Israel Delivers: TechnoSpin, Gizmox, Endogun, Applicure

Today Israel’s innovators made all kinds of headlines from cleantech to medical devices to software security.
Let’s start with TechnoSpin. The four year old startup has raised $8 million from US VC 21 Ventures. They develop and produce rotors for small wind turbines which, it claims, are cheaper to produce and more easily assembled than competitor’s [...]

$20M for Provigent in Fourth Round of Financing

Provigent, a leading provider of System-on-a-Chip (SoC) solutions for the broadband wireless transmission market, announced today that it has increased its fourth round of financing to $20 million.
The privately-owned company, which was founded in Israel in 2000 but is now headquartered in the U.S., makes products that “enable system vendors to rapidly develop cost-effective high [...]

Siverge Partners With IBM on Powerful Processor

IBM is certainly taking advantage of the lightspeed innovation happening in the Israeli tech world. Herziliya-based Siverge Networks has told EETimes that it is collaborating with IBM on the development and production   of a convergence processor, codenamed Griffin. The chip will be available in the second half of this year, and will be sold to companies [...]

Teuza Planning to Raise $120M for New Projects

Teuza - A Fairchild Technology Venture Ltd., is a publicly-traded fund founded in 1992 and headqaurtered in Haifa which invests primarily in venture companies active in the fields of software semiconductors, communications, electronics and medical equipment. According to Globes it “plans to raise a $120 million follow-on fund having fully invested its [...]