Elron Electronic Industries Ltd (Elron Ventures)

Elron Electronic Industries Ltd (Elron Ventures) is a venture capital firm,  based in Tel Aviv; since 1962 the company has been involved in setting up, funding and developing over 30 companies and is considered one of the foundation stones of the high-tech industry in Israel. 
The company's sectors of interest include clean technology, software, semiconductors, medical technology, telecommunications, defence and aerospace. 
Today, the combined annual revenues of the companies established by Elron are approximately $5 billion
Its main group companies include BrainsGate Ltd, Pocared Diagnostics Ltd. and RDC Rafael Development Corporation Ltd.