015 Permalink
    Tags: biolight, BioLight Life Sciences Investments, co2 laser technology, filtration surgery glaucoma CO2 laser, glaucoma, IOPtiMateTM, laser eye surgey, life science, minimally invasive surgical ophthalmic devices, minimally invasive surgical ophthalmic devices. The company's flagship product   

    Israeli Life Science Company IOPtima Raises $7.2M 

    Biolight light science investorsNovember 26, 2015 | BioLight Life Sciences Investments has entered into a joint financing agreement with two Asia-based venture capital firms to invest a total of $7.2 million into BioLight’s subsidiary, IOPtima. The financing will help IOPtima to continue the global commercialization of its innovative IOPtimate™ system used in the treatment of glaucoma, as well as to initiate a regulatory approval pathway process with the U.S. Food and Drug Administration, commencing 2016. Under the terms of the agreement, the unnamed investors and BioLight will invest an aggregate amount of US$6.0 million and US$1.2 million, respectively. The investments are being made on the basis of a US$13.5 million pre-money valuation for IOPtima. Upon completion of the private placement, BioLight will hold approximately 71% of IOPtima’s issued and outstanding shares.


  • lauren blanchard 5:25 pm on November 25, 2015 Permalink
    Tags: cme ventures cyber, , , , ust global cyber   

    Fortscale Security Scores $16M 

    fortscaleNovember 25, 2015 | Israeli founded data security firm Fortscale Security has secured $16 million in funding, including investment from CME Ventures and UST Global. The financing will be used to implement sales and marketing campaigns on the back of the successful launch of Fortscale 2.0, the company’s threat detection and remediation solution. Founded in 2012 and led by CEO Idan Tendler, Fortscale enables enterprises to easily run big data analytics for cyber security by delivering risk-prioritized analysis and visualization of user behavior and access activity.


  • lauren blanchard 5:04 pm on November 25, 2015 Permalink
    Tags: computer vision medical startup, dell health israel, khosla ventures health, learning algorithms medical imaging, zebra medical vision   

    Zebra Medical Partners With Dell 

    zebra medical visionNovember 25, 2015 | Israeli-founded Zebra Medical Vision announced that they have signed a multi-year agreement with Dell Services to deliver its Clinical Research and Analytics platforms to providers and researchers globally. Zebra Medical has built a medical imaging cloud-based platform that enables healthcare professionals to identify patients at risk of disease. The platform also provides researchers with the largest structured clinical data set globally, and gives them the tools to develop machine learning algorithms to analyze it. Founded in 2014 by Eyal Gura, Eyal Toledano, and Elad Benjamin, the company has so far raised $8 million from Khosla Ventures and Marc Benioff.

  • lauren blanchard 4:39 pm on November 25, 2015 Permalink
    Tags: data startup israel,, iot startup israel, , ,   

    Data Storage Startup Iguaz Raises $15M 

    iguazNovember 25, 2015 | The Israeli data storage startup today announced a $15 million Series A funding round. Led by Magma Venture Partners, the funding includes additional investments from Jerusalem Venture Partners (JVP) and large strategic investors. Founded by CEO Asaf Somekh and CTO Yaron Haviv in Herzliya, provides innovative data management and storage solutions for Big Data, IoT and cloud applications.

  • lauren blanchard 11:11 am on November 24, 2015 Permalink
    Tags: Binational Industrial Research and Development, , Israel US energy cooperation,   

    BIRD Energy Invests $5M In Israeli-American Clean Energy Companies 

    BIRD energyNovember 24, 2015 | The U.S. Department of Energy (DOE) and Israel’s Ministry of National Infrastructure, Energy and Water Resources (MIEW) have selected six projects to receive $5.1 million under the 2015 Binational Industrial Research and Development (BIRD) Energy program. Each project is conducted by a U.S. and an Israeli partner. Selected projects address energy challenges and opportunities of interest to both countries, while focusing on commercializing clean energy technologies that improve economic competitiveness, create jobs, and support innovative companies. This is the seventh round of funding for BIRD Energy which has approved 28 projects with a total investment of about $22 million (including the projects in the current annual cycle).

  • lauren blanchard 10:49 am on November 24, 2015 Permalink
    Tags: Amit Luhansk, internal search tools, new search startups, search tools for mobile, , Zoomd   

    Report: Search Company Zoomd Acquires SphereUp For $7M 

    zoomdNovember 24, 2015 | Zoomd, the Israeli search company, has acquired another search startup, SphereUp, for $7 million, Calcalist reports. Founded by Amit Luhansk in 2012, Zoomd provides search tools within an article so that readers will not have to open new screens, something especially pertinent for mobile devices where screen space is limited. SphereUp’s technology aims to increase engagement with search tools, and the company, led CEO Yevgeny Safovich, has so far raised $3.7 million.



  • lauren blanchard 10:17 am on November 24, 2015 Permalink
    Tags: , greensoil, , israel agtech, israel sustainable startup,   

    GreenSoil Raises €50-70M To Invest In AgTech 

    GreenSoilNovember 24, 2015 | Israeli based fund GreenSoil has raised €50-70 million for investing in agriculture technology companies in Europe and Israel, to be split equally between the two geographies. Founded by Alan Greenberg and Gideon Soesman, GreenSoil invests in startups that enable efficient resource utilization in energy, electricity, water, and land. So far the fund’s portfolio companies have attracted attention from large institutional investors, including Horizon Ventures, which invested in the sustainable packaging company Tipa, and Innovation Endeavors which invested in the smart irrigation startup CropX.

  • lauren blanchard 1:38 pm on November 23, 2015 Permalink
    Tags: gal haber, gambling tech, , ,   

    Playtech Abandons £460M Deal To Acquire Plus500 

    playtechNovember 23, 2015 | FSTE-listed Playtech have given up on a £460 million takeover of Plus500, due to regulatory ‘concerns.’ Teddy Sagi, the Israeli founder of Playtech was hoping to expand into financial trading with the acquisition, and is considering other acquisitions to do so. Founded in 2008 and led by CEO Gal Haber, Playtech listed on the AIM in London in 2013, but has encountered some difficulties after regulators criticized its anti-money laundering identity checks.


  • lauren blanchard 9:42 am on November 23, 2015 Permalink
    Tags: advanced optical splitters, bandwith demand, colorchip, gemini israel, , hyper-scale transceivers, israel fiber optics, optical communications israel   

    Semiconductor Company ColorChip Raises $25M 

    colorchipNovember 23, 2015 | Israeli optical communications developer ColorChip has raised $25 million in a round of financing led by Israel Growth Partners with participation from Vintage Investment Partners, and existing investors Gemini Israeli Funds and BRM Group. Founded in 2001 by Dr Shimon Eckhouse and Prof Shlomo Rushin of the School of Engineering at Tel Aviv University, ColorChip provides cost effective, dense, hyper-scale transceivers and advanced optical splitters. So far, the company has raised $60 million and CEO Yigal Ezra said the latest funding will be used to scale up operations and accelerate product development for data-centers that need to increase their traffic capacity.

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