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Headlines
15:48
Israel’s gaming industry employs 14,000 workers and makes up 2% of the GDP
15:44
Innoviz secures $80M in development funding as cash reserves run thin
15:22
"Israeli companies are responsible for 5% of global mobile game downloads"
15:18
"Google's AI models allow users to generate content and integrate it into games in real-time"
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1
Have missiles from the Iranian-backed Houthis discovered a loophole in Israeli air defenses?
2
Israeli fintech Morning acquired for $150 million by Italy's TeamSystem
3
$41B in exits: Why Israeli cyber startups are a global powerhouse
4
AI startup Aporia in talks to be acquired for tens of millions of dollars
5
Israeli tech’s top 10 funding rounds of 2024: Wiz sets another record
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Meir Orbach
20 stories about Meir Orbach
Intel ends car leasing program in latest cost-cut
01.09.24
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Meir Orbach
The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.
Stratasys to lay off 15% of workforce as part of $40M cost-cutting plan
29.08.24
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Meir Orbach
Around 300 employees are set to leave the Israeli 3D printer manufacturer.
Inside the mind of Israel’s cyber queen: Tal Kollender’s unlikely path to success
29.08.24
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Diana Bahur-Nir , Meir Orbach
From a teenage hacker to the founder of GYTPOL, Kollender’s journey was anything but ordinary.
Intel's layoff plan enters new phase after voluntary retirement program closes
28.08.24
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Meir Orbach
With initial retirements complete, Intel focuses on additional layoffs and operational scaling.
Cisco to acquire Yaron Singer’s Robust Intelligence to enhance AI security
27.08.24
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Meir Orbach
Robust Intelligence’s platform offers protection for AI models throughout their lifecycle, from development to production.
Check Point acquires Cyberint in $200 million deal
27.08.24
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Meir Orbach
The Israeli startup specializes in threat intelligence, digital risk protection, and attack surface management, and Check Point plans to use its solutions to enhance its Security Operations Center. This marks Check Point's 22nd acquisition and the 10th Israeli company it has acquired in the last six years.
From OrCam to Verbit: Big Tech 50 reports the devaluation of leading Israeli startups
26.08.24
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Meir Orbach
Big Tech 50 limited partnership's H1 2024 report highlights widespread devaluation of Israeli startups due to the judicial overhaul and the war in Gaza. Verbit's valuation dropped from over $2 billion to $512 million, Trax's from $2.2 billion to $790 million, and OrCam's from $333 million to just $31 million
AI21 unveils upgraded long-context Jamba models for enterprises
22.08.24
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Meir Orbach
The new models aim to revolutionize AI capabilities for organizations with long context needs and include Hebrew and Arabic support.
Riding the V-Wave exit: Who are the big winners?
21.08.24
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Meir Orbach
The pharmaceutical giant Johnson & Johnson announced on Tuesday the purchase of the Israeli medical device company for up to $1.7 billion. BRM is the largest shareholder in the company and is expected to receive at least $100 million. The second largest shareholder is Pontifax VC of Tomer Kariv and Ran Nussbaum. Other notable investors include Ilan Grinboim and Prof. Benad Goldwasser.
Johnson & Johnson to acquire Israeli medical device maker V-Wave for up to $1.7 billion
20.08.24
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Meir Orbach
V-Wave's device is implanted in the heart through a minimally invasive procedure to help reduce heart failure and other events.
GM lays off dozens in Israel as part of worldwide job cuts
20.08.24
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Meir Orbach
The layoffs affect GM's critical software and services sectors, with a global impact.
Proptech startup Localize shuts down US operations amid real estate crisis
19.08.24
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Meir Orbach
The volume of real estate transactions in the US has decreased significantly in the last two years, leading to a reduction in the company's activities that provide data tools for apartment buyers and agents. However, sister company Madlan's activities in Israel will continue as usual.
Chip company Inuitive laying off 20% of workforce as CEO retires
15.08.24
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Meir Orbach
Inuitive, which focuses on 3D imaging, has raised approximately $200 million to date.
Blockchain risk management platform Chaos Labs raises $55M Series A
15.08.24
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Meir Orbach
The Israeli startup's technology has secured $765 billion in cumulative trading volume, $25 billion in loans, and $35 million in incentives.
The Israeli team that led cyber company Kiteworks to a $1B valuation and $456M funding round
14.08.24
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Meir Orbach
Less than $100 million of the current fundraising will go into the company, with the remainder being used to buy out veteran investors, making room for Insight Partners and Sixth Street Growth.
Element acquires Autofleet in $110 million deal
14.08.24
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Meir Orbach
The Israeli startup’s turn-key solution helps businesses launch, manage, and scale sustainable fleet operations globally.
Healthcare fintech PayZen raises $32M Series B and $200M in debt
13.08.24
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Meir Orbach
The Israeli startup has developed a fintech platform that allows hospitals to receive payment in advance for medical treatment invoices, thereby enabling patients to benefit from interest-free payment plans.
High-tech's growing influence: 36% of Israel’s income tax comes from tech workers
13.08.24
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Meir Orbach
Over a period of six years, nearly 100 billion shekels were collected from the income tax payments of high-tech employees.
Wiz secures multi-million SoftBank investment to expand in Asian cloud market
07.08.24
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Meir Orbach
The Israeli cyber company, which recently rejected a $23 billion offer from Google, plans to double its workforce in Asia by the end of the year after recently recruiting dozens of employees in Japan, Singapore, Australia, and New Zealand, and establishing a new data center in Sydney.
Japanese investments in Israeli tech fall by a third amid war
06.08.24
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Meir Orbach
Of the $317 million invested by Japanese firms in Israel in the first half of 2024, $263 million were follow-on investments.
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