Amir Gal-Or, 2006
|Born||September 5, 1962|
|Occupation||Entrepreneur, Venture Capitalist based in China|
Amir Gal-Or (Hebrew: אמיר גלאור) (born 1962) is an Israeli businessman. He is the Founder and Managing Partner of Infinity Group, and Founder and Chairman of Innonation. Gal-Or served as a pilot in the Israeli Air Force.
Gal-Or was born on September 5, 1962, in Haifa, Israel. His parents, Leah and Benjamin, are professors at the Technion-Israel Institute of Technology. Gal-Or's mother specializes in chemistry and materials; his father specializes in machinery. Gal-Or attended the Hebrew Reali School in Haifa, where he graduated from the Science-Physics Department. Gal-Or earned a BSc in economics and business management from the University of Haifa and an MBA from Tel Aviv University. Later he graduated from Harvard University's program in venture capital and private equity investments.
Gal-Or has four children: Raz, Amit, Talia and Hila.
Air force career
Gal-Or served as a combat pilot in the Israeli Air Force (IDF/AF) for 24 years, flying the F-4 Phantom, F-16 and A-4 Skyhawk. He was also a member of the IDF/AF aerobatic team. On October 16, 1986, he flew in the same formation with Israeli MIA navigator/weapon systems officer (WSO) Ron Arad, who went missing that day. Gal-Or is retired from active reserve duty and serves as an instructor in the military flying school.
Gal-Or's career as a private entrepreneur began at the Technion incubator in 1990 upon completing seven years of army service. He returned home to Haifa, registered at the University of Haifa and, together with his mother, established two materials companies: TAN, developing high-grade refractory ceramic oxides, and a venture with the largest Israeli fuels company: Paz Oil Company. Eventually, the latter venture integrated with Paz in exchange for royalties, and TAN was sold. In 1994, Gal-Or was nominated as a manager of Mati Ra'anana, a business development center in Ra'anana jointly established by the JDC, the Ministry of Absorption, the Israel Small and Medium Enterprise Authority (ISMEA), ESRA organization, and the Ra'anana Municipality. Mati Ra'anana provides professional consulting services, business plan formulation, professional business training, on-going consulting and mentoring, and assistance in obtaining the necessary funding to realize the goals set in the business plan assistance to small and medium sized businesses, and technological start ups. Gal-Or founded a special forum for startup ventures in Mati Ra'anana.
In 1998, Gal-Or switched to venture capital and helped found Infinity Group. In 2002 the Office of the Chief Scientist (OCS) of Israel began a program to privatize the technology incubators. Under the umbrella of Infinity, Gal-Or founded Maayan Ventures, a publicly traded company, where he serves as chairman. Maayan, headquartered in Beersheva, is a working partner of the Israeli government for seed investments and manages more than 60 investment holdings. Infinity also operates technology incubators in Dimona and Sde Boker and is purchasing a share in the incubator in Ofakim. Each incubator has a specialization and Infinity provides them with services and support.
Infinity, backed by the China Development Bank and Clal Industries, manages over 1.5 billion USD and has 23 funds, incubators, and accelerators established throughout China. Notable exits of the fund include: Galileo, Saifun, Shopping.com, ShellCase, Scitex Vision, Digital China, WLCSP, Bazun, and ITS.
In 2017, Gal-Or was bestowed with the Friendship Award by the Chinese government for his great contribution to China-Israel business relations over the past nearly two decades. The award is the highest honor granted to foreign experts by the Chinese government for their contributions to the country’s economic progress.
- "Bacani, Cesar. "To infinity and Beyond China is developing a local private-equity industry partly at the expense of foreign investment firms. But one Israeli fund has discovered an unlikely path to success", CFO Asia, June 2008" (PDF). Archived from the original (PDF) on June 26, 2010.
- Steve Gelsi (May 15, 2007). "China IPOs continue in U.S. Israeli venture fund raises $155 mln for China firms". Marketwatch.
- "Int'l credit crunch shifts Israeli business focus in China". Xinhua. April 20, 2009.
- "Israel PE Fund Infinity: Investment Price is not everything in China". CLPA. 2009-05-10.[dead link]
- Feldman, Batya (September 7–8, 2006). הרמת המסך של אמיר גלאור [Raising the Curtain on Amir Gal-Or]. Globes (in Hebrew). p. 6. Archived from the original on 2011-09-27.
- Grimland, Guy (November 21, 2007). "Amir Gal-Or: This will be a brain power community". The Marker. Archived from the original on November 23, 2007.
- Hermoni, Oded (December 26, 2005). באו בגלל הכסף, נשארו בשביל הכיף [Came for the money, stayed for fun]. Haaretz (in Hebrew). Retrieved August 18, 2014.
- International, China Radio. "הישראלי אמיר גל-אור זכה בתואר הכבוד הגבוה ביותר לזרים בסין | הרדיו הבינלאומי של סין (CRI)". www.cri.co.il (in Hebrew). Retrieved 2018-10-23.
- CNBC Asia's Cash Flow, Gal-Or discusses trends in the stock market and the strategic plans of the Infinity I-China Fund July 9, 2008[dead link]
- Finance.QQ.com Infinity Equity managing partner Mr. Amir Gal-Or speaks to QQ.com at the World Economic Forum in Tianjin, China, about the activities of the I-China Fund, the status of the stock market and trends for the future. September 27, 2008.
- Online.wsj.com, Infinity Targets $513 Million For China Funds With A Foreign Twist, March 9, 2010, by Jonathan Shieber[dead link]
- Finance.qq.com interview from WEF - the full text
- Finance.qq.com interview from WEF - the video
- To Infinity and beyond - article at economist.com[dead link]
- Peter Stein (September 21, 2010). "Intellectual Property 'Bank' Forays Into China". The Wall Street Journal.