Which Israeli company received an investment from the world's richest man and who completed a $6.8 billion Nasdaq IPO?

CTech Daily Roundup: The Israeli finance management sector is not ready for all the new rich techies

CTech 22:3510.06.21

monday.com hits Nasdaq at $6.8 billion valuation. The work operating system completed the highest valued IPO in Israeli history on Thursday, raising $574 million. Read more

 

Bernard Arnault, world's richest man, invests in cybersecurity startup Wiz. Arnault’s investment in the Israeli startup was joined by that of Howard Schultz, former CEO and Chairman of Starbucks, and helped take total funding in the company to $350 million in just one year. Read more

 

A mosquitoe. Photo: Bloomberg A mosquitoe. Photo: Bloomberg

 

The Israeli finance management sector is not ready for all the new rich techies. As funding and SPACs create thousands of newly rich people across the country, Karen Schwok has concerns about how the sector will respond. Read more

 

Glassbox raises $100 million at a half-billion valuation in Tel Aviv Stock Exchange IPO. The Israeli company experienced accelerated growth during Covid-19 and believes TASE offering will be a stepping stone for future Nasdaq IPO. Read more 

 

Analysis | The big funds discovered Israel and launched the local tech scene to new heights. We are only halfway through 2021, but this can already be declared as a record-breaking year for Israeli tech companies who raised more than $10.5 billion. Read more

 

Kubernetes troubleshooting platform Komodor comes out of stealth with $21 million Series A. The Israeli startup’s platform streamlines Kubernetes troubleshooting by offering a unified view of all events across the entire stack, providing developers, operations, and on-call teams with context and actionable insights. Read more

 

Diptera.ai raises $3 million is Seed to battle mosquitoes against each other. The company is democratizing the SIT method of tricking mosquitoes into mating with sterile partners. Read more

 

New in Cinema City's theaters: Tadiran's advanced technology air purifiers. A trial held by Tadiran and Cinema City in the cinema theaters with an audience found that the company's Air Care 02 technology purifies about 90% of air pollutants. Read more 

 

Opinion | 100 deals and more than $7B in global funding in Q1 2021: 3 key differentiators of winning healthcare AI startups. Building successful AI startups in healthcare requires understanding the unique challenges of the technology. Healthcare founders and investors should acknowledge this ‘special recipe’. Read more