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StoreDot raises $18 million in Series C funding Specialty materials innovator StoreDot Ltd. announced a new round of financing of $18 million for its new Electric Vehicle business unit, bringing the total funding to-date to $66 million. Investors in this round include mostly existing investors such as Norma Investments Limited, representing Roman Abramovich and Samsung Ventures. Other existing investors also include Singulariteam. Founded in 2012 by Dr. Doron Myersdorf, StoreDot is based in Ramat Gan, Israel. The startup’s proprietary technology, inspired by nature, can be optimized for multiple industries, including fast-charging batteries in mobile devices and electric vehicles. Siklu raises $18 million in Series D funding Siklu Inc., a global market leader in millimeter-wave technology, raised $18 million in Series-D funding. The new investor in this round Sercomm Corporation (TWSE: 5388), was joined by existing investors Argonaut Private Equity, Evergreen Venture Partners, DFJ Tamir Fishman Ventures, Qualcomm Ventures (NASDAQ: QCOM), The Tamares Group and Amiti Ventures. “Siklu approaches network connectivity in an entirely different way, packing cutting edge technology into mass market products. We believe in the company’s potential to be a bellwether of change for the future of wireless networks,” said James Wang, President and CEO, Sercomm. “The strategic partnership we are building with Siklu will enable both our companies to enter new markets, which are expected to grow exponentially”. Siklu delivers Gigabit capacity millimeter wave wireless connectivity operating in the 60, 70/80 GHz bands. Its millimeter wave technology is the prime choice of leading integrators and network operators worldwide. Eco Wave Power raises $2 million in seed funding Wave energy developer Eco Wave Power raised %2 million in it first round of funding, led by Pirveli Ventures. EWP has conducted onshore testing at Jaffa Port, Israel, to prove that it can produce electricity on a commercial scale. Last month it deployed a second generation power station at Jaffa Port. According to its co-founders David Leb and Inna Braverman, the company has a combined pipeline of 111MW in projects at different locations, requiring $150 million in additional funding, which they plan to raise in stages.]]>