VLX Ventures News
3 articles
https://www.jpost.com/jpost-tech/vlx-start-up-greenhouse-offers-bug-eyed-ice-cool-technology-innovation-644182
VLX Ventures has decided to invest in Omnix, a company that focuses on combating antibiotic resistant infections. VLX Ventures believes that the insect-based technology used by Omnix to kill infections is a game-changer. VLX Ventures mainly invests in pharma, AI, and Computational Biology, but they saw potential in Omnix and decided to invest. The article also mentions another company called Icebow, which offers ice cubes with a company logo at their core and provides an energy-saving solution for producing ice. VLX Ventures emphasizes the need for more investments in the hi-tech sector in Israel, as the country is currently in the quiet before the storm of the COVID-19 recession.
Investment
You can't sit and wait for life-science startups to come to you, you have to create them
VLX Ventures, an incubator based in Jerusalem, is focusing its investment strategy on biotechnology, pharma, and Artificial Intelligence, particularly in the field of digital pharma and computational biology. The CEO of VLX Ventures, Ori Choshen, emphasizes the importance of incubators in supporting early-stage life sciences companies, as there is limited funding available for them. VLX Ventures has 10 companies in its portfolio and receives investment from CBG, a British investment firm. Choshen highlights the challenges of finding good investments in the life sciences sector and the need to create companies from scratch. VLX Ventures is actively seeking ideas in academia and collaborating with scientists, professors, and doctors to develop solutions. The article also mentions Pyxis Diagnostics, a startup founded by VLX Ventures, which is working on identifying predictive biomarkers for cancer immunotherapy using machine learning algorithms.
InvestmentExpand
Telefonica to collaborate with Israeli incubator VLX
Telefonica will collaborate with the VLX Ventures technology incubator and invest up to $1 million in projects related to digital communications. The collaboration will focus on video, cloud computing, big data, Internet of things, smart homes, wearable technology, and future communications. Telefonica has been active in Israel since 2010 and sees the country as a perfect place for potential investment.
InvestmentPartners
