TechnoPlus Ventures Ltd., an investment company with a highly diverse portfolio, commenced its investment activities in 1997 and has been traded on the Tel-Aviv Stock Exchange (TASE: TNPV) since 1999.
At TechnoPlus, we specialize in identifying and investing in small to mid-sized companies with what we believe to be strong potential to gain additional market share in a relatively short period of time. We invest in teams with an entrepreneurial spirit, leveraging their know-how and expertise into strong technological advantages, to support continuous growth.
TechnoPlus addresses the pressing need of companies to raise additional funds that will support aggressive growth and strengthen their capital structure.
TechnoPlus currently manages over ten mature companies in various fields of activity.
TechnoPlus sells 50% of its holdings in its portfolio company Sagrarmatha to other existing shareholders of Sagarmtha after they invoked their right of first refusal. TechnoPlus received the initial payment of 1.4M NIS and will receive additional payments if Sagarmatha will achieve certain profitability goals and if an exit event occurs.
On November 24, 2013, TechnoPlus received approx. $440,000, dividend from it's portfolio company, Sagarmatha, out of a total dividend distribution of $750,000. An additional amount of $118,000 was received during August 2014. The remaining amount of approx. $192,000 is expected to be payed on August 2015.
On July 28, 2014, CompuLab announced that it is looking at a possible IPO in NASDAQ or AIM. The process is in it's initial stage.
On December 31, 2012, TechnoPlus completes it's purchase of CompuLab Ltd.. TechnoPlus purchased 12.5% of CompuLab Ltd. shares, alongside its controlling shareholders, for 1.25 million USD.
Sagrarmatha signs an agreement with a third party. Sagrarmatha and the third party will cooperate in promoting Sagrarmatha's products. In addition the third party recieved an option to to purchase Sagrarmatha within six months.
On Febuary 15, 2012, TechnoPlus sold its holdings of Shekel Electronic Scales Ltd. to an American private equity, Axcel Partners VI, LLC, for 2.5 million USD.
D-Led filed a PCT on a system it has been developing for the past year. The system will allow illumination of Agriculture crops and Greenhouses.
The marketing of the system to potential customers is expected to start in 2012.