jewishbusinessnews.com | March 15, 2016
Axis Innovation Showcases 25 Israeli Startups To Invest In
VCs and corporate investors are taking part in Tel Aviv event aimed at facilitating deals between global financiers and Israeli startups.
Axis Tel Aviv gets underway today and the local high-tech scene can expect new investing announcements at the end of the two-day event. The March 15-16 event, taking place at the Peres Center for Peace, will display 25 of Israel’s most promising startups in which to invest for venture capitalists and corporate investors from abroad.
“Israel’s incredible advancement and innovation in the high-tech space has brought a huge demand of investment from all over the world. Through screenings and real vetting, we try and make it easier for both parties by providing an ideal platform for investors and startups looking for the next great thing, ” said Ed Frank, CEO of Axis Innovation.
A total of 50 speakers from 15 countries are taking part in the Tel Aviv event. The participating startups are from fintech, cyber security, community, mobile, and big data areas of the market.
VC icons like Dixon Doll will be in attendance as a keynote speaker and to learn more about the Israeli startup ecosystem. Doll has invested in 10 unicorn startups (companies that exceed a billion dollar valuation) and is also the former chairman of the US-based National Venture Capital Association.
Garvis Toler, Head of Global Capital Markets with the New York Stock Exchange, is also in town. Toler will talk about the value for Israel’s startups going public on the NYSE and how today’s corporate leaders see Israel as one of the leading startup ecosystems around the world.
“We’re honored to have the NYSE join us this year. So often Israeli companies look for a quick exit. First-hand knowledge of companies from abroad going public on the NYSE will be invaluable for startups, ” said Frank.
Axis Tel Aviv will also highlight Israeli-German startup cooperation in light of over 50 years of diplomatic relations. A Bavaria Lounge will host some of the hottest German startups looking to partner and share innovation with the local startup ecosystem. Of course, there will also be lots of beer on tap at the lounge area to help prompt deals.