Sun.Feb 23, 2020

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A race against time for building a company

Innovation 2 Enterprise

By Scott Meacham. It is hard to start a business — very, very hard. This is true on Main Street, for information technology businesses and in biotech. For all entrepreneurs, building a company is a race against time, a race in which every milestone of success increases the pressure on the business plan. The biggest challenge is capital—where to get it and how to stretch it until the enterprise is cashflow positive.

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[Syqe in CTech] Cannabis May Be Stalled, but Cannabis Tech Is Racing Forward

OurCrowd

Syqe Medical Ltd. develops a pocket-sized metered-dose inhaler designed for the precise delivery of cannabis and other medicinal plant molecules. The inhaler hit the market in 2019 after eight years of development and $83 million in funding. Another Israeli player is Kassi Labs, which develops an eponymous smart device that functions as a grinder, a storage device, and a humidity and temperature monitor, and also offers a USB port for charging your mobile phone or vaporizer.