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Coho AI shuts down, Yotpo to integrate employees amid quiet exit
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OrCam closing glasses department, cutting dozens of jobs in third round of layoffs this year
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Israel’s defense tech map expands to 312 firms amid wartime innovation boom
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Intel revives its iconic brand as it fights for relevance
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Deel’s PR head exits as espionage scandal rocks HR tech firm
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Sophie Shulman

20 stories about Sophie Shulman
Exits 2024

Israeli high-tech exits surge to $13.4B in 2024 amid sobering market realities

11.12.24|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.
מימין ליטל לשם ו לי מוזר

Defense tech VC Protego raises $70M in just two weeks, sets sights on $200M

10.12.24|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.
מנכ"ל אינטל פט גלסינגר אפריל 2024

Can Intel recover? Gelsinger’s exit sparks speculation and uncertainty

03.12.24|Sophie Shulman
In a volatile chip market, Intel’s survival hinges on finding the right leadership fast.
אביב כוכבי רב אלוף במילואים הרמטכ"ל לשעבר

Former IDF chief Aviv Kohavi joins VC Awz as deep-tech market booms

02.12.24|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.
פרופ גל אסטרייכר

The researcher who proved ChatGPT is sexist

01.12.24|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.
מאנדיי

Israeli success story: Monday.com’s road from underdog to SaaS giant

24.11.24|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. 
טיילורמד TailorMed מייסדי טיילור מד אדם סיטון ו שרוליק דבורסקי

TailorMed raises $40 million in equity and debt to help patients access critical medications

21.11.24|Sophie Shulman
With growing demand in the U.S., the startup’s platform addresses one of healthcare’s biggest pain points.  
צביקה נטר מנכ"ל אינוביד Innovid

Mediaocean acquires Innovid for $500M, delisting it from the NYSE

21.11.24|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.
מטה וויקס Wix תל אביב

Wix returns to $10 billion valuation amid strong revenue growth

20.11.24|Sophie Shulman
Bookings rise 15% as the company accelerates its path to $2 billion in annual revenue.
פיצים מיאמי 2024 מאיה איזן צפריר ו אסף חורש PETCH MIAMI 2024 Maya Eisen Zafrir and Asaf Horesh וידאו

"The tech ecosystem provides entrepreneurs with a network of security and help"

18.11.24|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."
כנס מיאמי - פאנל הזדמנויות חדשות בשוק הנדלן הרותח של מיאמי - ענת כץ צבי גורדון ליאת שוב מליסה רוז שלמה חודרי ראסל גלבוט

"We see the biggest opportunities in residential construction"

17.11.24|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.
כנס מיאמי - בן אלפי מייסד משותף ומנכל Bluewhite

"The agricultural world needs Israeli innovation"

17.11.24|Sophie Shulman
Ben Alfi, CEO of Bluewhite, was speaking at Calcalist and Bank Leumi's Miami conference. 
ועידת מיאמי 2024 - חנן פרידמן

Leumi CEO: “For Israel’s 77th year of independence, we’ll establish a $77M high-tech fund”

16.11.24|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.
מנכ"לית אורקל צפרא כץ

Oracle CEO: "If we continue on our current trajectory, reaching a valuation of a trillion dollars is inevitable"

14.11.24|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.
נדב שובל מנכל ו מ מייסדי OpenWeb

OpenWeb founder’s attempt to regain CEO role fails in court

12.11.24|Sophie Shulman
The judge cites a concealed resignation letter and confirms the board acted within its rights. 
ערן זינמן ו רועי מן מייסדי מאנדיי

Why Monday.com’s impressive revenue jump wasn’t enough for Wall Street

11.11.24|Sophie Shulman
Despite 33% growth, investors reacted to unexpected losses, a leadership change, and a less ambitious Q4 outlook.
ISF team

With IPOs paused, Israel Secondary Fund scales third fund to $350 million

07.11.24|Sophie Shulman
ISF expanded its third fund by $40M to purchase holdings from existing shareholders in startups, including investors, entrepreneurs, managers and employees. 
כנס INTENT לחוקרי סייבר

Stealth era: Secret startup boom signals shift in Israeli high-tech strategy

07.11.24|Sophie Shulman
While public data tells a story of stagnation, under-the-radar fundraising and secretive new ventures reveal a hidden boom.
ריצרד פרנסיס נשיא ו מנכל חברה חברת טב

Teva soars with double-digit growth in Q3, raises annual forecast

06.11.24|Sophie Shulman
Strong sales of Austedo and Ajovy push Teva’s revenues above expectations, with the company forecasting up to $16.5 billion in 2024.
ג'ון קפלן המנכ"ל החדש של פיוניר

Payoneer’s turnaround story: Stock soars on back of strong earnings and raised outlook

05.11.24|Sophie Shulman
The international fintech player impresses with fifth quarter of growth and resilient performance in a competitive market. 
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