FLORIDA FUNDERS LAUNCHES JOINT VENTURE WITH FLORIDA-ISRAEL BUSINESS ACCELERATOR
FLORIDA FUNDERS AND FIBA TO FORMALLY DEBUT PARTNERSHIP AT INNOVATION FUSION IN TAMPA
Tampa, Fla. – June 11, 2018 – Florida Funders, a firm providing early-stage capital to Florida technology companies, announces a joint venture with the Florida-Israel Business Accelerator (FIBA) to host and assist in their crowdfunded investments on the Florida Funders platform. Florida Funders’ distinct platform will be utilized to promote investment opportunities with companies participating in the FIBA program, which is a Florida-based technology accelerator designed to support Israeli growth-stage companies’ entrance in the U.S. market. FIBA is a project of the Tampa Jewish Community Centers & Federation.
The partnership between Florida Funders and FIBA will debut at the second annual Innovation Fusion, presented by Valley National Bank, and showcasing eight Israeli startup companies to the Tampa Bay area. The 2018 Innovation Fusion will highlight FIBA’s role in enabling partnerships and collaboration between Israeli tech companies and local organizations, including Florida Funders, with the goal of bringing additional technology jobs and economic growth to the Tampa Bay area.
“We’re excited to announce our joint venture with FIBA to drive additional growth to the Tampa Bay area, with a focus on Israeli-based startups,” said Marc Blumenthal, General Partner for Florida Funders. “Together, Florida Funders and FIBA have an incredible opportunity to establish a unique platform and we look forward to announcing its official debut at the upcoming Innovation Fusion.”
The Innovation Fusion startups, including eProc Solutions, ECOncrete, Nucleon, UC-Care, GlobeKeeper, Interyvo, Say and WiseShelf, will be joined by two guest speakers from Israeli tech ‘unicorns’, Waze and Wix. Waze is a GPS navigation app developed by an Israeli startup that was acquired by Google for $1.3 billion in 2013. Wix is a website development platform for small businesses. Wix was also founded in Israel in 2006 and today has 120 million users worldwide. Wix is traded on the NASDAQ and has offices in San Francisco and Miami. Aron Di Castro, Head of Global Business Development and Partnership for Waze, a Google Company, will be joined by Danny Brigido, Director of Consumer Solutions for Wix, to share their knowledge with the Innovation Fusion participants.
“By partnering with Florida Funders, we are positioning FIBA and its startups for growth in the Tampa Bay area,” said Rachel Feinman, Executive Director for FIBA. “Our joint venture with Florida Funders will debut at our second annual Innovation Fusion, where we’ll be joined by eight Israeli startups and the support of local business sponsors, including Valley National Bank, Cherry Bekaert, ConnectWise, Nielsen, among others.”
About Florida Funders, LLC: Florida Funders is a hybrid of a venture capital fund and crowd-funding platform that invests in early-stage technology companies in Florida. The firm is led by an experienced team of serial entrepreneurs, venture capitalists, and experienced angel investors with proven track record of successful exits and a shared passion for growing the next generation of Florida tech companies. Learn more at www.floridafunders.com and check out our explainer video on YouTube.
About FIBA: The Florida-Israel Business Accelerator (FIBA) is a Florida-based business development and community engagement project established by the Tampa Jewish Community Centers & Federation and supported by the State of Florida’s Department of Economic Opportunity, Hillsborough County and the generous support of several corporate sponsors and community philanthropists. FIBA provides a soft landing for Israeli tech companies that are ready to expand into the U.S. market. FIBA offers entrepreneurs strategic alignment with corporate partners, facilitates introductions to prospective customer, strategic partners and investors, assists with sales and lead generation activities and encourages the companies to establish a U.S. subsidiary in Tampa Bay that is responsible for sales, marketing, tech and customer support throughout North America. Learn more at www.fiba.io.