Israeli startups raised $550m in May
Investment in private Israeli technology companies reached just $2.7 billion in the first five months of 2023.
Israeli startups raised $550 million in May 2023,…
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Israeli
Israeli cloud platform co Ariga raises $18m
Israeli cloud platform company goat announced the completion of an $18 million funding round led by Tiger Global and TLV Partners along with angel investors. The Tel Aviv-based company also announced the launch of the…
Fusion closes $20m pre-seed fund for Israeli startups
Accelerator program fusion Today it announced the final closing of its $20 million fund to invest in pre-existing startups created by Israeli entrepreneurs. The fund has already invested in more than 30 Israeli startups…
Halliburton targets Israeli energy startups
Over the past 15 years, energy giant Halliburton has undergone significant change as it shifted its focus from new drilling to a model focused on enhanced profitability and demanding technology solutions. These…
Energean CEO: Israeli tech may bring good news to energy industry
Russia's invasion of Ukraine, price hikes, and a European pipeline explosion have been among the upheavals in the energy sector over the past 18 months, but there are also reasons for optimism coming from Israel all over…
Deposits in Israeli banks fail to fully reflect rate hikes
With banks announcing record profits, the Israel Competition Authority asked banks to provide details about interest rates paid on deposit accounts.
After the Bank…
Israeli wound management co RedDress raises $26m
Israeli Wound Management Company Red dress Today I announce the completion of a $26 million Series D funding round with participation from ATHOS Biopharma GmbH and other life sciences investors including HCS Capital…
Israeli food-tech co DouxMatok raises $30m, rebrands as Incredo
Israeli food technology company Do matoc announced the completion of a $30 million Series C funding round and was rebranded as Incredo. The new name is based on the company's signature product, Incredo Sugar. The latest…
Manulife buys control of Israeli data centers co Serverfarm
Canadian company Manulife Investment Management has announced that it has entered into a definitive agreement to acquire a controlling stake in the Israeli data center owner and operator Serverfarm. Manulife's…
Israeli tech entrepreneur Zohar Zisapel dies at 74
Zohar Zizebel, one of Israel's most prominent tech entrepreneurs and a prominent figure in the local industry, has passed away at the age of 74.
Zohar Zezebel, together with his brother Yehuda, controls RAD Data…
