Technology

AXA Ventures Leads $5M Funding Round In Israeli Cybersecurity Startup Hub Security
Israeli startup Hub Security, which offers military-grade cybersecurity solutions for fintech, cloud, blockchain and data storage, has raised a $5 million Series A funding round led by Paris-based firm AXA Ventures, with participation from Jerusalem-based crowdfunding platform OurCrowd, a statement from OurCrowd announced last week. The company said the investment will be used to strengthen […]
May 13, 2020

Electric Powertrain Systems Developer IRP Raises $17M To Advance E-Mobility Tech
The funding was led by Chinese VC firm Fosun RZ capital.
May 13, 2020

SAP Foundry In Tel Aviv Launches 2nd Cohort With 7 New Startups
The 12-week program focuses on early-stage startups using deep tech to build innovative software.
May 13, 2020

Smart Baby Monitor Company Nanit Raises $21M For Data-Driven Sleep Tracking
The funding was led by Jerusalem Venture Partners (JVP), Upfront Ventures, RRE Ventures, and Rho.
May 12, 2020

Nanofabrica Raises $4M Led By Microsoft Investment Arm M12
The Tel Aviv-based startup develops 3D printing tech that enables the manufacturing of precise parts for semiconductors, medical devices, and optical products.
May 11, 2020

Mobileye’s Amnon Shashua To Become Sole Controlling Shareholder Of New Israeli Digital Bank
Under the new agreement, Shashua will buy all of Nacht's holdings in the digital bank and take on all responsibilities.
May 07, 2020

Orca Security Raises $20M Series A Funding Round
The cloud security startup aims to help more global customers gain deeper visibility into Amazon Web Services, Microsoft Azure, and Google Cloud Platform in minutes.
May 05, 2020

Intel Acquires Israel’s Moovit In $900M Move To Accelerate Autonomous Transportation With Mobileye
Moovit is set to join the Mobileye business while retaining its brand and existing partnerships.
May 04, 2020

Israeli Initiative Taps Into Global ‘Maker Army’ For Tech-Driven COVID-19 Solutions
Tikkun Olam Makers (TOM) is leveraging its vast network of tech talent to develop and manufacture affordable products to provide much-relief during the pandemic.
May 04, 2020

Mastercard, Enel X Selected To Operate Fintech-Cybersecurity Innovation Lab
The lab will be established within the southern Israeli city's tech hub, adjacent to the financial center of the National Cyber Directorate.
May 04, 2020

Intel To Buy Israeli Transit Data Firm Moovit For $1 Billion – Report
Some $100 million will be earmarked to retain Moovit employees for the next two years, according to TheMarker.
May 03, 2020

AI Road Safety Startup Nexar Raises $52M, Launches COVID-19 Solution
Founded in 2015, Nexar uses smartphones to create an AI-backed vehicle-to-vehicle network that works to predict and prevent accidents.
May 03, 2020

Israeli Startup Otonomo Raises $46M To Expand Its Global Footprint
The Israeli automotive data services platform will also use the funding to further scale its business, with R&D and full-service customer support for partners.
April 30, 2020

European Investment Bank To Provide Israel’s Pluristem With $54M For COVID-19, Other Cell Therapies
Pluristem's PLX cell therapy is being used to treat coronavirus patients with severe complications.
April 30, 2020

Secret Double Octopus Raises $15M For Passwordless Authentification
Its solutions allow companies to leverage biometrics, mobile devices, and security keys to protect assets.
April 30, 2020