Melio founders Credit: Eyal Izhar Israeli fintech co Melio cuts workforce by 10%

The layoffs are mainly among US sales staff, while the company is doubling its development team in Tel Aviv.

Peregrine-led consortium to invest NIS 300m in incubator cos

The consortium includes Bristol-Myers Squibb (BMS), BD (Becton Dickinson), Elbit Systems, Tel Aviv University, Ben-Gurion University of the Negev, and Shaare Zedek Medical Center.

Noga Knaz Credit: Q. Elite Beauty Prytek expands VC activity, appoints Noga Knaz as CEO

Knaz will be responsible for Prytek’s investment activities in early-stage companies that work in synergy and contribute to the technology and services of the more mature companies in the Group.

Seekret's team Credit: Seekret Datadog buys Israeli API observability co Seekret

Having previously acquired Ozcode, the US cloud monitoring company is aiming to have 500 employees in its Tel Aviv development center within a year.

Ofer Ben-Noon and Ohad Bobrov Credit: Shay Sharon Israeli secure browser co Talon raises $100m

The TalonWork browser simplifies endpoint security by serving as a secure access point to corporate applications and data on any device, or operating system.

NSO Group Credit: Shutterstock BRG to buy NSO counter-drone unit Convexum for $29m

The court appointed trustee was highly critical of NSO's attempts to keep ownership of the company, so that it could enhance an overall sale of NSO Group.

Falling prices Credit: Shutterstock Cut-price shares for sale in Israeli unicorns

"Globes" reports on startups offering shares for sale at just half the price of the valuation obtained in their financing rounds last year.

Nexar CEO Eran Shir Photo: Yonatan Bloom Israeli car dash cam co Nexar buys Portuguese co Veniam

Veniam will help cut communications costs between connected cars for the servers containing the data from Nexar's car dash cams.

Eitan Naor and Eyal Rosner Credit: IN Venture Sumitomo-backed IN Venture raises $70m for 2nd VC fund

The Israeli venture capital fund has announced the first closing of its $150 million second fund.

Bill Gates Credit: Shutterstock Paolo Bona Gates Foundation invests in Israeli co Eleven Therapeutics

The Israeli drug development company, which has raised $22 million, is striving to harness combinatorial chemistry and AI to transform RNAi drug development into a programmable process.

Arbitrip founders Credit: Israel Hadari Talma Shlomo buys travel-tech co Arbitrip

Teddy Sagi is selling his 51% stake in Arbitrip to Talma Shlomo over the next two years at a company valuation of $40 million.

Dollars Credit: Shutterstock Israeli startups raised $700m in July

July's figure was the second month this year in which startup raising was well below $1 billion, as the sharp fall in valuations of publicly-traded companies has influenced private financing rounds.

Workers at Infinidat's Herzliya development center  credit: Eyal Izhar Against all odds Infinidat turns profitable

Storage solutions company Infinidat held huge promise, but was underperforming financially until a management upheaval a year ago.

Eyesight Photo: Shutterstock Glaucoma treatment co Sanoculis teams with Bausch + Lomb

As part of the strategic agreement, Bausch + Lomb is also making an equity investment in Sanoculis's latest $14-17 million financing round.

Omri Iluz and Ido Safruti Credit: PerimeterX Bot protection co PerimeterX merges with HUMAN Security

As part of the merger agreement, the Israeli company employees will receive stock options in the new company and financial grants.

Yakir Machluf and Jon Medved of OurCrowd with Singapore Economic Development Board delegates  credit:  Yirmiyahu Vann/OurCrowd Singapore delegation meets Israeli startups in Tel Aviv

The event was part of cooperation between the Singapore Economic Development Board and crowdfunding platform OurCrowd.

Balance founders Yoni Shuster and Bar Geron Credit: Balance B2B ecommerce payments co Balance raises $56m

The Israeli company has helped centuries-old industries come online including lumber, chemicals, steel, retail and food.

Dr. Kira Radinsky  credit: Jonathan Bloom Diagnostic Robotics raises $45m

CEO Dr. Kira Radinsky: We started the round after the market had crashed, but we're a growth company with a track record in the market.

Avishay Assayag and Tal Sobel Credit: The Roy Business intelligence co The Roy raises seed funding

The company, founded by two Israeli security agents, locates and analyzes relevant business data to settle business disputes between private businesspeople and commercial companies.

medical, medicine Israeli surgical intelligence co Theator raises $24m

Theator's surgical intelligence platform institutionalizes the routine capture of surgical video data, harnessing AI and computer vision to automatically analyze every operation.

Merav Oren  credit: Noi Arkobi Asurion shutting down Tel Aviv center Soluto

US tech-care company Asurion bought Soluto in 2013. 120 employees will lose their jobs.

David Salton Credit: Lilach Baram Premature ejaculation patch co Virility raises $10m

The company treats premature ejaculation by using a drug-free, skin patch based on EMS (Electrical Muscle Stimulation).

Shlomi Hagai and Jonathan Cherki Credit: PR Contentsquare raises $600m, hiring hundreds in Israel

The French digital experience company is expanding its Israel center, which is based on the acquisition of Clicktale.

Doron Sitbon Credit: Natalia Gorji Life sciences QMS co Dot Compliance raises $23m

The Israeli company enables life-sciences organizations to deliver life-saving, innovative products faster, safer, and more efficiently.

Prism drone Credit: Shutterstock FlightOps provides operating system for Walmart drones

The project, which will begin before the end of the year, will encompass Walmart branches in Arizona, Florida, Arkansas, Texas, Utah and Virginia and will involve a total of 150-300 drones.

Yonatan Tserruya and Assaf Eisenstein Credit: Geva Talmor Lusha lays off 10% of workforce

The Israeli B2B intelligence company is laying off 10% of its worldwide workforce of 300.

Dr. Aryeh Batt Credit: Eyal Izhar Carl Zeiss invests in Precise Bio's fabricated corneas

Carl Zeiss Meditec will fund the further development of the Israeli company's two cornea transplant products, for which it will have exclusive worldwide commercialization rights.

ForSight Robotics founders Credit: Shlomi Yosef ForSight Robotics raises $55m led by India's Adani

The funding will advance the Israeli company's surgical platform for fully robotic cataract surgery: ORYOM.

Fabric 3employees Credit: Fabric Israeli retail logistics co Fabric lays off 120

The company is firing 40% of staff and adopting a new strategy in which it will provide robots to supermarkets, which will operate them.

Pini Yakuel Credit: Liron Weissman Israeli CRM co Optimove buys UK co Graphyte

Optimove said that its acquisitions will bolster the platform, making it more personalized and adding real time content recommendations and capabilities to the engine.

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