Who raised a $170 million fund and how much Bitcoin are hackers demanding from a breached insurance company?
CTech Daily Roundup: Entrée Capital closes $125 million fund to invest in growth startups headed by Israeli founders
Interview | NewRocket’s next-generation engines aren’t just futuristic, they’re green. After NewRocket receives a seed stage investment to produce its low-cost, green engines that rely on clean nontoxic gel fuel, the company is looking to partner with aerospace groups for further testing. Read more
Israel Aerospace Industries and Bahrain’s Gulf Air to enter a line maintenance agreement. IAI will welcome and provide a technical response to all of Gulf Air’s airplanes planned to land at Israel’s Ben Gurion Airport. Read more
After departing from Mellanox, Eyal Waldman to join board of Israeli startup Pliops. Waldman’s joining the board signals that the company is ramping up the commercial release of its storage processor. Read more
Israeli applications underway for a spot at the ‘Startup World Cup’ 2021. Spearheaded on the ground by Israel’s Tech It Forward, the winning team has a chance to earn a $1 million investment from Silicon Valley VC Pegasus Tech Ventures. Read more
Israeli digital health VC OTV raises new $170 million fund. "The Covid-19 pandemic elucidated the importance of digital products to the global healthcare ecosystem," said OTV General Partner Alejandro Weinstein. Read more
Bizzabo founders and investors to net over $70 million from latest round. The founders, investors and veteran employees will receive approximately 60% of the $138 million round, with the remainder of the money going to the company. Read more
Hackers demand $1 million in Bitcoin from breached insurance company. Black Shadow threatens to dump batches of its clients’ information every day until the ransom is paid. Read more
Zoom interviews: “some candidates benefit from it, others feel uncomfortable.” Speaking with CTech, Moburst’s Noy Regev highlighted how companies moving remote can have different effects on candidates during the hiring process. Read more
Who is the Emirati businessman who wants a piece of Hogeg’s Beitar? Hogeg is looking to sell a 49% stake in the club for a reported 28 million euros to Sheikh Hamad bin Khalifa Al Nahyan, a member of the UAE's royal family. Read more