TechCare Corp. (OTCPK:TECR) announced that it has entered into an agreement with ICB Biotechnology Investments Ltd. (TASE:ICB) for gross proceeds of $500,000 on January 29, 2019. The company will received funding in two tranches.

The company will receive first tranche upon obtaining shareholder approval of the investor and second tranche is expected to be received upon completion of certain conditions.