On March 29, the Israel Economic Missions in NYC and San Francisco teamed up to host a delegation of Israeli “Internet of Things” companies. The eight companies had developed mostly consumer facing solutions, including a smart devices for tracking your family, cyber protection for your home, and technologies to help customers and citizens interact with their environment.
|“Internet of Things” delegation from Israel:
The Israeli IoT “conference” was a special activity adjacent to the concurrent Israel Dealmakers Summit, an annual gathering organized by Landmark Ventures and the Israeli Ministry of Economy. The Israeli IoT companies benefited from over 99 one-on-one meetings with relevant investors and strategic partners during a 3.5 hour period, 70-80% of which were booked in advance. During the conference, our Israeltech companies were solidly booked and pre-occupied with their meetings, with barely time for breaks. They met with a variety of investors, from angels to corporate VCs.
The 2016 Israel Dealmakers Summit, which took place concurrently with our IoT conference, was held in San Francisco after several years in New York. The west coast version of Dealmakers was considerably smaller than the NYC events, though in a way, more focused. Unsuprisingly, the audience in attendance had a heavier representation from the technology world, specifically in corporate development, R&D and investment. One highlight at the summit was phenomenal panel featuring Israeli GMs of multinational companies, speaking to the strengths, weaknesses and challenges of working with Startup Nation talent and innovation. In general, there was a “great energy and noticeable buzz” in the air with serious business and dealmaking.
In attendance was a considerable delegation from the Israeli Ministry of Economy, and Director General Amit Lang was among the presenters. Among the many sessions at the summit was a panel on how the Israeli government is sponsoring programs to support investment and innovation. Overall, we’d like to congratulate Landmark Ventures on another phenomenal event.
For more information about investing in Israel or about our IoT delegation, contact Erik Blumberg.