Trendlines to open more portfolio firmsJun. 22, 2016
Trendlines Group has been licensed to establish more portfolio firms, while manufacturing solutions provider Miyoshi has entered into a joint venture in China selling electric vehicles. Trendlines licensed to establish more portfolio firms Trendlines Group announced in a stock exchange filing on Monday that the Office of the Chief Scientist of the Israel Ministry of Economy (OCS) has approved Trendlines Medical’s request to establish 9 to 11 new portfolio companies a year in the fields of medical devices and agricultural technology (agtech).
In a parallel development, OCS has also approved the request by Trendlines Group to expand the mandate of its subsidiary, Trendlines Medical-Misgav’s, to that its OCS incubator licence can include agricultural technology investments.