CTech’s Thursday Roundup of Israeli Tech News

Communication equipment firm ECI filed for a London IPO. Spyware marketed by Israeli Company NSO detected in 45 countries

Communication equipment firm ECI filed for a London IPO. ECI seeks to raise around $230 million in new and existing shares, according to the company’s registration documents. Read more

 

Spyware marketed by Israeli Company NSO detected in 45 countries. According to a new report, activity related to the mobile spyware was found in countries including the U.S., U.K., Canada, the UAE, Saudi Arabia, Egypt, Jordan, Lebanon, Israel, and the Palestinian territories. Read more

 

Blood test startup MeMed raises $70 million to expand offering. MeMed will use the funding to launch a new model of its automated blood testing device and to expand the range of tests it offers. Read more

MeMed co-founders Kfir Oved (left), and Eran Eden (right). Photo: Shlomi Yosef

 

Analysis | Israel’s mobility landscape is revving up. The first wave of Israeli mobility startups is now at its peak, with companies focusing on in-vehicle and mobility services technologies. Read more

 

Home cannabis farming startup Seedo raises $2 million. Seedo develops a fully autonomous, 90-day seed-to-flower cannabis growing box that looks like a techy mini-fridge. Read more

 

SAP expands Israeli development operation to support cloud partnership with Alibaba. SAP and Alibaba have partnered to market and adapt SAP’s cloud business suite SAP S/4HANA for the Chinese market. Read more

 

Israeli private equity firm in negotiations to sell roaming services company Starhome. Founded in 1999 as a unit of Israeli telecommunications company Comverse, Starhome reports a customer base of more than 300 mobile network operators. Read more

 

Travel packages insurance startup Setoo raises 8 million Euros. Setoo offers travel industry companies the ability to create personalized insurance policies relevant to a specific package purchased by a customer. Read more

 

 

News Briefs

 

Elbit Systems announces $173 million deal to supply naval weapon stations to an Asia-Pacific country. Read more

 

Marketing analytics startup Singular raises $30 million. Read more

 

Takeaway.com’s shareholders approve €135 million acquisition of Israeli food delivery company 10bis. Read more