Last updated February 22nd 2015
Promising Israeli late-stage startups will strut their stuff before investors and global thought leaders at the seventh annual Israel Dealmakers Summit in New York, March 24-25, 2015 — an invitation-only conference on technology, trends and innovations shaping key sectors including digital media, mobile and wireless, cyber-security, smart cities, enterprise software, health and wellness, Internet of Things (IoT) and big data.
The summit’s Innovation Showcase “speed networking” platform will set the stage for one-on-one relationship-building meetings with investors.
“We launched this summit in direct response to US and global dealmakers’ desire to tap into Israel’s leadership in innovation,” said Zeev Klein, general partner of Landmark Ventures, which organizes the yearly summit in partnership with the Israel Ministry of Industry and Trade’s Investment Promotion Center.
“Over a two day period, we will facilitate more than 2,500 meetings between entrepreneurs and high-level dealmakers.”
Last year, the Israeli augmented-reality innovation company Eyeway Systems won a $5 million funding package after presenting at the summit.
Meanwhile, a “Power Breakfast” was held at the newly opened Israeli Business Center in Shanghai on February 12 to showcase Israeli startups specializing in mobile and Internet technology.
The event was held in cooperation with GWC, the umbrella organization of Chinese Internet and mobile companies, which also sponsors the annual Global Mobile Internet Conference (GMIC), this year set to be held in Beijing in April.
Israel broke new ground at the 2012 GMIC when Israeli company Visualead was chosen the most promising startup. The company later opened offices in Shanghai and this January became the first Israeli company to raise funds from Chinese Internet giant Alibaba (http://www.israel21c.org/headlines/over-900-million-in-one-week/).
Representatives of Israeli companies with significant activity in China made presentations at the Power Breakfast — including executives from Supersonic, Visualead and ironSource – before 40 senior Chinese executives.
“This is the first event of its kind at the Israeli Business Center in Shanghai, which was inaugurated last November,” said Elad Gafni, Israeli trade attaché to Shanghai from the Foreign Trade Administration. “Beyond the great potential of this event for Israeli web and mobile companies, it is also an opening shot for similar events in other fields where there is potential for cooperation with China.”
According to the Foreign Trade Administration in the Israeli Ministry of Economy, in 2014, trade between Israel and China reached $11.14 billion.