Technology

Israel’s Innoviz Completes SPAC Merger To Go Public At $1.4B Valuation
The Israeli firm will also ramp up production of its automotive-grade, solid-state LiDAR sensor InnovizOne.
April 06, 2021

Techstars Taps 10 Startups For 2nd Cohort Of Tel Aviv Accelerator
A number of the selected startups are developing technologies that address a post-pandemic world; the 13-week program ends in July.
April 05, 2021

First Investments By VC Funds In Israeli Tech Soar To 7-Year High In 2020
Even amid pandemic challenges, VC funds added a total of 620 new firms to their portfolios, up from 470 in 2019 and 439 in 2014, report shows.
April 04, 2021

Weather Platform ClimaCell Raises $77M, Launches As Tomorrow.io
Tomorrow.io is building proprietary satellites with radar, and launching them into space to improve weather forecasting capabilities.
April 01, 2021

Rivery Raises $16M Series A To Expand SaaS DataOps Platform
Rivery is a SaaS data management platform that gives companies control over their organizational data through data processes.
April 01, 2021

Next Insurance Doubles Valuation To $4B With New $250M Funding Round
Next Insurance offers small business insurance in the US; it last raised $250 million in September 2020 at a $2 billion valuation.
March 31, 2021

Israeli-Founded Firm Applitools Acquired By US Fund Thoma Bravo
Applitools provides AI-based cloud engine solutions to help software engineers with visual testing for their applications.
March 31, 2021

Microsoft Said Set To Invest Some $1 Billion In Israel
Microsoft is in talks to grow its Israel operations, adding to plans to launch a cloud data center later this year.
March 31, 2021

Nvidia Announces Plans To Expand In Israel, Recruit 600 Engineers
The operations expandion comes a year after Nvidia completed the $7 billion acquisition of Israel’s Mellanox Technologies.
March 31, 2021

Andreessen Horowitz Leads $90M Investment In Israeli Saas Platform Capitolis
Capitolis provides financial resource optimization for over 75 financial institutions, hedge funds and asset managers.
March 30, 2021

Israeli Tech Enables KFC, Pizza Hut To Accept Food Orders On Social Media, Chat
Tictuk will provide ways for consumers to order Yum! Brands' fast food through social media platforms and messenger apps.
March 30, 2021

Zoomin Software Raises $52M To Fuel AI-driven Product Info Experiences
The investment in Zoomin Software was led by General Atlantic with Bessemer Venture Partners, Salesforce Ventures, and Viola Growth participating.
March 30, 2021

OurCrowd Launches Water Tech, Agtech Investment Portfolio With US Firm
The two companies said they will work to invest in leading water and agricultural technologies, with a focus on the Mideast.
March 29, 2021

Israeli Cybersecurity Startup Morphisec Raises $31M Funding Round, Led by JVP
Israeli cloud-delivered endpoint and server security solutions startup Morphisec has raised $31 million in a funding round led by Israeli global VC Jerusalem Venture Partners (JVP.) Other existing investors participated in the round including Orange and Deutsche Telekom Capital Partners. Founded in 2014, Morphisec offers enterprises cutting-edge cyber prevention that automatically stops the most dangerous […]
March 25, 2021

MassChallenge Israel Names 42 Startups To 2021 Accelerator Cohort
The MassChallenge Israel accelerator program includes 29 Israeli startups from over 400 candidates as well as startups from Mexico, Rwanda, the US, and more.
March 24, 2021