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27 July 2021

Fireblocks founders Idan Ofrat, Michael Shaulov, and Pavel Berengoltz  credit: PR Crpto platform Fireblocks raises $310m at $2.2b valuation

The valuation is three times as high as in Fireblocks' previous raise in March.

27/07/2021 18:24 Financial services Ofir Dor
Dave Lubetzky  credit :Ilan Besor ISA raids IBI offices

Market sources believe the raid is in connection with IBI's purchase of shares in Halman Aldubi just before bids were made to acquire it.

At-Bay founders Rotem Iram and Roman Itskovich  credit: At-Bay Insurtech co At-Bay reaches unicorn status in $185m raise

At-Bay, which combines cyber insurance and cybersecurity, was valued at $1.35 billion, post-money - up fourfold in seven months..

27/07/2021 15:57 Financial services Ofir Dor
Wiliot founders Photo: David Garb Softbank leads $200m round in IoT co Wiliot

Wiliot has developed miniature self-powered tags for monitoring products throughout the supply chain.

27/07/2021 15:14 Start ups Globes correspondent
Jaffa  credit: Eyal Izhar Court dismisses petition against Arab-only Jaffa housing project

Tel Aviv District Court judge Hadas Ovadia found that the Tel Aviv-Yafo Municipality's criteria for the project did not amount to illegal discrimination.

27/07/2021 12:41 Real estate Avishai Greenzweig
Treasury raises income supplement for elderly

Minister of Finance Avigdor Liberman: All elderly people and Holocaust survivors will rise above the poverty line.

27/07/2021 10:32 Economy Globes correspondent

26 July 2021

Akirov nears maximum permitted stake in Clal Insurance

Alfred Akirov's Alrov Properties & Holdings now holds 13.2% of Clal Insurance. The regulator currently allows a maximum holding of 15%.

Check Point beats analysts with Q2 results

Quarterly revenue totaled $526 million, 4.1% more than in the second quarter of 2020.

26/07/2021 13:10 IT Shiri Habib-Valdhorn
Menorah Mivtachim scouts Israeli insurtech with int'l insurance cos

Selected insurtech startups will participate in IBM's Alpha Zone accelerator program.

25 July 2021

Israeli EV platform co REE completes Nasdaq SPAC merger

The company is opening a US headquarters in Austin, Texas.

Gov't approves greenhouse gas reduction plan

Israel is obliged by the 2015 Paris Agreement to produce the plan. Environmental organizations have criticized it severely.

Taboola buys US ad solutions co Connexity for $800m

Los Angeles-based Connexity will become Taboola's e-commerce arm.

23 July 2021

Infrastructures co Rimon Group completes TASE IPO

The company raised NIS 250 million at a valuation of NIS 1.25 billion.

Outbrain cuts valuation in Nasdaq IPO

The Israeli web recommendations platform's IPO took place at a valuation of $1.1 billion.

23/07/2021 12:16 Market Globes correspondent

22 July 2021

B Cure Laser developer halves IPO valuation

Erika Carmel had planned an IPO in Tel Aviv at a valuation of about NIS 800 million, but the figure in its revised prospectus is NIS 430 million.

22/07/2021 21:06 Healthcare Aviv Levy
Israel Water Authority selects SIGA for cyber protection

Following cyber-attacks last year against Israel’s water utilities, the Authority has moved to enhance security.

22/07/2021 20:36 IT Globes correspondent
Tailor Brands raises $50m to help freelancers brand themselves

US web-hosting giant GoDaddy led the round as a strategic investor, its first investment in Israel.

22/07/2021 18:44 Start ups Ofir Dor
Oil Refineries to invest $400m in going green

The company plans a nationwide network of hydrogen fuel stations. CEO Moshe Kaplinsky: The future of transport lies in hydrogen.

22/07/2021 17:11 Energy Omri Cohen
David Geffen funds auditorium on new National Library campus

The David Geffen Auditorium will be a centerpiece of the new campus next to the Knesset in Jerusalem.

22/07/2021 15:48 Economy Globes correspondent
French Holocaust survivor sparks furor over anti-vax yellow star

At a ceremony commemorating the 1942 round-up of Jews in Paris, Joseph Schwartz said: This comparison is disgusting.

22/07/2021 15:47 Politics B.K, Paris
Astral buying Queen of Sheba Eilat Hotel from Yitzhak Tshuva

The hotel is one of the largest in Eilat. The price is NIS 458 million, or NIS 200 million net of debt.

Cynet protects Israeli Olympic athletes' data

Cynet founder and CEO Eyal Gruner: The Olympic games have always been a high priority target for hacker groups.

22/07/2021 12:43 Start ups Globes correspondent
Israeli fintech co Gefen raises A$25m in Australian IPO

The company develops digital tools and services for insurance, finance and real estate companies.

21 July 2021

Teva rejigs top management

The departure of Brendan O’Grady, EVP North America Commercial, has led to a series of changes.

21/07/2021 22:37 Healthcare Shiri Habib-Valdhorn
Kaltura completes flotation at $1.34b valuation

At its second attempt, the Israeli video platform company made its IPO on Nasdaq, raising $150 million.

21/07/2021 17:08 Start ups Shiri Habib-Valdhorn
Nofar brings Altshuler Shaham into Megalim solar plant deal

Altshuler Shaham will buy 45% of the thermo-solar energy plant in the NIS 580 million deal with the Noy Fund.

Cybereason buys fellow Israeli co Empow

Financial details of the deal were not disclosed, but the price is estimated to be in the tens of millions of dollars.

20 July 2021

Delek Group unit Ithaca to repay it NIS 800m

Ithaca Energy is refinancing its debt after receiving commitments of $1.22 billion in reserve-based lending.

20/07/2021 17:55 Energy Omri Cohen
NSO-AWS connection remains unclear

A response by AWS to the Motherboard website on disconnected accounts fails to specify whose accounts were involved.

20/07/2021 10:43 IT Ofir Dor
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