A total of 15 Israeli companies from the fields of internet communications technology (ICT) and life sciences completed a first-of-its-kind roadshow in China last week with fruitful results.

These companies presented cutting-edge technologies to Chinese investors and held dozens of B2B meetings with Chinese companies and investments entities in an effort to raise capital and forge R&D cooperation.

The event was organized by the Israel Innovation Authority in cooperation with the Chinese Ministry of Science and Technology.

During the roadshow, the Israeli companies visited the cities of Changzhou, Shanghai and Beijing, and held more than 100 B2B pre-arranged, as well as on-the-spot meetings, in order to promote various forms of cooperation.

In Changzhou, the companies participated in pitching events, presenting their products and technologies to dozens of investors, investment groups and companies.

The pitching events in Changzhou were organized in the form of competition and three Israeli companies could win a modest monetary award.

The winning companies in the life science competition in Changzhou were Brainsway, which is engaged in development of a medical device to treat obstructions in brain functions; Vectorious Medical Technologies, which provides an optimal management of congestive heart failure patients via direct daily indication of the heart's left atrial pressure through a miniature wireless sensory implant; and OrthoDrill Medical, which specializes in revolutionary cutting-edge technology solutions for Orthopedic Drilling procedures.