CTech's Sunday Roundup of Israeli Tech News

Team management startup Monday.com raising new round at $2 billion valuation; Ahead of launch, Amazon chooses local packaging supplier in Israel

Team management startup Monday.com raising new round at $2 billion valuation. Monday.com develops and markets a team management platform for organizations and businesses. Read more

 

Ahead of launch, Amazon chooses local packaging supplier in Israel. Weeks after announcing operations in Israel, Amazon names Hadera Paper as its official packaging supplier for the company’s activities in the country. Read more

 

Amazon founder Jeff Bezos. Photo: Reuters

Teva’s shady legal past still weighs on the debt-laden pharma company. On Friday, 43 states joined Connecticut in filing a lawsuit against senior Teva executives and against over a dozen former and current senior executives at leading generic drug companies, alleging all were involved in a drug price-fixing conspiracy. Read more

 

Siemens enters strategic partnership with Israeli predictive maintenance startup Presenso. Presenso develops predictive machine learning algorithms designed to anticipate industrial machine failures. Read more

 

Expert | The CRISPR races. From racehorse breeding to human medicine, CRISPR gene editing is the future. Researchers worldwide are racing for the patent. Read more

 

Burn treatment company MediWound enters licensing agreement with Vericel. The agreement, for commercial rights in North America to Mediwound’s flagship burn treatment NexoBrid, could net the company up to $150 million. Read more

 

From pooptech to traveltech, Google announces startups selected for its Tel Aviv accelerator. Throughout the four-month program, startup executives will meet with experts from Google to receive training and support for scaling up and expanding to global markets. Read more

 

German insurer Munich Re to insure cryptography security startup Curv. Curv develops a cloud-based digital asset management service that includes the setup, management, and maintenance of blockchain infrastructure. Read more

 

In case you missed it: On Israel’s Independence Day, Calcalist released its annual ranking of the country’s top 50 most promising startups.