Buzz

Israel is known for its robust startup scene. But it’s hard for U.S. investors to sift through all of them — especially when many don’t have a U.S. presence. So a new Manhattan firm is plucking hot new Israeli startups and bringing them to New York for a six-month accelerator. ICONYC Labs is the brainchild of Eyal Bino, an Israeli entrepreneur and investor who’s been in New York for over a decade, and Arie Abecassis, a partner at DreamIt Ventures. Their mission is twofold: Find the most promising early-stage Israeli startups and bring them to U.S. investors; and help Israeli startups break into the U.S. market, which is necessary to grow their global presence. Read More.