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What our members have to say...
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"The speed pitch event was ideal for us. We were able to package our message into a 4 minute presentation and talk in more detail at our stand afterwards. We attracted many high quality potential investment contacts from the night and are now following up with these. A very well organised and excecuted night which I am very glad we did."
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Nick Boyd - AquaGen Technologies Pty Ltd |
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Foreign investors put some $185 million in Israeli companies in first quarter of 2011
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Fantastic quarter for Israeli high-tech industry: Some 140 Israeli companies raised $479 million in the first quarter of 2011, the highest quarterly sum in the past two years.
The average sum each company raised in the first quarter was $3.42 million. Israeli venture capital funds invested $137 million in the companies, a 76% rise compared to the first quarter of 2010.
Another $157 million came from investment companies and private investors, and $185 million came from foreign investors.
ccording to Koby Simana, CEO of the Israel Venture Capital (IVC) research center, which conducted the survey together with the KPMG Somekh Chaikin accounting firm, "The foreign investors and others complete the companies' funding needs."
Part of the vote of confidence in the Israeli high-tech could be attributed to the recent acquisitions of Israeli companies by international firms, which generated a particularly high return for investors.
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