Who is aiming for a $100 million IPO and why shouldn't the UAE receive F-35s?
CTech Daily Roundup: Normalization is great, but UAE must not receive U.S. F-35s, warns former Israeli general
Shlomo Kramer backed Sumo Logic aims for $100 million Nasdaq IPO. Kramer is also one of the main backers of Israel-based Gong, which recently completed a funding round at a valuation of $2.2 billion. Read more
F-35. Photo: Courtesy Team Israel Start-Up Nation partners with Sonovia to develop innovative SonoMasks for Tour de France. True to form, Israelis have innovated Covid-19 protective masks for their first attendance in the elite cycling race. Read more
Analysis | Wave of tech startups entering Nasdaq via SPAC backdoor. Over recent months tech companies are returning SPACs to their former glory, raising a record $31.3 billion through 70 different listings in 2020. Read more
Opinion | Evolve or die: The cybersecurity industry’s challenges in the post-coronavirus world. Organizations must be ready to adopt changes in order to ensure we can securely conduct our new remotely-managed lives. Read more
Israel’s Bank Leumi negotiating collaboration with Emirati bank, reveals Leumi exec. “We, at Leumi, believe there is a golden opportunity for collaborations here and we intend to be an active party,” said Shmulik Arbel. Read more
Opportunities in the Gulf: The UAE has an appetite for advanced technologies, says IAI deputy CEO. yal Younian, deputy CEO of state-owned defense contractor Israel Aerospace Industry spoke Wednesday at Calcalist’s online conference on the business potential the UAE presents for Israel. Read more
Israel Arab sector presented with huge opportunity in UAE deal. Alan Feld, co-founder and Managing Partner at Vintage Investment Partners, and Yifat Oron, Leumitech CEO, believe that the agreement could prove to be significant for the local tech market already in the near future. Read more
