Who signed a $182 million deal and is Lemonade really worth $10 billion?
CTech Daily Roundup: The plummeting USD is taking the Israeli tech sector down with it
Carbyne raises $25 million to expand emergency call center response solution. CEO says demand driven by Covid-19 outbreak saw the company’s revenue leap by 350%. Read more
Lemonade IPO. Photo: Lemonade Slovakia signs $182 million deal to become latest NATO member to purchase Israel’s MMR radar. The acquisition of the radar, which detects airborne threats and calculates their threat level, comes at a time in which several Eastern European countries are bolstering their military capabilities in light of Russia's aggressive actions over recent years. Read more
Analysis | Is Lemonade really worth $10 billion? Depends on who you ask. The Israeli founded online insurance company shares some striking similarities with auto market disruptor Tesla, but not when it comes to the bottom line. Read more
Influencer marketing match-maker Humanz raises $3 million in seed. As followers start to feel ‘fatigued’ by sponsored content online, Humanz helps brands connect directly to micro-influencers to help spread their word. Read more
HR Post Covid | Logz.IO tackles the challenge of supporting employee burnout remotely. As remote work continues to blur the line between work and leisure, Logz.IO’s VP of HR shares how the company helped its employees from afar. Read more
Adama seeks cutting edge Israeli agtech to complement its crop protection products. The chemical giant, together with GrowingIL, is holding a contest to find solutions to help farmers keep afloat and feed the globe despite natural and regulatory hurdles. Read more
Pitango invests in startup of former Talpiot commander. Israeli company Swimm raises $5.7 million in total to build codebase sharing platform. Read more
Opinion | Not All Bad: Covid-19 hampered the high-tech industry but also accelerated important technological processes. 2020 has been a roller coaster – and now that this crazy ride is finally behind us, we can look back and discuss the many obstacles that made this year difficult. Read more
