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Yozma Group screens on an ongoing basis a sizeable amount of
investment opportunities. The Group believes it has access to
deal sources unavailable to other Israeli venture funds. This
distinct advantage is reflected in numerous portfolio companies
in which Yozma is the first and/or the only Israeli venture
capital investor. Sources contributing to the proprietary deal
flow and the unique standing of Yozma in Israel include: |
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Brand Awareness
of Yozma as the Creator
of the Israeli Venture Capital Market |
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The Group's contribution
to the creation of a professionally managed venture capital
industry in Israel has generated a strong brand recognition
for Yozma as a top-tier, value-added, and dominant player. As
a result of Yozma's activities in the past decade, there is
a substantial network of angel investors, industry-insiders,
lawyers, consultants, government agencies, press, and academia
that recognize Yozma's unique standing in Israel. |
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Formal and
Informal Links to Israel's Leading Technological Academic Institutions |
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Over the past decade
the Yozma Group has developed close working relationships with
several of the leading academic institutions in Israel. Some
of the most promising companies in the portfolio of Yozma have
come directly from these institutions. Yozma's partnership with
the academic institutions in Israel started when Mr. Erlich
established the Generic Technology program in order to foster
cooperation between technology companies in the private sector
and research institutions and universities worldwide. Yozma
has a Director on the Board of Directors of Hadassit (The Hebrew
University's Hadassah Medical Center commercialization company),
and has contributed significantly to the Board of the Technion
Research and Development Co. Ltd., a subsidiary of the Technion
Institute of Technology - Israel's leading technological and
scientific academic institute. Examples of portfolio companies
that came to Yozma through this channel include: Paragon
Communications and Predix
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Working Relationships
with Top-Tier International Venture Funds |
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A key part of Yozma's
strategy to maintain its competitive edge is to strengthen its
network of peer venture funds in the US and Europe. The Group
is then able to augment its internal capability to assess potential
investments and add significant value to its portfolio companies
post investment. In particular, the network of peer funds supports
portfolio companies in their effort to establish presence outside
Israel. Some of the venture funds with which Yozma is developing
working relationships are: Draper Fisher Jurvetson, Morgan Stanely
private equity, OrbiMed, Sequoia Capital, Skypoint Capital,
Intel Venture and Infineon Venture. Yozma maintains direct person-to-person
contact, and open-channel communications with its network. |
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Office of
Chief Scientist |
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Prior to founding
Yozma in 1993, Mr. Yigal Erlich was the Chief Scientist of the
state of Israel between 1984 to 1992. In this capacity, Mr.
Erlich and Mr. Boaz Goldcsmidt who worked with him, supervised
investments in hundreds of startup companies, overseeing the
allocation of more than $750 million towards technology companies.
As a result, the core Yozma team gained a reputation for excellence
nationwide and became intimately familiar with most of the key
players in the local industry. This is one of the factors that
helped create a brand name recognition for Yozma in Israel and
a superior deal flow. |
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A Network
of Technology Incubators |
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The Yozma Group
has developed tight links with a wide network of more than twenty
technology incubators spread throughout Israel. The close working
relationships with the incubators is a natural continuation
of the active role Yozma's senior members took in establishing
the Israeli program of Industrial and Technology Incubators
which employed over 1,500 scientists in 300 projects nationwide.
As a result, the Group has been able to scan the incubators
on an ongoing basis and cherry-pick promising business opportunities. |