September 13, 2017 | Tamir Fishman investment house CEO Eldad Tamir, and former Intel vice president Dedi Perlmutter are launching a new technology-related investment fund worth NIS 400 million ($113 million). The fund, Eucalyptus, is a spinoff of a previous fund started by by both investors in 2015. The original fund was discontinued. The new fund is part of a tender published by the Ministry of Finance and the Israel Securities Authority designed to provide funding to startups. An IPO on the stock exchange is already being considered, with capital to be raised from institutional investors.    

September 11, 2017 | Technion – Israel Institute of Technology has created an innovative partnership with Chicago’s Current Research Consortium of academics and water management groups to drive economic development and develop solutions to the world’s water challenges. This Memorandum of Understanding an agreement that both parties will work together to test and approve water technologies. Chicago Mayor Rahm Emanuel is currently in Israel with a group of business leaders, investors, water experts and more, to establish cooperation between the two groups. [Photo: Michael Ball]              

September 7, 2017 | Intel will integrate the Israeli-developed freeD video technology into 11 American football stadiums in the upcoming NFL season. The sports imaging technology, developed by Israeli startup Replay Technologies,was acquired by Intel for $175 million a year and a half ago. It captures action-packed moments from sports events at every angle, using a system of HD cameras and servers to create an immersive 3D experience. Through stadiums equipped with this 360-degree replay technology, fans can watch and share parts of the game through the NFL.com website, NFL’s YouTube app and channel, and more. [Photo: US Navy]  

September 4, 2017 | Israeli mobile taxi-hailing service Via has raised $250 million in a financing round led by car manufacturer Daimler, which brings its total equity to $387 million. Founded in 2012 by Israelis Daniel Ramot and Oren Shoval, Via has developed an algorithm that matches, in real time, multiple passengers traveling in the same direction with a single large SUV or van.

August 29, 2017 | Israeli company ScaleMP, a provider of virtualization solutions for high-end computing, has raised $10 million. The funds will further accelerate the company’s growth, enhance the company’s products and technology, and expand its support for partners. The investment was led by Israel’s Leumi Partners. Founded in 2003 by Shai Fultheim, the company has raised $18 million to date.

August 28, 2017 | Israeli startup R2Net, which operates popular diamond trading website JamesAllen.com, has been sold to Bermuda-based Signet Jewelers for $328 million. Now one of the world’s largest online jewelry retailers, the company was founded by Israeli Oded Edelman, James Schultz, Michele Sigler and Dean Lederman in 2006. [photo by Wesley Tingey]

August 28, 2017 | Israeli cloud technology startup Redis Labs has raised $44 million in Series D funding. This brings the company to $86 million in total funding to date. The round was led by new investor Goldman Sachs Private Capital Investing and existing investors Bain Capital Ventures and Carmel Ventures, with participation from Dell Technologies Capital. Founded in 2011 by Yiftach Shoolman and Ofer Bengal, the startup has developed a popular in-memory database platform called Redis Enterprise, as a service in all major clouds, and as downloadable software. It powers e-commerce, social, personalization, IoT, metering, fraud detection and other real-time applications.

August 9, 2017 | Technology giant Intel has completed the acquisition of Israeli company Mobileye for $15.3 billion, the largest deal in Israel’s history. The two companies entered the acquisition agreement earlier this year. Mobileye was founded in Jerusalem, Israel, by Prof. Amnon Shashua and Ziv Aviram in 1999 and went public in 2014. It has developed a warning system that alerts drivers of road hazards using software, cameras, and sensors. It’s also a major player in the autonomous car industry.

August 7, 2017 | Israeli venture capital firm Vintage Investment Partners has raised $215 million for its tenth fund, bringing its total equity to $1.5 billion. Founded by Alan Feld, Shlomo Dovrat, and Aharon Dovrat in 2003, the VC has invested in some 25 startups.

August 3, 2017 | Israeli bio-pharmaceutical company Eloxx has raised $8 million in a Series C funding round led by LPS, a leading healthcare investor. Other investors such as Pontifax VC, Catalyst, KIP, DSC Funds, Dr. Phil Frost, OPKO Health Inc., and private investors also participated. This brings the company’s total equity to $38 million. The Herzliya company develops treatments for patients with rare genetic diseases triggered by mutations like Cystic Fibrosis and Cystinosis. Founded in 2013 by Dr. Silvia Noiman, Eloxx recently merged with Sevion Therapeutics and became a Sevion subsidiary. Sevion will use the name Eloxx and attempt to list its shares on Nasdaq.