Israeli-based companies show off their tech for investors in Tampa

Tuesday was demo day for 11 companies in the 2019 cohort of the Florida-Israel Business Accelerator.Top executives from each of the Israel-based firms made their business cases to a group of investors gathered at Five Labs in Tampa. About 100 investors from Tampa-St. Pete, Orlando and Sarasota attended in person, with a larger audience on a live stream on YouTube, said Rachel Feinman, executive director of FIBA.It’s the third cohort of companies for FIBA, established by the Tampa Jewish Community Centers & Foundation and based Continue reading →

Overseas firm working with area accelerator nets $1 million investment

TAMPA — Israeli medical device company UC-Care, part of the Tampa-based Florida-Israel Business Accelerator’s 2018 cohort, has landed a $1 million investment from Florida Funders, a group that backs early-stage tech companies in Florida.According to a press release, Tampa-based real estate developer and FIBA board member David Scher led the funding effort.“I’m always interested in innovative technologies from Israel,” Scher states in the release. “The UC-Care technology for better diagnosis of prostate cancer was interesting to me personally and as an investment vehicle. Thanks to Continue reading →

FIBA company gets $1 million from Florida Funders

After bringing 28 companies to the state over three years, the Florida-Israeli Business Accelerator program in Tampa Bay has gotten another investment success story.UC-Care, a medical technology company that was in FIBA’s 2018 program, received a $1 million investment from Florida Funders through a joint ventureon Wednesday.“We are here to help fund the next generation of Florida tech companies,” said Saxon Baum, director of business development at Florida Funders in a statement. “Being able to partner with FIBA and bring truly amazing Israeli companies to Florida is Continue reading →

Tampa real estate developer sparks USF, FIBA, Tel Aviv University collaboration

Backers of a collaboration between University of South Florida, the Florida-Israel Business Accelerator and Tel Aviv University expect it to lead to an improved quality of life for an aging population.USF, FIBA and TAU signed a memorandum of understanding Wednesday. The MOU is designed to ensure the communication and coordination needed to implement so the three organizations can work together on research and development of technologies, analytically-based solutions and companies focused on major problems of aging.The MOU is not a commitment to specific projects or Continue reading →

Silicon Valley or New York: for Many Israeli Startups This Is No Longer the Question

Israeli startups find attractive landing pads in the U.S. outside the major tech hubs, in cities such as Detroit, Tampa, and Atlanta. The Bay Area or New York— many Israeli startups looking to enter the American market have grappled with the question of where to set up shop. New York has made considerable strides building a robust ecosystem to support startups and tech talent. These include the creation of the Global Cyber Center initiative that plans to make New York the global center for cybersecurity and Continue reading →

Silicon Valley exec moves to area to offer advice

The Florida-Israel Business Accelerator has made great strides since being formed in 2016 by the nonprofit Tampa Jewish Federation and Community Centers as a way to help Israeli entrepreneurs and tech companies get a foothold in the United States.Sixteen companies have participated in Tampa-based FIBA’s Launch Program, with one of them, protective gear maker StemRad, making Tampa its U.S. headquarters and attracting $6 million in investment led by Tampa Bay Lightning owner Jeff Vinik. Another, WeissBeerger, a beverage consumption analytics company, was acquired last year by Continue reading →

Israeli firms focused on food waste, drone detection, construction among the FIBA class of 2019

Oded Omer’s previous company struck an eight-figure deal when it took part in the Florida Israel Business Accelerator in Tampa in 2017. Now, Omer is back at FIBA with a new company, Wasteless, and a big idea to reduce food waste at supermarkets. Wasteless is one of 12 companies selected for FIBA’s 2019 Launch program, which got underway earlier this month. The 12 Israeli companies, with technology to address the retail, security, construction and healthcare sectors, have collectively raised $35 million and are looking to Continue reading →

Exclusive: Meet the 12 Israeli startups looking to make a mark in Tampa Bay

The Tampa Bay area will soon play host to a dozen tech companies looking to make their mark not only in their industries but in the region. The Florida-Israel Business Accelerator will be taking 12 Israel-based companies as part of its third cohort. The number is a jump from its usual eight companies per year, after officials saw applications for the accelerator double.“I think we bring this global flavor,” said Rakefet Bachur-Phillips, FIBA director of marketing and strategic partnerships. “There are many great organizations that focus on Continue reading →

Former leaders from Microsoft, Roche, Catalina among new executive advisors at FIBA

Twelve Israeli companies coming to Tampa this year to learn more about doing business in the United States will have a high-profile team of executive advisors.Corporate leaders who helped grow companies such as Microsoft (Nasdaq: MSFT) and Roche Diagnostics will work with the Israeli companies while they are part of the 2019 cohort in the Launch program at the Florida-Israel Business Accelerator, a Tampa nonprofit that serves as a catalyst to bring new technologies and jobs to the U.S. and to Tampa BayThis is the Continue reading →

We’re ready for you, 2019!

It’s safe to say that 2018 was an incredible year for the FIBA team. It seems the theme we are bringing into 2019 is “doubling”; we are leaving 2018 and entering 2019 with double the amount of applicants, double the amount of selected companies, and thus, double the amount of employees! We hit the ground running recruiting for our 2019 Cohort this past October and were accelerated by the addition of a liaison in Israel, Ron Kimhi. With our growing network of advisors and subject matter experts Continue reading →