Following their widely publicised establishment of a $300 million technology fund in Israel, ERM is delighted to have advised the Chinese conglomerate Kuang-Chi on their investment in Beyond Verbal Communication, a Tel Aviv based company which enables machines to understand human emotions by analyzing raw voice intonations as people speak.
This is Kuang-Chi’s second investment in an Israeli company since its fund was launched in May 2016 and their investment of $3 million in Beyond Verbal Communication brings the total raised by the startup to $10 million since its founding in 2012. The new funding will go towards recent and future research projects for the company in the health and wellness space.
For coverage of the investment in Geektime, please click here.
High-Tech and Start-Ups practice
Epstein Rosenblum Maoz (ERM)’s high-tech and start-ups practice regularly provides legal advice to leading Israeli and international clients from pre-incorporation through to exit, as well as on the most complex transactions carried out in Israel and abroad. Our cross-border focus, effective approach, cohesive partnership and strong team of excellent individuals are widely acknowledged by leading international and Israeli technology companies, entrepreneurs, start-ups, investors and major legal directories.