Apple confirms acquisition of Israel’s PrimeSense for $345M
Apple continues its shopping spree in the Start-up Nation – this time it’s motion recognition startup, PrimeSense. Apple’s $345M acquisition has a dash of irony, as PrimeSense was a major part of Microsoft’s motion recognition platform, Kinect. The Israeli technology is expected to play a key role in Apple’s highly anticipated iTV and iGadgets. To read more about yet another Israeli startup to exit in 2013, click here.
OurCrowd In The News
OurCrowd’s CEO Jon Medved featured on Bloomberg TV
The Trendlines Group launched an OurCrowd-powered online investment portal for four early stage companies featured on the recent Trendlines-OurCrowd roadshow. The portal uses OurCrowd’s crowdfunding approach to investment to open the four Trendlines companies’ rounds to investors looking to commit $10K and up, where Trendlines companies traditionally required larger commitments. To check out The Trendlines Group investment portal, click here
Technology Corner
Israeli technology develops super crops
Israeli agro-biotech startup, Kaiima is developing next-generation super crops. By using genome multiplication, Kaiima plans to increase crop yield potential, improve water-usage efficiency and fortify the crops against harsh environments. With an all-star cast of investors including Li Ka-shing, Kaiima plans to change the way crops are grown around the world. To find out more, click here.
If you’re an accredited investor and interested in investing in some of Israel’s most exciting startups, please register at OurCrowd
Trending Israeli Entrepreneurs
One-on-One with father of the DiskOnKey, Dov Moran
Dov Moran is one of the most prominent Israeli entrepreneurs: his most famous success, M-systems, introduced the USB flash-drive (also known as the disk-on-key) and was eventually purchased by Sandisk. In a one-on-one interview, Moran describes how one must be prepared to fail on the path to success. To read more, click here.
Israel’s CyberArk to IPO at a $500M valuation
That’s right, another Israeli company is getting ready to go public. This time it’s cyber-security co., CyberArk, who’s looking to raise $150M on the stock market at a half a billion dollar valuation. To read more about CyberArk’s future plans, click here.
Investing in Israel’s natural gas industry
Israel is not known for its abundance in natural resources. In the past couple of years, however, more and more natural gas fields are being discovered on the Start-up Nation’s front porch (aka, the sea). OurCrowd’s Dani Forman gives a closer look of the Israeli natural gas industry in a blog post here.
OurCrowd’s News Nuggets
Israel’s IceCure has successful trial in lung cancer treatment (NoCamels)
Translate your website easily using Israel’s Bablic (GeekTime)
