Apart from US universities, Israeli universities are top of the world for producing alumni who launch startups that grow into billion-dollar companies. Tel Aviv was number 1 with 31 founders; Technion – 3rd (27); Hebrew U – 5th (23). BGU … Continue reading →

Despite the global slowdown, two Israeli billion-dollar companies attracted confident investors in their latest funding rounds.  First HR management firm HiBob raised $150 million at a valuation of $2.7 billion.  Then Cato Networks raised $238 million at a valuation of … Continue reading →

The $155 million raised by Israel’s AI21 Labs last week gave it a valuation of $1.4 billion and financial Unicorn status. https://www.calcalistech.com/ctechnews/article/byy4pxa6h

Tel Aviv University has produced the second-most unicorn ($1 billion+) companies in the world, based on where their founders went to college. Stanford was the highest, but TAU was next, even beating UK’s Oxford University. https://www.calcalistech.com/ctechnews/article/bkqkrvu2h

Optibus (see here previously) is a billion-dollar Israeli private company whose value is increasing, despite the current financial market downturn. In 2022 it doubled its revenues and workforce. Its public transportation management software is now used in 2,000 cities worldwide. … Continue reading →

Israeli fintech company Liquidity Group (see here previously) has raised another $40 million from Japanese banking giant MUFG Bank at a valuation of $1.4 billion. Liquidity provides capital mainly to later-stage technology companies for businesses around the world. https://www.calcalistech.com/ctechnews/article/rjhmtaeco

There have been few new Unicorns in the current economic climate. Israel’s Vesttoo has just become one, having just raised $80 million at a $1 billion valuation. Vesttoo has developed a global insurance risk transfer platform. It is profitable and … Continue reading →

The large number Unicorns (private companies valued at $1 billion+) is making it difficult to identify promising stable ventures. A new term “Centaur” should be used to designate those Unicorns with an Annual Recurring Revenue (ARR) of at least $100 … Continue reading →

Israel’s Optibus (see here previously) is Israel’s first public transportation industry Unicorn, raising $100 million in funds to reach a valuation of $1.3 billion. Unit.co (see here previously) also raised $100 million for a valuation of $1.2 billion and the … Continue reading →

California now hosts the global or U.S. headquarters for 32 Israeli-founded Unicorns – privately held companies valued at $1 billion or more. 17 of those companies became Unicorns in the last 12 months.  Most are in Silicon Valley.  Meanwhile, New … Continue reading →