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24/7
Headlines
13:43
EU approves Nvidia’s $700M acquisition of Israeli startup Run:ai
21:16
Nervio appoints Dr. Richard Vogel as US CEO
19:06
Paragon’s $900M sale in limbo as Defense Ministry steps in
15:05
Full list of Israeli high-tech funding rounds in 2024
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1
Israeli tech’s top 10 funding rounds of 2024: Wiz sets another record
2
EU approves Nvidia’s $700M acquisition of Israeli startup Run:ai
3
Boomi acquires Israeli data management startup Rivery in $100M deal
4
The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
5
Decart raises $32M in second funding round in two months, aims to rival OpenAI and Anthropic
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Sophie Shulman
20 stories about Sophie Shulman
Paragon’s $900M sale in limbo as Defense Ministry steps in
19.12.24
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Sophie Shulman
“Contrary to reports, the Ministry of Defense did not approve the sale of Paragon. The Ministry is examining the sale procedure and its implications,” the Ministry said in a statement.
Teva’s 10-year turnaround takes shape with stunning trial results
18.12.24
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Sophie Shulman
Duvakitug signals a brighter future for the Israeli pharma giant.
Teva shares jump as its most promising drug shows exceptional trial results
17.12.24
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Sophie Shulman
Duvakitug, designed to treat colitis and Crohn’s disease, exceeded expectations and positions Teva to compete in the $28 billion global market for inflammatory bowel disease treatments.
To succeed in defense-tech, Israeli startups must stake their claim in the US
17.12.24
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Sophie Shulman
The acquisition of Paragon by American investment firm AE, which could reach almost $1 billion, is another testament to how geopolitical dynamics push Israeli companies to establish a stronger American presence or sell out to U.S. firms.
Spyware startup Paragon acquired for up to $900M by investment firm AE
16.12.24
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Sophie Shulman
Paragon's flagship product, Graphite, is a software solution capable of penetrating all popular communication applications, including WhatsApp, Telegram, and Signal, which are widely considered secure and encrypted.
The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
15.12.24
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Sophie Shulman
Inspired by the bold and unpredictable frontier of artificial intelligence, Elad Schulman returned to the startup world after two successful exits to launch Lasso Security, a pioneering company in AI cybersecurity. Now, he aspires to become the next Wiz.
Israeli high-tech exits surge to $13.4B in 2024 amid sobering market realities
11.12.24
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Sophie Shulman
Despite the ongoing war and a global environment of soaring interest rates—perhaps even because of them—the past year (up to December 8) has seen a 78% surge in the value of exits by Israeli companies.
Defense tech VC Protego raises $70M in just two weeks, sets sights on $200M
10.12.24
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Sophie Shulman
Led by Lital Leshem and Lee Moser, Israel’s first defense-exclusive VC fund is capitalizing on surging global interest in military technology.
Can Intel recover? Gelsinger’s exit sparks speculation and uncertainty
03.12.24
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Sophie Shulman
In a volatile chip market, Intel’s survival hinges on finding the right leadership fast.
Former IDF chief Aviv Kohavi joins VC Awz as deep-tech market booms
02.12.24
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Sophie Shulman
The Israeli-Canadian fund manages approximately 2.5 billion shekels and has invested in the likes of Israeli cyber unicorn Pentera and the quantum computing startup Classiq.
The researcher who proved ChatGPT is sexist
01.12.24
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Sophie Shulman
Prof. Gal Oestreicher-Singer, Associate Dean for Research at the Coller School of Management at Tel Aviv University, found gender biases in ChatGPT based on the financial advice it provided, including that the chatbot suggested more conservative investment paths, simplified the discourse, and spoke in a condescending tone to users it identified as women.
Israeli success story: Monday.com’s road from underdog to SaaS giant
24.11.24
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Sophie Shulman
The startup that transformed workplace software eyes new horizons after a billion-dollar milestone. In an exclusive interview, co-CEOs Roy Mann and Eran Zinman emphasize that the company’s potential remains vastly underappreciated.
TailorMed raises $40 million in equity and debt to help patients access critical medications
21.11.24
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Sophie Shulman
With growing demand in the U.S., the startup’s platform addresses one of healthcare’s biggest pain points.
Mediaocean acquires Innovid for $500M, delisting it from the NYSE
21.11.24
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Sophie Shulman
The valuation reflects a premium of just over 100% on Innovid's current stock price on Wall Street but falls significantly short of the $1.3 billion valuation achieved during its 2021 SPAC merger.
Wix returns to $10 billion valuation amid strong revenue growth
20.11.24
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Sophie Shulman
Bookings rise 15% as the company accelerates its path to $2 billion in annual revenue.
"The tech ecosystem provides entrepreneurs with a network of security and help"
18.11.24
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Sophie Shulman
LeumiTech CEO Maya Eisen Zafrir spoke at the opening of the "Dream Team" event, where Israeli entrepreneurs presented their startups to potential investors at the Calcalist and Bank Leumi conference in Miami. Asaf Horesh, managing partner of Vintage Investment Partners: "Despite everything we have gone through in Israel, we are highly correlated with the American market. That's why the leading funds continue to invest."
"We see the biggest opportunities in residential construction"
17.11.24
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Sophie Shulman
Melissa Rose, Senior Managing Director at JLL, was speaking in a panel at the Calcalist and Bank Leumi conference in Miami that connected real estate and innovation, led by Anat Katz, Israel's economic attaché in New York.
"The agricultural world needs Israeli innovation"
17.11.24
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Sophie Shulman
Ben Alfi, CEO of Bluewhite, was speaking at Calcalist and Bank Leumi's Miami conference.
Leumi CEO: “For Israel’s 77th year of independence, we’ll establish a $77M high-tech fund”
16.11.24
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Sophie Shulman
"We are launching this new fund precisely now because we believe the industry will emerge even stronger after the war. The world needs to know that Israeli high-tech is ready to shape the global future through technology," said Bank Leumi CEO Hanan Friedman at the first Calcalist and Leumi Miami conference.
Oracle CEO: "If we continue on our current trajectory, reaching a valuation of a trillion dollars is inevitable"
14.11.24
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Sophie Shulman
Oracle is doubling down on cloud infrastructure and AI to propel its growth, with an eye on becoming a trillion-dollar company. CEO Safra Catz reveals in an interview how the company’s aggressive investments and strategic expansions are poised to accelerate its financial ascent and why she’s convinced Israel will be flooded with investments after the war.
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