JTA NEWS
19 November 2017 - 1 Kislev 5778 - א' כסלו ה' אלפים תשע"ח
JTA NEWS :
Trendlines launches technology incubator in Singapore E-mail

One of the first Israeli companies to be listed on the Singapore Stock Exchange, Trendlines, an Israel-based venture capital firm and incubator, has launched its technology incubator in Singapore.

The incubator will deal mainly in medical devices, and will integrate ideas from doctors and research institutes in Singapore with ideas from Israeli concerns and Trendlines’ know-how in development of the ideas for startups. The startup companies will be founded in Singapore, and most of the capital invested in them will come from Singapore.

At the launch ceremony, Trendlines co-chairman and coCEO Steve Rhodes said: “In the past 10 years, in Israel we have built a model for incubators that has proven and is proving itself. Now is the right time to export it.”

Trendlines’s market cap is US$55 million. One of the reasons for launching the incubator is to strengthen the company’s local connection with Singapore and its connections with local investors. The CEO of the incubator will be Eric Loh.

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