Startup investment – to 19/5/24

raised (new Unicorn) raised

Exits, takeovers and mergers – to 19/5/24

Israel’s has with US-based LAMF Global ventures and is now trading on NASDAQ. Israel’s has Brazil’s top bus ticket seller DeOnibus. Blackstone Growth Fund is to acquire Israel’s at an .

A better vegan salmon

Israel’s Oshi (formerly Plantish – see previously) is unveiling the latest version of its plant-based salmon filet, in Chicago. Oshi has secured US-wide distribution for its flagship alternative cooked salmon filet.

Victoria’s Secret opens in Israel

Despite the ongoing war, the famous lingerie company Victoria’s Secret has opened two stores in Israel, at shopping malls in Haifa and Petah Tikvah. They follow the launch of the Israeli Victoria’s Secret website which started operations last year.

Boosting hi-tech investment

The Israel Innovation Authority is investing $160 million over 20 months in the Yozma Fund 2.0 initiative. It aims to attract another $700 million from institutional investors such as Venture Capital funds, to encourage more Deep Tech startups (see previously).

Superfast investment

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 nine days and provide the cash within three weeks.

EU grant for cultivated meat startup

Israel’s Profuse Technology (see 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.

Startup investment – to 12/5/24

raised ; raised raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised ;

Exits, takeovers and mergers – to 12/5/24

Nvidia is to acquire Israel’s for an estimated . Global private equity firm Permira is acquiring 60% of Israel’s for around . Swiss-US Alcon is acquiring Israel’s for up to ; US-headquartered Akamai has acquired Israel’s for . Israel’s has acquired Israel’s for .

Better management of cash operations

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.