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Results for Female-led Israeli startups raised hundreds of millions in funding last week Israeli startups raised almost a billion dollars last week, with hundreds of millions coming from startups with women at the helms. Coincidence? Not after you hear these female entrepreneurs. Geektime / 3 Jun 2021 • 5 min read Despite women making up 1/5th of the human capital in Israeli high-tech, there is a major gender gap when it comes to founders and entrepreneurs, who are mostly men. But the light at the end of the tunnel is in sight, and this past week’s barrage of startup funding announcements have put the spotlight on a few companies led by female entrepreneurs and CEOs. Though, this begs the question: Is this a one-time thing or is a trend picking up? ....
Results for Digital bank startup Lili scores $55M as freelancer economy continues to grow Dovi Frances and Group 11 lead the third round in Israeli fintech startup Lili, which looks to build on the growing U.S. freelancer market. Oshry Alkeslasi / 11 May 2021 • 2 min read Today (Tuesday), Lili, an Israeli fintech startup developing mobile financing tools for freelancers and small businesses in the U.S., announced the closing of a $55 million Series B funding round. The investment was led by investor Dovi Frances’s Group 11 - the third time the VC firm has led investment in less than a year. Up to 200K customers a year ....