Who made 22x on their investment in just one year and which company raised $300 million?

Wiz raises $120 million from Salesforce and Blackstone. The company’s valuation in the round is expected to be higher than $1.7 billion, at which it was valued in its previous funding round. Read more

ChickP. Photo: ChickP

Elbit Systems reports a record $11.8 billion in orders backlog. The defense company registered 4.4% growth in the first quarter of 2021 and with more massive deals already made, no wonder its CEO is “very pleased with our results.” Read more

Getty Images leads $16 million investment in Promo.com. Tom More, Promo.com CEO, said the partnership “will enable our user community to market themselves in even more creative and ground-breaking ways.” Read more

BBC Global News chooses Taboola for its content recommendations provider. BBC.com has more than 145 million monthly readers and will use Taboola Feed outside the UK. Read more

Rapid Medical announces $50 million series D. The father and son-led company, which develops neurovascular medical devices, is eyeing global commercial expansion following the fundraising led by MicroPort. Read more

Ramon.Space raises $17.5 million for space supercomputing technologies. The space tech startup plans to expand its technology to transform satellites to become smart and autonomous, extending their lifetimes by providing in-orbit upgrades to applications as well as expand its global presence. Read more

IAI unveils innovative satellite operation management system. SatGuard uses artificial intelligence big data, and machine learning methods to monitor, operate, and manage satellites, extending their life once in orbit. Read more

Automotive chipmaker Valens secures billion-dollar SPAC. The Hod Hasharon-headquartered company has reached an agreement with PTK Acquisition Corp. to go public on NYSE. Read more

ChickP announces expansion into the Asia-Pacific region. The news comes alongside the appointment of Moy Teo as the company’s Business Development Director for Asia. Read more

AnyClip announces $47 million funding round for AI-powered video platform. The Israeli startup’s proprietary visual intelligence technology allows companies to mobilize their latent video by extracting and surfacing the data within them via real-time, AI-fueled tagging. Read more  

Appointments | Qumra Capital appoints Sharon Barzik-Cohen as Partner and COO. It is expected that Barzik-Cohen will ultimately become CFO once Daniel Slutzky retires at the end of the year. Read more