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Aviv Venture Capital
Aviv Venture Capital invests in Israel-related unique technology companies. Yoav Z. Chelouche and Dr. Amir Guttman are the fund's managing partners.
Yoav Z. Chelouche is the former President and CEO of Scitex Corp. (NASDAQ:SCIX), a $700 million world leader in digital imaging, pre-press and inkjet printing systems. Dr. Amir Guttman, founder of Aviv Venture Capital, was previously a member of the management of Discount Investment Corp., with responsibility for initiation and investment in technology companies (including Given Imaging - NASDAQ: GIVN). Over 80% of Aviv Ventures I, L.P. was raised from Israeli investment institutions.
Since April 2002 the fund has invested in nine companies, the first of which - Actona Technologies - was sold in June 2004 to Cisco Systems for $100 million.
 
Our Vision
Becoming a world leader in friction reduction technologies and products
 
``The cost of friction in the US alone, in terms of wear and energy consumption is estimated at $120b annually - approximately 1%-1.5% of GDP``
Argonne National Laboratory, US Department of Energy, 1999
 
Our Mission
Turning a patented breakthrough friction reduction technology into world leading products
 
 

© 2003-2009 FriCSo, Inc. All rights reserved. Email: info@fricso.com
FriCSo solutions have been proven to significantly reduce friction and wear, retain oil on surface, improve efficiency and performance, reduce emissions, save energy and reduce maintenance of moving parts.

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