Songo Media raises $3m from IBI High Tech

IBI High Tech Mutual Fund announced that it would invest NIS 11 million ($3 million), less than 3% of its assets, in the Songo Media group. The fund has invested a total of NIS 14.5…

Digital diagnostic lab co EfA raises $900,000

Israeli digital health technological incubator eHealth Ventures has announced the acceptance of its 8th portfolio company - Engineering for All ("EfA"), managed by Yoel Ezra, an elite IDF technology unit veteran with many years of…

HeraMED raises NIS 16m in Australian IPO

Israeli company HeraMED successfully completed its IPO on the Australian Securities Exchange (ASX). HeraMED has developed a small monitor for home use designed to track fetal heartbeats. The device, which is connected to a smartphone…

IAI chairman: At this rate well collapse in…

In a rare public statement Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) chairman Harel Locker has been making pessimistic comments about the state of the government-owned company. He said, "If we carry on like this,…