Website construction tools company Wix.com has become Israel’s most valuable company. Its market value of nearly $20 million tops that of Check Point, Solar Edge, Novocure, Nice Systems and Teva. Wix earned almost $1 billion in revenue in 2020 and, … Continue reading →

Yotpo raised $200 million; Axonius raised $100 million; Papaya Global raised $100 million; Earnix raised $75 million; TytoCare raised $50 million; Pomvom raised $40 million; Medisafe raised $30 million; Rewire raised $20 million; Seebo raised $15 million; Blend raised $10 … Continue reading →

Israel’s Medi-Tate (reported here previously) has been acquired by Japanese medical corporation Olympus for $300 million. Olympus invested in Medi-Tate in 2018 and has been distributing Medi-Tate’s solutions for Benign Prostatic Hyperplasia (BPH). https://jewishbusinessnews.com/2021/02/28/israels-medi-tate-bought-by-olympus-for-300-million/ https://www.calcalistech.com/ctech/articles/0,7340,L-3895672,00.html

US medical devices maker Boston Scientific has bought the surgical business of Israel-based Lumenis (reported here previously) from Barings PE Asia for $1.07 billion. The unit will remain in Israel and become Boston Scientific’s global center of excellence in laser … Continue reading →

Israel’s Axonius (reported here previously) gives organizations a comprehensive cybersecurity asset inventory, uncovers security solution coverage gaps, and automatically validates and enforces security policies. Axonius has just raised $100 million for a $1 billion valuation and “Unicorn” status. https://jewishbusinessnews.com/2021/03/01/israels-axonius-is-now-a-unicorn-with-1-billion-plus-valuation/

Fintech startup Earnix develops artificial intelligence software that allows banks and insurers to personalize offerings to customers. It has just raised $75 million at a company valuation of $1 billion giving it the financial status of a “Unicorn”. Earnix has … Continue reading →

Divine Flavor, a San Diego-based grower-owned distributor of fruits and vegetables and part of Grupo Alta, have adopted the new Xgo standing pouches from Israel’s StePac (reported here previously). Customers were really happy with the extended freshness and sustainability of … Continue reading →

Israel’s Qualitest (reported here previously) has just acquired India’s QA InfoTech India. InfoTech’s 1,000 employees will triple Qualitest’s existing offshore automation testing capacity. https://www.calcalistech.com/ctech/articles/0,7340,L-3894492,00.html

Israel is in talks with Covid-19 vaccine developers Pfizer and Moderna regarding setting up vaccine production in Israel. Austria and Denmark have expressed interest in Israel’s plan to enhance Pfizer vaccines to handle virus mutations, as they do not want … Continue reading →

The Abu Dhabi Investment Office (ADIO) has established ties with Invest in Israel and the Israel Innovation Authority – government entities that help accelerate investment and innovation. Also, Gulf-Israel Green Ventures and the UAE’s United Stars Group are partnering for … Continue reading →