Monthly Archives: December 2021

Record funds for Israeli tech

Investments, takeovers, and stock market offerings have netted over $107 billion for Israeli tech companies so far in 2021 – over 3 times that in 2020. https://www.calcalistech.com/ctech/articles/0,7340,L-3925086,00.html https://www.timesofisrael.com/israeli-tech-exits-jump-520-to-whopping-82-4b-in-2021-report/

Posted in Economy & Business | Leave a comment

Israel’s first new bank in 4 decades

Israel’s First Digital Bank (FDB), Israel’s first new bank in over 40 years has just raised $120 million in funds. It is currently operating in pilot mode, offering banking services to its 200 employees and their families. The on-line-only bank … Continue reading

Posted in Economy & Business | Leave a comment

Investment in Israeli startups (19/12/21)

Claroty raised $400 million; Fireblocks raised $400 million; Future Meat (Believer) raised $320 million; Tipalti raised $270 million; UBQ Materials raised $170 million; Noname Security raised $135 million; 1E Therapeutics raised $120 million; First Digital Bank has raised $120 million; … Continue reading

Posted in Economy & Business | Leave a comment

Another Unicorn

Israel’s Noname Security (see here previously) has just raised $135 million in funds at a $1 billion valuation.  Its customers include some of the world’s five largest firms, and it is actively working with 20% of the Fortune 500. https://www.calcalistech.com/ctech/articles/0,7340,L-3925078,00.html

Posted in Economy & Business | Leave a comment

All-Israeli cloud merger

Israeli data analytics platform SQream (see here previously) has acquired Israel’s no-code cloud data platform Panoply (see here previously) for an estimated $60-70 million. SQream will now be able to expand its cloud offering, allowing customers to generate insights from … Continue reading

Posted in Economy & Business | Leave a comment

$120 million for mystery medical project

Israel’s 1E Therapeutics has raised a record $120 million for an Israeli startup in the medical sector. Not much is known about 1E Therapeutics, but it is believed to be active in medicine development. It employs dozens of scientists working … Continue reading

Posted in Economy & Business | Leave a comment

A POWER sports business

Israel’s Pixellot has been included in the top 50 sports businesses in terms of innovation, according to the STA Group’s latest POWER List rankings. Pixellot was also named one of the top brands revolutionizing the sports broadcasting and OTT (Over … Continue reading

Posted in Economy & Business | Leave a comment

Investing in the future of food

Israel’s BioMeat is a public research and development partnership for foodtech investment traded on the Israeli stock exchange. It invests in Israeli companies, such as Rilbite and More Foods, which are developing non-animal protein foods that will be able to … Continue reading

Posted in Economy & Business | Leave a comment

Fujitsu cybersecurity center

Japanese giant Fujitsu is partnering with the Ben-Gurion University of the Negev to launch a new cybersecurity center in Beersheba. It will employ 20 Israeli researchers and focus on joint research and technologies that help secure systems based on artificial … Continue reading

Posted in Economy & Business | Leave a comment

Converting UAE planes

Israel Aerospace Industries (IAI) has won a contract from with the Emirates airline to convert at least four of its Boeing B777-300ER passenger planes into cargo carriers at a newly opened facility in Abu Dhabi. (See here for IAI’s previous … Continue reading

Posted in Economy & Business | Leave a comment