Jews in the Diaspora are generously using Chanukah as time to “shop Israel.” Many Israeli vendors have travelled to the US to promote their businesses and sell their wares. They can be obtained at synagogues or online sites e.g., Etsy, … Continue reading →

Vast Data raised $118 million; Foretellix raised $42 million; Mine raised $30 million; Sensorz raised $4.7 million;

Israeli private equity fund Fortissimo is to acquire Israel’s Cellcom for some NIS 925 million; Israeli cybersecurity Unicorn Wiz has acquired Israeli IT startup Raftt. Israeli global payments startup Nayax has taken over US-based point of sale software developer Retail … Continue reading →

Israel’s VAST Data, which develops an AI data platform, has secured $118 million in Series E funding at a $9.1 billion valuation, more than 3 times its previous value. https://www.calcalistech.com/ctechnews/article/bjfh5gast

Israel’s Gilat Satellite Networks (see here previously) via its Wavestream US subsidiary, has won a nearly $20 million continuation contract to provide the US Army with its all-environments Solid State Amplifiers (SSPA) that sustain anytime, anywhere satellite connectivity. https://www.gilat.com/pressreleases/us-army-awards-nearly-20-million-contract-extension-to-gilat-to-sustain-anytime-anywhere-satellite-connectivity/

Israel’s Matrix IT (see here previously) is looking to recruit another 700 employees. The positions include software developers, info security, project managers, system analysts, infrastructure and comms, SAP implementers, software testers, cloud personnel, and automation developers. https://www.timesofisrael.com/amid-war-with-hamas-israels-matrix-is-seeking-to-hire-700-new-employees/

Israel’s Knesset (parliament) has allocated NIS 30 billion to the war effort, split between military and civil support. https://www.timesofisrael.com/knesset-advances-nis-30-billion-in-new-wartime-funds-over-intra-coalition-objections/

Israel’s OurCrowd and Thailand’s corporate innovative powerhouse RISE announced the establishment of Rise OurCrowd Exponential (ROCX), a VC fund focused on 20 – 30 Israeli deep technologies with potential to grow in Asia. The new fund will begin investing by … Continue reading →

The Israel Innovation Authority is to allocate NIS 9 million for the establishment of three clubs of private investors. They will aid Israeli early-stage startups that are struggling to get critical funding during wartime. The clubs will provide crucial support … Continue reading →

More positive talk from OurCrowd Founder and CEO, Jon Medved, who spoke in the UAE and on Bloomberg TV’s “Wall Street Week Daily.” He discussed the economic impact of the Israel-Hamas war. His message was Israel tech delivers, no matter … Continue reading →