The biggest VC fund in Israel you didn’t even know existed. Clal Insurance has become the largest high tech investor in Israel with a
$2 billion portfolio, holding stakes in the likes of Pagaya, Hippo and REE to name a few. Read more
For StackPulse founders, the company is their new car in the startup race. When their first company was acquired earlier than expected, the three-person team decided to go bigger - and further - than ever before. Read more
ION Acquisition eyeing merger with another Israeli tech giant after listing its third SPAC. The company, led by co-CEOs Gilad Shany and Avrom Gilbert, and Chairman Jonathan Kolber, plans to raise $220 million as it seeks to “focus on the rapidly growing universe of Israeli companies and entrepreneurs that apply technology and innovation to our everyday lives. Read more
As cyber wars escalate, Israeli tech gains an edge. With giant Russian cyberattacks against the U.S., the transition to online services during the pandemic and stricter regulations to protect data, Israeli cyber companies are set to benefit from 2021. Read more
Cybersecurity: What are the hottest sectors in Israel? Cyber threats reached new highs due to the Covid-19 pandemic, accelerating security innovation and adoption. Read more
Cybersecurity: What are the hottest jobs and who are the highest earners? With the demand far outweighing the supply and new professions being created on a regular basis, the cyber job market is at an all-time high. Read more
The fight for gamers will be “worse than a World War,” according to Incredibuild CEO. As game developers move from on-prem to the cloud, companies like Microsoft and Nintendo will be competing against Amazon - for the eyes of 2.7 billion players. Read more
Fiverr CEO joins Big-tech 50 partnership. The R&D tech partnership plans to produce an index with the largest 50 private tech companies in Israel, and allow others to invest in them prior to their being issued to the public or sold. Read more
Why did Facebook (again) suspend the popular Israeli group Secret Tel Aviv? The group, which had more than 320,000 members, had a prominent job board helping people find jobs during Covid-19. Read more
Covid-19 taught us anything is possible, admit Israeli VC executives. We ended up having a record year in which we invested in more startups than ever before, said Pitango s Eyal Niv. Read more
Binah.ai launches ‘Binah Team,’ helping companies with employee wellbeing. The app is available on iOS, Android, and Windows in 12 different languages to help combat stress and anxiety. Read more
HR Post Covid | Salt Security: Covid-19 showed us the true meaning of teamwork. The company experienced 200% growth and secured two funding rounds - all in the middle of a pandemic. But how? Read more
Big-Tech 50 R&D Partnership raises NIS 85 million in TASE IPO. Big-Tech 50 R&D aims to build a portfolio of the 50 biggest private tech companies in Israel, by purchasing existing shares from the company s current shareholders. Read more
OwnBackup makes it three new Israeli unicorns in a week, raises $167.5 million at $1.4 billion valuation. SaaS data protection company’s valuation continues to climb following five years of triple-digit growth. Earlier this week both Melio and DriveNets also attained unicorn status. Read more
New details emerge about Israeli astronaut’s upcoming space mission. The January 2022 mission will be dubbed “Rakia,” after the diary of fallen astronaut Ilan Ramon written aboard the Columbia shuttle; two North American entrepreneurs to join Stibbe in flight to ISS. Read more Astronauts. Photo: NASA
Expert | Why are Chinese investors shying away from Israeli tech? New study reveals a sharp decline in investments since 2018 due to Beijing’s shifting priorities and a watchful Washington. Read more