Tech Briefs: Tissue Repair Startup Raises $15 Million in New Round of Fundraising

Bitcoin payment company Simplex secures $7 million of real money, set for launch; High-tech firms in Israel hunting for hundreds of new employees.

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Bitcoin (illustration)
Bitcoin (illustration)Credit: AP

Tissue repair startup Regentis Biomaterials raises $15 million in new round of fundraising

Israeli health startup Regentis Biomaterials completed a new fundraising round, the company announced yesterday. The company raised $15 million in the round, which was led by the Chinese group Haisco and included Regentis’ previous investors, Medica Venture Partners, SCP Vitalife Partners, Italian investment giant Generali and the Technion’s investment fund. Regentis started in 2004 as part of the technology startup at the Technion – Israel Institute of Technology, Haifa. It develops an implant that dissolves within the body designed to repair damaged cartilage in the knees. The company, which is situated in Or Akiva, near Haifa in northern Israel, has raised $35 million to date. (Eliran Rubin)

Bitcoin payment company Simplex secures $7 million of real money, set for launch

Israeli bitcoin payment company Simplex is set to launch now it has completed its $7 million Series A funding round, the company stated, according to Coinspeaker. Simplex has raised a total of $8.4 million to date. The company’s product enables users to buy bitcoin and make bitcoin transactions via credit card. Simplex’s investors include cryptocurrency mining companies as well as angel investors, reported the publication dedicated to bitcoin news. (TheMarker)

High-tech firms in Israel hunting for hundreds of new employees

Israeli high-tech companies are starting off 2016 with pockets full of cash after raising significant sums over the past year – and they’re looking for hundreds of new employees. There are hundreds of open positions in programming, marketing, sales and more. The hiring push comes as layoffs continue at hardware companies, most recently last week at Qualcomm. Big data company Sisense, for instance, is hiring 150 new workers – 100 to its Tel Aviv offices, and another 50 in New York – after raising $50 million last month. And Internet company SimilarWeb announced that it, too, is hiring 150 employees, who will be joining its current 300 staffers. (Eliran Rubin)