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Startup
Israeli startup creates lab-grown blood cells without donors in major breakthrough
RedC Biotech revolutionizing healthcare with technology to mass-produce red blood cells from stem cells; aimed at solving blood donation shortage, it offers safe, contamination-free supply, vital for patients needing frequent transfusions
Eitan Gefen
|
12.25.24
Cybersecurity dominates Israeli fundraising as startup numbers decline
Despite $9.7B funding boost in 2024, Israeli high-tech stagnates amid declining foreign investment and overreliance on cybersecurity; RISE Institute calls for government action, global investor ties and measures to counter brain drain for growth
Sophie Shulman, Calcalist
|
12.24.24
Israeli robotics startup lauded by Elon Musk sinks into million in debt
BionicHIVE, celebrated as 'the robot future', appeals for its dissolution in court after racking up a NIS 66 million debt over economic difficulties amid war
Lital Dobrovitsky
|
12.22.24
Startup CEO who was seriously injured in Gaza records $100 million exit
Israeli exit: The U.S. company Boomi has acquired the Israeli startup Rivery, which has developed a platform for managing, building and automating data for clients around the world
Meir Orbach
|
12.18.24
Ehud Barak's spyware startup Paragon acquired for up to $900M
Israeli offensive cyber company co-founded by former Prime Minister Ehud Barak, will be sold to US private equity firm AE Industrial Partners for $900 million; The deal includes an upfront payment of $500 million and an additional $400 million contingent on achieving business milestones
Tal Shahaf
|
12.16.24
Wiz will be the biggest company of its field in the world: Top female cyber executive shares outlook
In an exclusive interview, Wiz's CMO & VP of Product Strategy forecasts how the cybersecurity company will eclipse its competition, why it was wrong to accept Google's lavish purchase offer, why connections with the group of founders is considered an opportunity and how she learned to embrace failure
Diana Bahur Nir
|
11.29.24
Israel offers investment opportunities in tech, amid war
Few investors are visiting Israel, creating opportunity to invest in 9,000 startups at lower valuations; the third Israel Tech Mission brings 44 entrepreneurs and investors to connect with Israel's high-tech sector
Felice Friedson, The Media Line
|
11.26.24
Israeli cyber unicorn Cyera doubles valuation to $3B with $300M Series D
In April, Cyera raised $300 million in funding, achieving a valuation of $1.4 billion and earning unicorn status; company plans to hire approximately 200 employees by end of 2025, with majority of new roles based in Israel
Meir Orbach, Calcalist
|
11.21.24
Nine Israeli startups in Time Magazine's annual best inventions list
Complex and impressive innovations ranging from beekeeping to AI enter the prestigious magazine's list of 200 best innovations of the year
Raphael Kahan
|
11.04.24
Despite war-induced economic strain, Israeli tech sees surge in massive fundraising rounds
Ongoing war, economic pressures and budget cuts haven’t slowed Israeli high-tech; recent fundraising shows sector's resilience, with new and smaller investors stepping in as major funds pull back; experts project 2024 investments could reach $10 billion
Tal Shahaf
|
11.01.24
Israeli startup tackles dry eyes without a single drop
Dry eyes are common due to prolonged screen time or tasks that require concentration; Blinkaid attempts to solve this problem with glasses that involve AI
Ron Krisi
|
09.14.24
Israeli company Quantum Source raises $50 million
The Israeli quantum computing company announced one of the largest funding rounds in Israel’s quantum computing sector; Five years ago, Google demonstrated how a quantum computer could perform in 200 seconds a calculation that would take a powerful conventional computer 10,000 years to complete
Tal Shahaf
|
09.10.24
Groundbreaking valve innovation yields major exit for Sheba: 'A solution for millions, replacing open-heart surgery'
Founded by Sheba Medical Center heart surgeons, Innovalve Bio Medical's catheter-based valve replacement system offers a promising alternative to open-heart surgery
Alexandra Lukash
|
07.17.24
Go remote: Israeli startup redefining autonomous cars
Ottopia CEO Amit Rosenzweig says true self-driving cars are far off, but new technologies his company developed allow remote drivers sitting in front of a computer to safely navigate them to wherever they need to go
Israel Wullman
|
06.17.24
Gaza war compromises high-tech sector, raising capital plummets
Alarming data from the Israeli Innovation Authority shows investments in startups down by more than half, and continuation of the Gaza war will only make it worse
Israel Wullman
|
06.04.24
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