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  • mayay 1:43 pm on November 24, 2014 Permalink
    Tags: , biondvax ipo, , ,   

    Israeli Creators Of Universial Flu Vaccine, BiondVax, Mull Wall Street IPO 

    BiondVax Logo4November 24, 2014 | The Israeli biopharmaceutical company developing a universal influenza vaccine, BiondVax, is considering a Wall Street IPO, according to a “Globes” report. The company currently has a market cap of NIS 42 million (approx. $10.8 million) on the Tel Aviv Stock Exchange, which it hopes to maintain in a potential American offering. BiondVax’s universal flu vaccine, to treat a number of prominent flu strains, has already undergone a successful Phase II clinical trial and further trials will take place in 2015. BiondVax was founded in 2003 by its CEO Ron Babecoff.

  • mayay 1:27 pm on November 24, 2014 Permalink
    Tags: , , , israel chemicals private offering, israel chemicals refinancing   

    Israel Chemicals Raises $800M In Private Offering 

    israelchemicalsNovember 24, 2014 | Israel Chemicals raised $800 million in a private offering of aggregate principle senior unsecured bonds. The offering is expected to be settled by December 2, 2014, subject to customary closing conditions. According to Israel Chemicals, the company plans to use the funds to repay outstanding short-term loans and debt, providing it with future flexibility for borrowing, acquisitions, and refinancing. Israel Chemicals was founded in 1968 and specializes in the development, manufacture and marketing of fertilizers, metals and other special-purpose chemical products.

  • mayay 1:15 pm on November 24, 2014 Permalink
    Tags: , israel agritech news, israeli agritech companies, , kaiima israel, kaiima us   

    Kaiima To Open US Office In St. Louis 

    KaiimaNovember 24, 2014 | The Israeli agritech company Kaiima will open a firm in the US in the city of St. Louis, Missouri. Kaiima specializes in the development of a plant-breeding technology set on increasing agricultural productivity and increasing yields without using genetically modified organisms. According to the company, it will open up an office at the Cambridge Innovation Center in St. Louis, where they are set to hire a number of employees. Kaiima hopes that the move to one of America’s central farming regions, the heart of the Mid-West, will lead to further applications of the company’s technology, as well as continued development. Founded in 2007, Kaiima has already raised $100 million in venture capital.

  • mayay 3:51 pm on November 23, 2014 Permalink
    Tags: atomation, internet of things for kids, internet of things toys, , smart toys, , techy toys for kids   

    Atomation Raises $900K To Make Smart Toys 

    atomationNovember 23, 2014 | The young Israeli startup Atomation announced that it raised $900,000 in a round led by the Explore incubator, Israel’s chief scientist and other private investors. The company is developing a platform to turn any top into a ‘smart’ toy that is able to connect and communicate with other toys and with a smartphone application. Atomation was founded by Guy Weizman and hopes to bring toys into the Internet of Things revolution.

  • mayay 3:40 pm on November 23, 2014 Permalink
    Tags: fraunhofer-gesellschaft, israel-german relations, , stef wertheimer   

    Fraunhofer To Partner With Wertheimer For Research Funds 

    fraunhoferlogoNovember 23, 2014 | Fraunhofer-Gesellschaft, Europe’s largest organization for applied research, will partner with Israeli industrialist Stef Wertheimer to encourage investments in the public sector. In addition, Fraunhofer and Wertheimer have signed a letter of intent to establish a joint communications platform at the Lavon industrial park, which Wertheimer owns. Fraunhofer hopes that by engaging in Israel the entities will be able to launch joint research projects, create an educational transfer and organize scientist exchanges. To date, Fraunhofter maintains 67 institutes and research units, with an annual budget of over €2 billion.

  • mayay 3:29 pm on November 23, 2014 Permalink
    Tags: , , fintech israel, , ping an, sberbank investments, social trading,   

    Report: Ping An And Sberbank Invest In eToro 

    etoroNovember 23, 2014 | According to reports, the social trading network eToro is set to receive funding from Ping An, a Chinese insurance group, and Sberbank Bank from Russia. “The Wall Street Journal” reported that the firm expected to raise $15 million, following an earlier funding round from Spark Capital and BRM Capital that raised $31.5 million. Also participating in the $15 million round is SBT Venture as well as existing investors, though the amount has yet to be finalized. With the funds, eToro is expected to expand its operations into China and Russia by providing the online trading platform through Ping An and Sberbank. eToro was founded in 2007 and is headed by CEO and co-founder Yoni Assia.

  • mayay 3:17 pm on November 23, 2014 Permalink
    Tags: adexio, , israel-france tech relations, magic software enterprises, magic software israel, syslife,   

    Syslife Chooses Magic Software To Develop Tablet Version Of Adexio 

    MagicLogo1November 23, 2014 | Magic Software Enterprises, a global provider of software platforms, announced that French Independent Software Vendor Syslife chose the company to develop a tablet version of its supply chain management software, Adexio. Syslife hopes that Magic Enterprises’ Mobility Solutions can be applied in order to make an on-the-go version of its popular management software that is specifically targeted to the retail industry. The software is already used in 256 sites across France by brands like Krys, Leroy Merlin and Gamm Vert. Magic Software was founded in 1983 by David Assia and Yaki Dunietz and is headquartered in Or Yehuda, Israel.

  • mayay 2:32 pm on November 23, 2014 Permalink
    Tags: , india knowledgexpo, india tech conferences, , knowledgexpo,   

    Israeli Delegation Attends India’s CII Knowledgexpo 

    knowledgexpo November 23, 2014 | As part of the CII Knowledgexpo in India, Israel sent a delegation to the Global Innovation and Technology Alliance Platform. The Israeli delegation includes 12 leading tech companies, focusing on the sectors of cleantech, ICT, biotech and medical devices. This is the second year that Israel will send a delegation, providing delegates with an opportunity to showcase their technologies and engages in B2B meetings with others companies. “The Israeli delegation represents some of the finest technology companies in their fields, with cutting-edge products and services that are a great fit to the Indian market,” said Asia Pacific Department at MATIMOP, Executive Director, Avi Luvton.

  • mayay 1:36 pm on November 23, 2014 Permalink
    Tags: blackhawk partners, energy news, globe israel, globe oil exploration, israel energy news, israel oil exploration   

    Blackhawk Partners Invests $60M In Globe Exploration Licenses 

    globeexplorationNovember 23, 2014 | The Israeli company Globe Oil Exploration notified the Tel Aviv Stock Exchange (TASE) that Blackhawk Partners has signed a Memorandum of Understand (MoU) to invest $60 million. The New York-based private equity firm, Blackhawk will invest the said funds in the exploration and development of Globe’s licenses Ofek, Yahel and Bar-Or. Following the news, Globe’s share price rose 80 percent on the TASE following the news.

  • mayay 1:28 pm on November 23, 2014 Permalink
    Tags: , , ramot tech transfer company, tata israel, , tel aviv university ramot, temasek israel   

    Ramot Raises $23.5M For Momentum Fund Technologies 

    RamotNovember 23, 2014 | The technological transfer company of Tel Aviv University, Ramot, closed a $23.5 million funding round for a fund called the Momentum Fund. In addition, Ramot signed a strategic agreement with Temasek, a Singaporean investment company, which will be the second named investor after India’s Tata, with both funds committing at least $5 million. Temasek is one of the world’s largest investment companies that manages a portfolio worth $177 billion. The Momentum Fund has also raised funds from SanDisk, as well as private investors in South Africa, the US, Europe and India, to invest in technologies developed at Tel Aviv University, with an emphasis on engineering, the exact sciences, environment, clean tech, pharmaceuticals and more.

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