The Startup Nation may soon be known as the Unicorn nation. A Unicorn is a startup, which is still a privately held company, that has already reached a billion-dollar plus valuation. Israel has had nine startups hit Unicorn status so … Continue reading →

The Italian unit of automaker Stellantis has signed an agreement with Israel’s Innovation Authority to develop identify and develop smart-mobility systems. Stellantis’s vehicles include Maserati, Alpha Romeo, Dodge, Jeep, Lancia, Fiat, Chrysler, Opel, Vauxhall, Peugeot and Citroen, https://www.timesofisrael.com/stellantis-maker-of-dodge-and-maserati-scouting-israeli-startups-for-tech-edge/ https://www.calcalistech.com/ctech/articles/0,7340,L-3903561,00.html

X5 Retail Group, Russia’s largest food retailer, is now rolling out Israel’s Evigence Green Dot labeling system (see here previously) for monitoring product freshness. Ten million labels will be placed on items from the X5 Smart Kitchen assortment of ready-to-eat … Continue reading →

Innoviz raised $371 million; Redis raised $310 million; TipRanks raised $77 million; WhiteSource (renamed Mend.io) raised $75 million; RapidAPI raised $60 million; Nucleix raised $55 million; Blue Dot raised $32 million; Perception Point raised $28 million; Breezometer raised $25 million; … Continue reading →

Israel’s DataRails has developed a financial planning and analysis (FP&A) system for enterprise companies. It allows the financial department to transform its Excel spreadsheets into a smart and powerful system that integrates with the organization’s data infrastructure. https://www.calcalistech.com/ctech/articles/0,7340,L-3905532,00.html https://www.datarails.com/ https://www.youtube.com/watch?v=nxq0Th5Qqns … Continue reading →

The increasing burden of tax audits requires companies to deploy advanced technology to ensure compliance across multiple jurisdictions. Israel’s Blue dot digitizes the complex, costly and risky process. Blue dot has offices in Israel, the US, UK, France and Germany. … Continue reading →

Israel’s Affogata offers businesses a customer intelligence platform. It collects, analyses, and sorts data from the web, review sites, social channels, niche forums, community and customer conversation platforms. It then provides actionable reports to help businesses grow. https://jewishbusinessnews.com/2021/04/19/israeli-startup-affogata-offers-a-customer-intelligence-platform/ https://www.affogata.com/product

Israeli-based Qualitest (see here previously) has acquired Israel’s Comply, which provides software testing services to the digital health sector. Qualitest’s customers will now include Teva, Merck, Johnson & Johnson, GE Medical and AbbVie. https://www.timesofisrael.com/qualitest-buys-israel-based-comply-to-gain-edge-in-pharma-software-testing/

US cybersecurity giant Cofense is acquiring Israel-based startup Cyberfish, which uses computer vision and machine learning technology to prevent phishing attacks. Following the acquisition, Cyberfish in Beersheba will become Cofense’s first R&D center in Israel. https://www.calcalistech.com/ctech/articles/0,7340,L-3903382,00.html https://cyberfish.io/

10 more Israeli companies have started Intel’s Ignite accelerator in Tel Aviv from 392 applicants. The previous 28 graduates (see here previously) have since raised more than $200 million of funds. The success of the Tel Aviv accelerator has encouraged … Continue reading →