By the NoCamels team

June 27, 2017 | Awz HLS Fund, a Canadian venture capital firm focused on security and intelligence technologies, has invested $5.25 million in Israeli startup Octopus Systems. Founded in 2013 by Tal Bar Or and Baruch Tagori, Octopus has developed a cloud-based security platform that identifies, prevents, and neutralizes physical and cyber-attacks from within and outside […]

June 27, 2017 | Israeli retail tech startup Trax has raised $64 million in its fourth financing round. Warburg Pincus was the lead investor, providing $50 million. To date, the company has raised $167 million. Last week, Trax partnered with Nielsen International to market a product line together. Trax founders Yoel Bar-El and Dror Feldheim hope […]

June 27, 2017 | Mitoconix Bio, a budding Israeli biopharmaceutical startup focused on therapies for neurological diseases, has secured $20 million in a Series A funding round led by Remiges Ventures. Founded in 2016 at the FutuRx biotechnology incubator, Mitoconix Bio has developed a unique method of slowing neuro-degenerative diseases using drugs which improve mitochondrial […]

June 27, 2017 | Israeli personalized diets startup DayTwo has raised $12 million in a Series A round of financing led by Johnson & Johnson Innovation. This investment brings the company’s total funding to $17 million. Founded in 2015 and led by CEO Lihi Segal, DayTwo uses individuals’ gut bacteria to create personalized nutrition. The new funds will help […]

June 25, 2017 | Augury, an Israeli industrial Internet of Things (IIot) company, has raised $17 million in a Series B financing round. Founded in 2011 by Gal Shaul and Saar Yoskovitz, Augury provides mechanical diagnostics, combining artificial intelligence and IIoT technology to help industrial companies monitor and maintain their machinery in real-time. The round […]

June 25, 2017 | Israel’s Innovation Authority has created a visa program in which foreign entrepreneurs can choose among 12 approved “landing pads” to establish entrepreneurship initiatives. Of the approved organizations are various investment funds, incubators, and nonprofits, such as: Tel Aviv Global, TechForGood, Lighthouse, and TheHive. If an entrepreneur’s initiative matures into a company within […]

June 25, 2017 | Furniture giant IKEA is scouting for six to 10 Israeli startups for its upcoming IKEA Bootcamp, starting September 18. The Swedish company will hold an event in Tel Aviv, Israel, on June 29 at WeWork, where startups will pitch their solutions to everyday challenges to key decisions makers from the IKEA Bootcamp […]

June 25, 2017 | Israeli flavor and fine ingredient company Frutarom Industries has acquired 80 percent  Brasil Indústria E Comércio (SDFLC), a Brazilian producer of flavors for ice creams and desserts, for $33 million. This is Frutarom’s fourth acquisition in 2017, and will bolster the company’s presence in Brazil and Latin America. Founded in 1933, Frutarom is led by president and […]

June 21, 2017 | Technology giant Intel is teaming up with Israeli think-tank and venture capital firm Team8, to foster cyber-security innovation. The chip maker, which already employs thousands in the Startup Nation, joins current Team8 cyber syndicate members Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia, Eric Schmidt’s Innovation Endeavors, and others. Intel will work […]

June 20, 2017 | Israeli medical marijuana startup iCAN has announced a joint venture with Australian company LeafCann Research and Advisory. The new venture will take advantage of Israel’s leadership position in the research and development of medical marijuana, in combination with Australia’s lax regulations. Founded in 2015, iCAN is a leading Israeli developer of cannabis-based formulations, clinical trials and cannabis testing. The firm […]

June 15, 2017 | WhiteSource, an Israeli provider of continuous open source software security and compliance management, has secured $10 million in Series B financing. The round was led by 83North with additional participation from Microsoft Ventures and David Strohm of Greylock Partners. Founded in 2011 by Azi Cohen, Rami Sass and Ron Rymon, WhiteSource allows engineering, security and compliance officers […]

June 15, 2017 | Israeli bio-pharmaceutical company Eloxx  has raised $24 million from Catalyst CEL Fund, Israeli venture capital fund for life sciences Pontifax, and others. The 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 […]

June 14, 2017 | The Technion Research & Development Foundation (TRDF) has partnered with UG Capital Management Ltd (UCG) to establish a $200 million venture capital fund. The fund will focus on technology and science companies associated with the Technion-Israel Institute of technology, and its alumni. UCG is a Chinese venture capital firm, part of the larger United Gain Investment. The […]

June 14, 2017 | Bancor, an Israeli startup that has developed a virtual currency conversion platform, yesterday raised $153 million in just three hours. This Initial Coin Offering is the second-largest fundraising campaign in the blockchain industry, according to Bancor. Founded in 2016 by Guy Benartzi, Eyal Hertzog, Yehuda Levi and Galia Benartzi, Bancor enables its users […]

June 13, 2017 | Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) have announced that Canada’s leading equity markets have expanded into Israel. Yossi Boker, who has more than 25 years’ experience in entrepreneurship and high-tech in Israel, has been appointed to lead the expansion as the Head of Business Development. The move will give […]