Ramot Tel Aviv University Ltd secured USD17 million in funding for its Technology Innovation Momentum Fund, which will invest in breakthrough technologies in various industries.
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An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
The fund formerly known as Genesis Angels supported startups like Sirim, StoreDot Ltd and other chosen, early-stage startups in Israel via a combined investment of USD34.5 million.
IVC with KPMG worked to draft a report on the progress of venture capital investments in Israel.
Perion Network's share prices declined as the promised premium for the merger was lost.
China-based Bright Food Group has planned to buy a stake in Israel's Tnuva Food Industries.
Sequoia Capital raises US$1.1 billion of funds from five new ventures in Israel, China and the United States.
An IVC Research Center report reveals a dip in Israeli investments and KKR's influence in private equity in the country.
High-tech firms in Israel raise US $493 million in venture capital during the second quarter.
The currency of Israel depreciated by almost US$0.6 last week.
Despite an Israeli minister's denial of an economic boycott, an Israeli newspaper said that "an economic tsunami" is heading to the country.
A limited number of Palestinian prisoners were released by Israel today.
According to a report from Calcalist, Apple was in talks to purchase Israel's 3D vision chip developer, PrimseSense, for US$280 million.
Reports state that private equity investments in Israel in the first half of 2013 have dropped by as much as 50%.
Tnuva Food Industries stated it could go public to improve the company's capital structure.
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