The Australian Department of Industry, Innovation and Science has announced the opening of the Global Connections Fund (GCF), a key component of the Global Innovation Strategy under the Australian Government’s National Innovation and Science Agenda. The GCF will enable researchers and small to medium enterprises (SMEs) from the priority economies identified in the Strategy to […]
Category: News
The Kuang-Chi GCI Fund & Incubator will be based in Tel Aviv and will invest in early to mid-stage Israeli and global companies. As reported in Globes; Chinese corporation Kuang-Chi is launching an international innovation fund based in Israel to invest in companies worldwide. The “Kuang-Chi GCI Fund & Incubator” will be the first Chinese […]
Company founders will pay 25-30% tax on the sale of their shares, instead of 48-50% in improved terms offered to high tech companies. As reported in Globes; The Israel Tax Authority is putting taxation on exits in order, after a period of uncertainty about taxes on the sale of shares in startups, following different rulings […]
During the first three months of the year, 173 Israeli startup and high-tech companies raised a whopping $1.09 billion, a 9 percent increase over the first quarter of 2015, in which 162 companies raised roughly $1 billion, according to a report released by Israeli research firm IVC Research Center and Israeli accounting firm KPMG Somekh […]
Another Israel-based company is floating on the Australian Securities Exchange (ASX) via a reverse listing. Perth based Drake Resources has expanded its business activities from mining to technology with the acquisition of Israeli based cyber security form Genome Technologies Ltd for A$11,000,000. Genome Technologies mitigates cyber threats by focusing on an organisation’s and the risks from a […]
With medical technologies as a focus of the New South Wales Premier’s Trade Mission to Israel last week, a partnership in cellular genomics research has been established between Sydney’s Garvan Institute of Medical Research and Israel’s Weizmann Institute. The Garvan-Weizmann Centre for Cellular Genomics will be housed in The Kinghorn Cancer Centre in Darlinghurst. The research facility will […]
An official signing ceremony between the Government of the Australian State of New South Wales (NSW) and the State of Israel on a joint industrial R&D agreement took place in Tel Aviv last week. The goal of the agreement is to establish a mechanism of cooperation with parallel funding for companies from both countries conducting joint […]
Another Israeli company is listing on the Australia Stock Exchange through the back door from a reverse takeover by Victory Mines. Israeli Fitbit competitor Milestone Sport offers a MilestonePod sensor which attaches to the user’s shoe. The small device collects data such as foot strikes, cadence, stance time, rate of impact, as well as the regular […]
Israeli video optimization company Beamr has raised $15 million in a financing round led by Disruptive Growth and with the participation of previous investors Marker LLC and Eric Schmidt’s Innovation Endeavors. Original article published in Globes; Beamr is also acquiring video conversion tech firm Vanguard Video to bolster its line of video encoding, media compression […]
Prime Minister Benjamin Netanyahu and Vice Premier Liu Yandong met at the Israeli Foreign Ministry in March; parties agree that free-trade agreement will mutually benefit each other’s economies. Prime Minister Benjamin Netanyahu expressed gratitude and appreciation to visiting Chinese Vice Premier Liu Yandong for her determination and commitment to complete a free-trade agreement with Israel […]
