JTA NEWS
15 October 2018 - 7 Heshvan 5779 - ז' חשון ה' אלפים תשע"ט
JTA NEWS :
Israeli companies pitch to investors in China roadshow E-mail

Fifteen Israeli companies from the life sciences and information communications technology (ICT) sectors took part in a roadshow to China in November as part of a delegation organised by the Israel Innovation Authority together with the Chinese Ministry of Science and Technology.

Chinese investors, who visited Israel in July and took part in a preliminary pitching event organised by the Israel Innovation Authority, selected the participants from 40 companies. More than 160 Israeli compa-nies had signed up to pitch their technologies to the investors. The 15 Israeli companies selected were thought to have the technologies that are most interesting for and relevant to the Chinese market.

During the roadshow, the Israeli companies visited Changzhou in Jiangsu Province, Shanghai and Beijing and held more than 100 business-to-business B2B meetings to promote various forms of co-operation. In Changzhou and Beijing, the companies also took part in pitching events, presenting their products and technologies to dozens of investors, investment groups and companies such as conglomerate Fosun International, VC fund Ping An Ventures, private equity firm Go Capital and Sanpower Group.

The pitching events in Changzhou and Beijing were competitions, and in each location three Israeli companies won a modest monetary award.

The winning companies in the life science competition in Changzhou were Brainsway, which is developing a medical device to treat obstructions in the brain; Vectorious Medical Technologies, which uses a miniature wireless sensory im-plant to measure pressure on the heart’s left artery, enabling the monitoring and management of patients with congestive heart failure, and OrthoDrill Medical, which has developed a technology to enable fast, easy and safer orthopedic drilling procedures for bone operations.

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