European and Israeli Companies - Tornado Insider. Inversores :: Investors &  VCs

European and Israeli Companies - Tornado Insider


Fecha Viernes, marzo 12 @ 14:41:02
Tema Inversores :: Investors & VCs


€54.7 million venture capital funding went to 9 European and Israeli companies during the past week

LONDON, 09 March 2004.- For the second week in a row, the biotechnology & healthcare sector received the majority of the total funding. €34.4 million (63 percent) were invested in 4 companies. A €25 million second round investment went to CareX, a French biotechnology company founded in 2001 and specializing in the development of treatments for metabolic diseases. This is the fourth largest investment recorded by Tornado Insider in 2004.

Four of the nine companies this week received either seed or first round funding. The medical device biotechnology company, Beta-O2, received €1.6 million seed capital from Vitalife and Heznek, and will shortly establish offices near Petach Tikva in Israel. The three companies receiving first round financing are Bionexis (France), AnaFocus (Spain) and Kalysis (Spain).

Kalysis gears up for international growth

This investment is to fund the company’s growth in product development and support
international sales efforts. Diego Antona Archilla said, “We have opportunities for projects
with both public and private organizations in the US and Mexico.”

The Spanish company provides various services that address the needs of secure Internet
payment using smart cards. Kalysis offers a patented multiplatform technology that enables
secure payment using a special reader that connects to a PC, PDA or mobile phone. As well
as products and software, Kalysis also provides consulting services for organizations
implementing authentication and digital signatures.
Tornado Insider / Deals in Europe Report
Related: Kalysis in Tornado Insider: Europe's high-tech company profiles
Este artículo proviene de Kalysis Community
https://kalysis.com/content

El URL de esta nota es:
https://kalysis.com/content/article.php?sid=462


English Translation