It takes an average 6 years for Israeli firms set up after 2008 to reach $1 billion valuation vs 15 years for Israeli startups set up between 1999 to 2008: Catalyst
IAI's subsidiary Elta and Soroka will set up joint innovation center for medical tech where doctors and defense engineers will brainstorm and seek out solutions
Calcalist: Newly set up Rapyd Ventures to work with startups after their seed round and through Series B funding; focus will be on identity and risk management solutions & payments
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