CreditEase Israel Innovation Fund (CEIIF) Ranks Second Most Active Chinese Investment Institution in Israel
BEIJING, Nov. 14, 2018 /PRNewswire/ -- IVC Research Center, a world-renowned Israeli venture capital research institute, released a list of the most active Chinese investment institutions in Israel's high-tech venture capital market in the first three quarters of 2018. CreditEase Israel Innovation Fund (CEIIF) is ranked the second on the list, next to Horizons Ventures. The list represents an array of well-known Chinese investment institutions, such as Horizons Ventures, Alibaba Investment and Radiant Venture Capital. CEIIF's presence together with these well-known investment institutions demonstrates the outstanding capability of CEIIF's team in project acquisition and funding.
CEIIF, established in 2015, has completed two rounds of fund raising with a total size of USD 76 million, including RMB 200 million for round one, and USD 45 million for round two. CEIIF has invested in 20 high-tech start-ups in Israel. Currently, our projects are found in, among others, Corephotonics, a mobile phone dual-camera algorithm technology company, EarlySense, a digital medine company (one of the five Israeli high-tech companies visited by Chinese Vice President Wang Qishan during his visit to Israel in October), WeedOut, a biotechnological company, and Kaminario, a big data storage technology company, engaged in fields ranging from digital medicine to artificial intelligence, network communication security, agricultural technology, cloud and data storage, etc. Many of these companies have the potential for growing into unicorns.
About CEIIF
CEIIF, established in 2015, has completed two rounds of fund raising with a total size of USD 76 million, including RMB 200 million for round one, and USD 45 million for round two. CEIIF has been mainly engaged in investment in high-tech start-ups in Israel and/or the US.
About CreditEase
CreditEase is a leading FinTech company in China, specializing in inclusive finance and wealth management, in addition to payment technology, marketplace lending, crowdfunding, robo-advisory, insurance technology and blockchain products and services. CreditEase actively engages with global FinTech innovators through business incubation, commercial co-operation, and investment. Better tech, better finance, better world.
About IVC Research Center
The IVC Research Center is Israel's premier online data source for accessing all kind of information relating to Israel's technology industry. Updated in real time, the platform offers a vast range of collected data which includes insights and research on Israel's high-tech industry, key market trends and information on the market's leading players, startups, and venture capitals. The IVC offers its services to a large clientele-base ranging from strategic and financial investors to professional service providers, business corporations, governmental bodies, academies, research institutions, startups, and entrepreneurs. The IVC's mission is to provide unique exposure, in-depth data and insights on Israel's high-tech ecosystem and by doing so, help its range of users to successfully make rational, intelligent decisions when facing business goals and decision relating to the Israeli high-tech sector. Serving a wide range of local and global clients that include both leaders and innovators from Israel's high-tech investment community, the IVC is comprised of a dedicated team of industry researchers and analysts with deep knowledge and longstanding hands-on experience within Israel's high-tech environment.
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SOURCE CreditEase
