CTech's Monday Roundup of Israeli Tech News
Israeli military drones deal challenged over China link. Cayman Islands is Israel’s third largest source of foreign investment
16:5430.07.18
Israeli military drones deal challenged over China link. A $27 million drone deal between Israel-based Aeronautics with the Thai government led to a complaint lodged with the Israeli Ministry of Defense. A previous complaint filed by the same plaintiff last year led to a still ongoing police investigation against Aeronautics. Read more
Aeronautics CEO Amos Matan. Photo: PR
Aeronautics CEO Amos Matan. Photo: PR Cayman Islands is Israel’s third largest source of foreign investment. Use of the offshore financial haven masks the true origin of money pouring into Israel’s tech sector. Read more
Takeaway.com deal highlights Israel’s top job perk: prepaid lunch cards. On Saturday, Takeaway.com announced a 135 million euros deal to acquire Tel Aviv-based lunch card provider 10bis. Read more
Yuval Noah Harari snubs Israeli consulate over anti-liberal legislation. The celebrity historian cited recent decisions by the Israeli government impacting the rights of gay couples and ethnic minorities. Read more
Cancer screening company Nucleix raises 2.5 million euros. Founded in 2008, Nucleix develops urine and blood-based non-invasive, molecular cancer screening tests. Read more
News briefs
France invests in Israeli venture capital firm JVP. Read more
Israeli phone recording company Celtinel buys business intelligence startup Corr.Bi. Read more
