SNÉ, Israel’ Technology Transfer Company, has closed a $2.5 million financing round from Arieli Capital, a venture capital fund which is currently in a process of being established, and managed by Eric (Ariel) Bentov. This is the first significant external financing round by SNÉ, which was selected by the Council of Higher Education in Israel (CHE) as the preferred provider of intellectual property commercialization services for all academic colleges and government-funded hospitals and research institutes.

SNE is a spin-off of Rosetta IP dealing with  commercialization of IP from the Academy to the Industry. Read the rest of this entry »