How many Israeli unicorns are there in California and who raised $20 million to build a crypto wallet?
CTech Daily Roundup: Property management platform Guesty raises $50 million led by Apax as travel returns
Placer.ai raises $50 million series B led by Product Hunt CEO. In the last year, the Israeli startup continued to expand its presence in core markets like Commercial Real Estate, Retail, Municipal governments, and Hospitality while advancing into new segments like CPG and Hedge Funds. Read more
REE platforms. Photo: REE ZenGo closes $20 million series A to build unique retail crypto wallet. The Israeli startup plans to use the funds to expand its set of financial services, including a VISA payment card, and a bigger set of choices for on-ramp, off-ramp, trade and savings options. Read more
Toyota subsidiary Hino to partner with REE on electric commercial mobility solutions. The companies will first work to develop hardware prototypes by 2022, while evaluating business models, engaging potential customers, and conducting demonstrations in parallel. Read more
Bank branches irrelevant during the pandemic, fees obsolete, says CEO of Lili. CEO of the largest freelance bank in the U.S. Lilach Bar-David spoke during Calcalist and Google’s Startup Week. eToro CEO Yoni Assia explained the mass influx of private investors to digital investing platforms. Read more
Materials Zone raises $6 million series A to boost AI materials discovery platform. The Israeli startup has developed a platform designed to make the process of development and manufacturing of any physical product faster and cheaper. Read more
California is now home to 22 Israeli-founded unicorns. The Golden State has the most Israeli-founded unicorns of any state, but New York trails by just one, according to data collected by the United States – Israel Business Alliance. Read more
Israeli meat-alternative startup Chunk Foods raises $2 million in pre-seed led by Stray Dog Capital. Chunk Foods leverages cutting-edge fermentation technology to produce whole-cut plant-based meat products. Read more
Israel’s Mizrahi-Tefahot Bank selects Finastra for cross-border payments. Fusion Payments To Go will help the bank enhance its customer experience. Read more
Tech on the Roof | Rewire: Covid-19 increased the diversity of our team. Speaking at Calcalist’s Tech on the Roof, CEO Guy Kashtan discussed how remote working led to an expansion in diversity efforts. Read more
