Invest-IQ

Israel-based Pops, the Android apps developer, has bagged a USD 1.5 mln round of funding from Mangrove Capital Partners. Mangrove has already invested into Israel’s tech market through Wix and SohoOS, and this last investment has put them on the fast track in Israel’s technology market. Pops (getpo.ps) Pops is essentially an Android applications developer [...]

The newly formed VC company Giza Polish Ventures has invested in a three-year old audio book portal called Audioteka.pl, which currently markets a range of audio books in Poland. The company’s fund requirement at the moment is to aid their expansion into Bulgaria, Romania and Hungary. Though Giza Polish Ventures was intended to support start-up [...]

Giza Polish Ventures, the investment world’s first Polish-Israeli VC fund, has been set up in Warsaw to invest in early stage technology companies.

Access Industries has recently posted nearly all of the $9.5 million raised by GetTaxi in a recent round of funding. It is believed that the founder of Get Taxi, Shahar Smirin accounted for the remainder of the funding. Get Taxi (www.gettaxi.com) Get Taxi was originally founded in 2010, operating in Tel-Aviv, Israel as a taxi [...]

Future Simple, the Chicago-based but Israeli founded startup providing software solutions aimed squarely at the needs of small business, recently announced the close of a successful round of financing which raised USD 1.1 million. Leading the round was Chicago’s OCA Ventures; they were joined by the I2A Fund and an unknown number of angels. The [...]

Israeli VC firm Giza Venture Capital has announced a new fund aimed at expanding its European presence, primarily in Poland. The new fund has already raised some €21.68 million – a surprising number given the fact that venture capital fund raising in Israel was non-existent in 2010. Giza has opted to expand into Europe because [...]

Face.com, an Israeli company specializing in face recognition software, has raised USD 4.3 million in series B funding to continue development of its core business. Rhodium led this second round with additional investment from Russian search engine, Yandex, and a number of private investors. Rhodium was part of a first round, along with angels Yariv [...]

After almost four months of negotiations with AOL, Digital Sky Technologies announced on 28 April they have reached a deal with the online to giant acquire ICQ for USD 187.5 million. As the leader in instant messaging in Russia, ICQ represents an opportunity for DST to strengthen its market position by providing a large new [...]

The Riverside Company has acquired Novamed Ltd., an Isreali microbiology and infectious disease testing company. Novamed is an add-on to Riverside platform company Diatron, a Hungarian manufacturer of haematology analyzers and reagents. Novamed Ltd. (www.novamed.co.il) Novamed, founded in 1996, has self-developed its range of products in the field of clinical diagnostics with particular focus in [...]