NFX is one of the world’s largest Venture Capital seed funds. It is to invest some of its $20 million emergency fund in cash-strapped Israeli startups. To avoid a long, drawn-out decision-making process, NFX promises to respond to requests within … Continue reading →

Israel’s Profuse Technology (see here previously) was awarded a 2.4 million euro grant from the EU’s competitive Horizon EIC Transition program. Profuse will use the funds to refine its technology that speeds up the cultivation of non-animal meat. https://www.timesofisrael.com/israel-startup-gets-eu-backing-to-help-bring-lab-grown-meat-cuts-to-table/

Wiz raised $1 billion; Xtend raised $40 million Honeycomb Insurance raised $36 million; LayerX raised $26 million; Cynomi raised $20 million; Opmed.ai raised $15 million; AISAP raised $13 million; Panax raised $10 million; Fairgen raised $8 million; Apex AI Security … Continue reading →

Nvidia is to acquire Israel’s Deci for an estimated $300 million. Global private equity firm Permira is acquiring 60% of Israel’s BioCatch for around $750 million. Swiss-US Alcon is acquiring Israel’s Belkin Vision for up to $330 million; US-headquartered Akamai … Continue reading →

Israel’s Panax develops an AI-driven cash flow management platform to help mid-market and large companies gain full visibility and control over their cash operations. AI-driven automation streamlines all treasury processes, consolidating data directly from banks and ERP systems. https://www.calcalistech.com/ctechnews/article/bksi8ykma https://www.thepanax.com/

Ten Israeli startups have been selected for the 7th cohort of Deloitte’s LaunchPad mentoring program. They are Cyabra, Clarity-Sec, Juno Journey, LayerX, Ludeo, Opmed, Prompt Security, Trustmi, Winn.ai, and Zoog. The 43 previous startups have raised over $1 billion in … Continue reading →