Technology

API Cybersecurity Firm Salt Security Closes $20 Million Series A Funding Round
Salt Security has raised a total of $30 million in equity financing to date.
June 17, 2020

New Herzliya Innovation Hub Backed By Hyundai To Focus On Mobility, Industry 4.0
The new center is designed to support the growth of innovative startups in various sectors including automotive and mobility, industry 4.0, and energy and logistics.
June 17, 2020

6 Israeli Companies Named Technology Pioneers 2020 By World Economic Forum
This year’s cohort includes companies in Industry 4.0, alternative meat, healthcare, environmental tech, cybersecurity and food security.
June 16, 2020

Taiwan Firm Sets Up $70M Program To Invest In Israeli Startups
25 Israeli startups were selected for the inaugural IP² LaunchPad which will provide companies with exposure to East Asian markets.
June 14, 2020

Israeli-Founded Insurance Startup Lemonade Files For IPO
US-Israeli online insurance company Lemonade has filed to go public. The company filed a registration statement this week with the US Securities and Exchange Commission (SEC) for an IPO (initial public offering) on the New York Stock Exchange (NYSE) under the LMND ticker symbol. The number of shares to be offered and the price range […]
June 11, 2020

Israeli Securities, Innovation Authorities Launch New Program For Fintech Startups
The Israel Securities Authority (ISA) and the Israel Innovation Authority (IIA) launched a new program this week for fintech startups aimed at offering direct collaboration between regulators, regulated entities, and companies in the industry. Called Data Sandbox, the program supports Israeli companies that meet “the real-world needs of the industry,” the Innovation Authority said. It […]
June 11, 2020

Cyber Startup Co-Founded By Ex-Shin Bet Chief Raises $7M For Preemptive Security Tech
Opora was co-founded in 2018 by Yuval Diskin who served as Shin Bet director from 2005-2011, and has been operating in stealth mode.
June 11, 2020

Insurance Data Platform Planck Raises $16M In Round Led By Team8 Capital
US-Israeli commercial insurance data platform Planck has raised $16 million in a Series B funding, the company announced Wednesday. The investment round was led by Team8 Capital, the venture arm of Israeli think tank and content creation platform Team8, with participation from new investors Nationwide and HDI Group, and all existing investors including Viola FinTech, […]
June 10, 2020

Israel’s ChargeAfter Partners With MUFG To Expand Financing Platform
Israeli financing platform ChargeAfter has secured an investment from MUFG Innovation Partners, the venture capital arm of Japanese financial services company MUFG, the company announced on Tuesday. Financial details of the investment have not been disclosed but comes as part of a larger partnership between the companies, that is designed to help the firm in […]
June 10, 2020

Israel’s Otonomo Partners With Fiat Chrysler Automobiles In Europe
Israeli startup Otonomo, a data services platform for autonomous and connected cars, has signed an agreement with Fiat Chrysler Automobiles (FCA) to provide the Italian-American carmaker with a range of services in Europe, the company announced on Tuesday. Otonomo will receive de-identified, aggregated data from FCA connected vehicles in Europe in order to provide the […]
June 09, 2020

All Mine: Israeli Privacy Startup Wants Users To Reclaim Their Data
Tel Aviv-based startup Mine empowers users to discover their digital footprint while also supporting them in their efforts to take it back.
June 09, 2020

Israel Innovation Authority Approves $43M Budget For 3 R&D Consortia
The Israeli government's investment arm will establish these groups focused on autonomous driving, quantum communications, and material processing.
June 08, 2020

Fearing Another Outbreak, Israel Launches Local Production Line for N95 Masks
The production line in Sderot has a production capacity of two million masks per month.
June 07, 2020

Pandemic Puts Small, Early-Stage Companies At Risk of Closure, Surveys Show
The COVID-19 pandemic has had a dire effect on the future viability of small, early-stage startups, according to two separate, recently released reports.
June 07, 2020

Nanox Nabs Additional $20M From SK Telecom To Democratize Medical Imaging
Founded in 2018, Nanox is developing a commercial-grade digital X-ray source for medical applications.
June 07, 2020