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Demo day arrives for Springboard’s Internet of Things accelerator

The Next Web

Today is the day that eight hopeful startups got to pitch their ideas to investors at startup accelerator Springboard’s Internet of Things (IoT) demo day in Cambridge, England. The eighth is currently operating in stealth mode (yes, even on demo day) but we’re digging to find out more about them. Playground Energy .

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Janvest Wants to Fill the Seed Investment Gap in Israel (Interview)

VC Cafe

Janvest , a new seed fund of $5 million backed by American angel investors and chaired by the former head of the Mossad (Danny Yatom), saw an opportunity to fill the gap by making offering US-based angel investors the opportunity to tap into the Israeli startup industry. VC Cafe: What is the premise of Janvest and how large is the fund?

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[Interview] Christopher Kape, Vancouver Executive, President of JAMCO Capital Partners

YoungUpstarts

A successful venture capitalist, Chris and his team at JAMCO continue to consult with and maintain equity positions with a range of firms operating in his areas of expertise. Anyone involved in Internet related high-tech businesses at the time learned much from the loss of easy to raise capital with high valuations and quick IPO/RTO exits.

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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

Facebook surprised with its first acquisition in Israel today (and its second acquisition outside of the US), with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. According to TheMarker (Hebrew), Sequoia will be making a six time multiple on its investment.