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Planck Re founders Photo: PR Israeli AI-based insurance co Planck raises $20m

Planck provides insurance-related data insights and analytics for more than 50 major business segments.

Avishai Abrahami  / Photo: Shlomi Yosef , Globes Wix reports higher Q1 revenue, lower profit

Wix CEO: We are starting off 2021 in a very strong position and are making strides in achieving these goals.

Nayax management  credit: Nir Slakman Nayax completes largest-ever TASE tech IPO

The Israeli fintech company raised $210 million at a company valuation of $1 billion with 75% of the money raised from foreign investors.

Tom Livne / Photo: Shlomi Yosef , Globes Verbit acquires US TV captioning co VITAC

Israeli AI-powered transcription platform Verbit has announced the acquisition of VITAC, the largest North American provider of TV captioning products.

Similarweb completes NYSE IPO, at $1.6b valuation

The Israel company, which has developed a platform for understanding online behavior by monitoring traffic on the web and mobile apps, has raised $165 million.

Tel Aviv Stock Exchange / Photo: Shlomi Yosef , Globes TASE recovers after early falls

The Tel Aviv 35 Index is close to its opening level, and the Tel Aviv 125 Index is actually ahead. The shekel is strengthening.

Michal Halperin Rami Zarnegar Competition Authority seeks to fine Facebook NIS 6m

The Competition Authority alleges that Facebook failed to report two acquisitions in Israel as required by law.

Cisco buys Israeli co Sedona Systems

The acquisition is designed to strengthen Cisco's efforts to upgrade its Internet network infrastructure.

Azrieli to build, lease SolarEdge campus

The Israeli solar energy company's new headquarters will be in North Glilot.

Lilac Bar David and Liran Zelkha,  / Photo: PR Israeli freelancer banking app co Lili raises $55m

Lili has doubled its account base in the past 6 months as more users pursue new, entrepreneurial endeavors.

Shekel Bank of Israel moves forward on digital shekel

The Bank of Israel's plan of action represents a reverse in policy from three years ago, when it recommended not issuing any digital currency.

Shekel Photo: ASAP Creative Gaza escalation weighs on shekel

Leumi: Past experience teaches us that the weakening of the shekel around events due to geopolitical tensions is short-term and transient.

Gideon Wertheizer Ceva acquires US chip design co Intrinsix

Intrinsix provides complex System-on-Chip (SoC) design expertise.

Pini Mandel Credit: PR Quicklizard signs Australia, NZ distribution deal

The Israeli AI-based dynamic retail pricing system company has signed a strategic agreement with a publicly-traded Australian distributor.

El Al Photo: Michal Raz-Chaimovitz Cabinet approves aid package for Israel's airlines

El Al, Israir and Arkia will all receive a 20-year advance on air tickets for their security staff.

Oded Rozenberg Agreement with Tadiran further boosts Apollo Power

Flexible solar film company Apollo Power's share price has soared by about 1,800% within a year.

Oil Refineries Oil Refineries shows signs of recovery

The company posted a profit of $55 million in the first quarter of 2021, after a loss of $274 million in 2020.

Paz Photo: Eli Yahav Leumi Partners forms consortium to buy control of Paz

The consortium seeks to buy 25% of Paz Oil for NIS 1 billion.

Roy Man and Eran Zinman / Photo: Shlomi Yosef PR Monday.com files for Wall Street IPO - report

Israeli team management software provider Monday.com has filed confidentially with the US SEC, "Bloomberg" reports.

Simplex founders Credit: PR Nuvei acquires Israeli fintech co Simplex for $250m

Simplex provides a secure infrastructure for clearing cryptocurrency transactions and simplifies buying and selling.

Daniel and Michael Salkind / Photo: Israel Hadari The Salkind brothers' M&A machine

From food to transport, energy to retail, Michael and Daniel Salkind's Elco group always seems to be where the action is.

Amir Yaron  / Photo: Rafi Kotz, Globes Bank of Israel bought $5.27b foreign currency in April

The Bank of Israel has already bought $19 billion in foreign currency in 2021 - nearly two thirds of the $30 billion it said it would buy in all of 2021.

Apple Pay Credit: Shutterstock Apple Pay lands in Israel

"Globes" correspondent Ofir Dor recounts the triumphs and tribulations of his first shopping expedition using Apple Pay.

Micah Kaufmann Photo: Omer Hacohen Fiverr revenue doubles in Q1

The Israeli freelance platform developer is raising guidance for 2021 from 46-50% to 59-63% revenue growth.

Raviv Zoller / Photo: Natali Cohen Kadosh ICL reports 125% rise in profit in Q1

Average potash realized price per ton of $257, 3% higher year-over-year, indicating recent price increases will have additional impact going forward.

Kaltura executive team Credit: Kaltura Kaltura files again for Nasdaq IPO

The Israeli video cloud management company has refiled its prospectus after postponing its IPO at the end of March.

Avishai Abrahami Wix acquires Israeli online gift card co Rise.ai

Wix says that the acquisition will extend the Wix eCommerce platform, providing a full solution for merchants to manage customer re-engagement activities.

Pivot irrigation system  Valmont buys Israeli ag-tech AI co Prospera for $300m

The Tel Aviv-based company develops intelligent solutions to help farmers grow crops more efficiently.

Afikim bus Photo: PR Buying Egged-Ta'avura makes Electra Afikim 3rd largest bus co

Electra Afikim has bought the Egged-Ta'avura bus company for NIS 200 million.

Shekel Photo: ASAP Creative Shekel weakens after Yellen rate remarks

US Secretary of the Treasury Janet Yellen caused a stir by saying the interest rates may have to rise to prevent 'overheating' of the economy.

Nahum Bitan / Photo: Shlomi Yosef Electra Consumer Products signs Yeinot Bitan acquisition deal

Electra Consumer Products and The Phoenix will together own 50.05% of supermarket chain Yeinot Bitan.

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