Erez Chimovits Photo: PR Cancer therapy co ImmPACT Bio raises $111m

Immpact was formed from a merger between US company Kalthera and a company founded in Israel's FutuRX biotech incubator.

Vertex team Photo: Omer Hacohen Vertex Israel Ventures sells VC fund stake to StepStone

The Israeli venture capital fund has sold 33% of its holdings in the fourth fund to US investment giant StepStone.

Viola Ventures team Photo: Eric Sultan Viola Ventures closes $250m early stage VC fund

Viola Ventures had a highly successful 2021, with eight of its portfolio companies reaching unicorn status and beyond.

Fintech Photo: Shutterstock Thoma Bravo invests $85m in Israeli fintech co Personetics

The Tel Aviv company's AI financial-data-driven personalization solutions for banks and financial services providers, enables them to target the needs of individual customers.

Yoav Vilner and Danni Friedland Photo: Arik Sultan Israeli sales demo platform Walnut raises $35m

The company's no-code platform enables customers to create individually tailored product demos quickly and efficiently.

Entr?e Capital team Photo: David Garb Entree Capital closes $300m in new Israel VC funds

The new early-stage fund and early growth fund bring Entrée's total assets under management to $1 billion.

Development at Quris  credit: Quris Drug discovery on a chip - and no mice

Dr. Isaac Bentwich reveals Quris, which aims to save pharmaceutical companies hundreds of millions of dollars and years of development.

Abu Dhabi Photo: Shutterstock, Mo Azizi UAE's Mubadala invests $100m in Israeli VC firms - report

The Abu Dhabi sovereign wealth fund is investing in Israel's tech sector, "The Wall Street Journal" reports.

Chanan Schneider credit: Shlomi Harel Millennium leads $10m round in checkout scan co Supersmart

Supersmart's systems scans and validates the contents of a supermarket cart in three seconds. founders Photo: Yonatan David Retail analytics co raises $100m at $1b valuation

The company provides insights about foot traffic in malls and shopping centers, other retail centers, casinos, theme parks and stadiums and more.

BigPanda founders Assaf Resnick and Elik Eizenberg Photo: BigPanda Israeli AIOps co BigPanda raises $190m at $1.2b valuation

BigPanda provides an AIOps event correlation and automation platform that enables IT Operations teams to automate incident management.

Global tech giants in Israel  credit: Shutterstock Israel Tax Authority grabbing bigger slice of Israeli tech boom

With no orderly policy, measures to increase the tax take are creating uncertainty for global tech giants and local startups alike.

Pentera executives Photo: Yarin Tarnos Cybersecurity co Pentera raises $150m at $1b valuation

The Israeli company's platform tests IT infrastructures, reveals risk and creates a surgical remediation plan that automatically validates security for continued resilience.

Kfir Oved and Eran Eden  credit: MeMed Israeli diagnostics co MeMed raises $93m

MeMed's technology rapidly distinguishes bacterial and viral infections, and can predict which Covid-19 patients need drug treatment.

Amir Erlichman and Haim Engler Photo: Tal Cohen Multifocal lens co Addon Optics raises $12m

The Israeli company's platform integrates an off-the-shelf single-focal lens with a proprietary flexible lens to create a high-quality progressive lens.

WekaIO founders Photo: PR AI data platform Weka raises $73m

Weka develops technology that streamlines data storage within enterprises and the cloud and allows more efficient storage and swift transmission of AI applications, machine learning, financial and medical analysis.

Chevron Photo: Reuters Jonathan Bachman Chevron bids for stake in climate-tech incubator

Energy major Chevron is part of a consortium of five companies bidding in the Israel Innovation Authority's tender to operate a climate-tech incubator.

Remilk products Photo: PR Israeli cultivated dairy co Remilk raises $120m

Remilk will scale production of its dairy-identical milk protein for commercial use by manufacturers in traditionally dairy-based products including cheeses, yogurt and ice cream.

Grove Ventures team Photo: Netanel Tobias Grove Ventures closes $185m early stage Israel VC fund

Grove III will focus on edge computing, cloud infrastructure, data infrastructure and management, developers’ tools and software, DevOps, AI and automation.

Portai team Photo: David Karp Israeli AI drug discovery co Protai raises $8m

The company has built an end-to-end AI-based platform that comprehensively maps the course of a disease on the protein level.

Perflow CEO Dr. Danny Farin Photo: Eyal Izhar Chinese fund buys Perflow Medical for $100m

The Israeli medical device company has developed neurovascular treatments for hemorrhagic and ischemic strokes.

Ari Goldfarb Photo: Kando Kando Covid monitors deployed in Israel's sewage systems

The Israeli company's platform warns about latent morbidity, and the beginning of a future wave of morbidity, and the discovery of new variants.

Siemplify founders Photo: PR Google acquires Israeli cybersecurity co Siemplify

Google will reportedly pay $500 million for the company, which has developed an automated, rapid threat response system.

venture capital  image: Shutterstock R&D partnerships point the way ahead for VC

As Sequoia Capital has acknowledged, the traditional VC model no longer serves companies' best interests. Tel Aviv may have one solution.

StageOne Ventures team Photo: David Garb Israeli VC fund StageOne Ventures closes $235m fund

The new fund will operate based on a dual model: a primary fund of $150 million to focus on seed investments for early-stage startups, with $85 million used for follow-on investments.

Storedot  photo: Eyal Yitzhar Fast charge EV battery co StoreDot raising $80m

The round is led by Vietnamese electric vehicle manufacturer VinFast, which plans to scale up manufacturing and deploy StoreDot's battery technology in its electric vehicles.

Startups and exits on the rise in 2021 Photo: Shutterstock - Pushish images IVC-Meitar: Israeli startups raised record $25.6b in 2021

IVC - Meitar also reports that Israeli tech exits skyrocketed to $22.2 billion last year, with almost equal amounts of IPOs and M&As.

Cryptocurrency security  credit: Tali Bogdanovski Made in Israel: Cryptocurrency security

You don't have to be Israeli to work in secure multiparty computation, but it helps.

Ran Tzror Credit: Tal Cohen Sure-Tech sells half its Vesttoo holdings for $7m

The sale price is six times higher than the price for which it purchased the shares in April 2021.

Isreali tech company Aquant  credit: Shlomi Yosef Has venture capital become too safe?

Booming valuations, big financial institutions moving in, and fewer new companies, perhaps spell the end of the traditional VC role.

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