CTech's Wednesday Roundup of Israeli Tech News

Anaplan buys predictive analytics startup Mintigo; Israel's inclusion in the FTSE index could affect local pensions, real estate

Anaplan buys predictive analytics startup Mintigo. The deal is valued at tens of millions of dollars, according to one person familiar with it. Read more

Jacob Shama, Mintigo's CEO. Photo: Mintigo

Analysis | Israel's inclusion in the FTSE index could affect local pensions, real estate. The pending inclusion is a vote of confidence in Israel's economic strength, but it could also have a negative effect on the local quality of life. Read more

 

Israeli health ministry approves seven new medical cannabis growers to battle market shortages. A national reform intended to regulate the entire supply chain of medical cannabis will come into full effect on Sunday. Read more

 

The Canadian Securities Exchange, OTC Markets Group to host cannabis conference in Tel Aviv. The conference, which will take place on September 16, is intended to assist private and publicly traded cannabis companies in their globalization efforts and business development strategies. Read more

 

Bank Leumi promotes Hanan Friedman to CEO. In June, Rakefet Russak-Aminoach announced she would be stepping down as the bank’s CEO after a seven-year tenure, as soon as Leumi’s board names her replacement. Read more

 

Tel Aviv venture capital firm F2 Capital raises second, $75 million fund. F2 has already raised $55 million in commitments for the new fund, according to a Monday filing. Read more

 

Music education startup JoyTunes raises $25 million. Simply Piano, JoyTunes’ signature app, shows users which piano keys to press to play the song of their choice, and has more than 10 million downloads. Read more

 

Cybersecurity startup Axonius raises $20 million. Founded in 2017, Axonius develops a cybersecurity asset management service that integrates information from connected devices to enable IT and security operations teams to manage and secure them at scale. Read more

 

Teva crashes following Purdue Pharma $10-$12 billion settlement reports. Teva, like many other opioid manufacturers operating in the U.S., will be facing multiple opioid abuse-related lawsuits at a trial set to start in October at an Ohio federal court. Read more

 

Legal scholars ask El Al to stop transporting deported Israel-born children of migrant workers. Researchers from the University of Haifa alleged in a letter to El Al that its part in flying deportees makes it an active party in the potential harm that may incur children who are being severed from their known environment. Read more