Israeli company closes funding

January 6, 2004 – Elbit Vision Systems Ltd., Yoqneam, Israel, a manufacturer of optical inspection equipment, has closed a $2.3 million round of funding, led by new investor Meitav Capital. With the funds, Elbit now meets the Nasdaq exchange’s minimum requirements for shareholder equity, making the company eligible to be relisted on the Nasdaq SmallCap Market.

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.