Israel Active

Since Oct 7, both investments and mergers & acquisitions have reached nearly $1 billion. 29 investment rounds totaled nearly $1 billion, led by Next Insurance’s $265 million raise. Meanwhile, Palo Alto’s two Israeli cyber acquisitions (Talon & Dig) cost them a total of $975 million.

Israel’s Spera Security (see previously) have been chosen by Finance of America to bolster its defense against identity-driven cyberattacks.

Finnish giant Aiven has Israel’s database optimization startup . Israel’s has US secure communications company DataPath.

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Israel’s Knesset (Parliament) agreed a 1.15-billion-shekel proposal to fund the recently created Tekuma Authority, which will be responsible for rebuilding, developing, and strengthening the Gaza border communities devastated by Hamas on Oct. 7.

The Israel Wine Producers Association has been asking supporters of the Jewish state to “take a sip for solidarity.” It plans to donate 10% of sales from U.S. distributors to Israeli relief efforts.  Why not order Israeli wine in a restaurant or give a bottle as a present. It all helps Israeli winemakers.

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UK’s Smith & Nephew is acquiring Israeli implant company for around .

Israel’s BioCatch (see previously) has just achieved two milestones. A recent $70 million investment has given the startup a market value of over $1billion and “Unicorn” status. It has also reported recurring annual revenue of $100 million (51% growth) giving it the financial status of a “Centaur”.

Two Israeli startups, based at the devastated town of Sderot, are back in operation. BionicHIVE (robots in storage facilities) relocated to Beersheba thanks to Israel’s Robotican. Carrar was able to complete a tight deadline to produce a battery pack for a client testing in Germany (see )