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News & Events20/10/2009 AquAgro Fund announces its investment in Impel Microchip Ltd.Impel is developing cost-effective photovoltaic solar panels. Inexpensive optical systems replace photovoltaic material and concentrate the sunlight on small yet more effcient photovoltaic cells. This technology has not been widely used because of the expensiveness of photovoltaic material and the complexity of peripheral system components. more 15/10/2008 AquAgro Fund announces its investment in TransBiodiesel AquAgro Fund announced today the closing of its invstment in TrasnBiodiesel, an Israeli company specializing in enzymatic production of biodiesel from plant oils, animal fats and recycled greases. The company was founded by Dr. Sobhi Basheer, a renouned enterpreneur in the field of enzymatic chemistry. Evogene and Monsanto-Collaboration on Yield and Stress 28/08/2008 The international seeds company Monsanto announced that it would be investing $ 65 million in Evogene in stages. Initially, Monsanto will invest $18 million for 13.5% of Evogene. This implies a company valuation of $133 million (~3.50Xthe value at whichAquAgro fund invested 4 months earlier). Monsanto has an option to buy shares for another $12 million, at a higher value, if Evogene meets certain commitments. In addition, Evogene will receive some $35 million as an advance payment and in annual research payments for carrying out research for Monsanto. more Evogene announces $2,000,000 private investment by AquAgro venture fund Rehovot, Israel ג€“ April 30, 2008 ג€“ Evogene Ltd. (TASE: EVGN) today announced that AquAgro fund L.P, a venture capital fund focused on innovative water, agriculture, food and alternative energy technologies will invest $2,000,000 in the Company in a private placement. AquAgro will acquire 1,107,700 newly issued ordinary shares at a price of 6.5 NIS ($1.86) per share, and will in addition receive 651,584 warrants to purchase 651,584 ordinary shares at a price of 11.05 NIS ($3.16) per share. more AquAgro invests in electricity monitoring company Computerized Electricity Systems aims to prevent blackouts during peak hours. Merav Ankori 12/3/2008 B. Gaon Holdings Ltd. (TASE: GAON) cleantech fund AquAgro Fund has made its second investment, investing $3.75 million in Computerized Electricity Systems Ltd. (CES). AquAgro declined to disclose the company value for the investment, but market sources believe that it was more than $10 million, before money. CES's technology aims to replace the household electricity box, enabling the electricity utility to reduce the supply on the grid during peak house in a uniform and equitable way for all customers. The technology aims to avoid initiated blackout and brownouts of whole neighborhoods and areas during peak hours that exceed a utility's power production capacity. more AquAgro Fund makes first investment Advanced Desalination Technologies has apparently completed a pilot project. Merav Ankori 29/1/2008 AquAgroFund, a cleantech fund of Gaon Agro Industries Ltd. (TASE: GAT) has made its first investment. Sources inform ''Globes'' that it is investing $4 million in Advanced Desalination Technologies Ltd. at a company value of a few million dollars. The investment is in several tranches. Advanced Desalination Technologies has reportedly completed a pilot at a municipal facility. Desalination and improving wells are two fields where every saving is essential, and the company's reverse osmosis technology is designed to greatly improve the efficiency of desalination. more Cleantech with a difference Venture capital funds are now turning their attentions to the cleantech industry, and setting up designated funds to invest in it. One such fund is AquAgro. "Globes" heard more from its managers, Nir Belzer and Hillel Milo. Merav Ankori 21/2/2008 Leading Israeli venture capital funds, those which have always invested exclusively in technology, are now beginning to invest in cleantech companies. One might say that for the time being, they are just testing the water, but have not yet got themselves wet. This is a complex field and funds like these don't always have much to contribute to cleantech companies aside from money. At the same time, Israel has also seen the launch of designated funds focusing on cleantech, which invest principally in service companies, or products designed to offer water solutions, or reduce energy consumption and pollution. more |