Published On: Fri, Nov 13th, 2020

Eye on The Israeli High-Tech Industry Updates (Nov 6 – Nov 13)


Zero Egg Offers Plant Based Egg Alternative For Food Manufacturers
Zero Egg just brought in $5 million in funding.
(Jewish Business News 12 Nov 2020)

Israeli Cloud Tech Company CloudAlly Acquired By Zix For $30 Million
CloudAlly offers enterprise-grade SaaS backup and recovery services.
( Jewish Business News 12 Nov 2020)

Israel’s Lightico Offers B2C Service Solutions
Lightico, helps businesses make it easier for their customers.
(Jewish Business News 11 Nov 2020)

Human Xtensions assured $50m in TASE IPO
The smart surgery company is one of a flood of tech companies currently raising money on the Tel Aviv Stock Exchange.
(Globes 11 Nov 2020)​​

SentinelOne valued at more than $3 billion in funding round
SentinelOne has raised $267 million from venture capital backers including Tiger Global and Sequoia at a valuation of more than $3 billion.
(Reuters 11 Nov 2020)​​

Insurtech revolution is disrupting the market
As the tech giants and startups enter the insurance market, are we witnessing the beginning of the decline of the traditional insurance giants?
(Globes 11 Nov 2020)​​

Israel’s Voca.Ai Bought By Snapchat For $70 Million
Another exit for Startup Nation brought to you by Voca.ai.
(Jewish Business News 11 Nov 2020)​​

Israeli Startup That Fights Online Fraud to List in London
Israeli cybersecurity startup BrandShield Ltd. plans to go public on London’s AIM exchange via a reverse merger with Two Shields Investments Plc, according to a statement.
(Bloomberg 11 Nov 2020)

Israeli Startup Torr FoodTech Makes Healthy Snacks
Torr boasts that its “unique” tech enables it to compose real food ingredients together in a natural, healthier and better way.

(Jewish Business News 11 Nov 2020)​​

Peregrine Ventures launches $300m life science VC fund
The first $101 million of the Israeli investment fund for late stage life science companies has been closed.

( Globes 10 Nov 2020)​​

OutSense AI Tech Can Test Your Poop For Medical Issues
Israeli startup OutSense takes Startup Nation down the toilet, so to speak.

(Jewish Business News Nov 9 2020)

IronSource To Be Valued At $8 Billion In Israel’s Biggest IPO Ever
Startup Nation scores its biggest exit yet with ironSource.
(Jewish Business News 9 Nov 2020)​​

Temasek-Backed Red Dot Close to Raising $200 Million VC Fund
Israeli venture capital firm has raised about 95% of the fund Red Dot targets countries like Singapore and Vietnam.
( Bloomberg 9 Nov 2020)​​

Israel’s Cellwize Uses A RAN Automation And Orchestration Platform To Accelerate 5G Network Growth
Cellwize just raised $32 million to help companies expand into the new 5G market.
( Jewish Business News 9 Nov 2020)​​

Israeli Startup Fixel AI Bought By Logiq
Fixel makes yet another exit for Startup Nation.

(Jewish Business News 9 Nov 2020)

‘It’s Like Falling in Love’: Israeli Entrepreneurs Welcomed in Dubai
​A high-profile delegation of Israeli innovators visited the United Arab Emirates soon after moves to normalize relations.

( The New York Times 7, Nov 2020)​​

elected Recent Database Additions & Activity (Nov 6 – Nov 12)

Financing Rounds
Intelligo ($15M, Series B)
Lightico ($13M, Series B)
Cellwize ($32M, Series B)
ReSec ($4M, Series A)

Exits (M&A and IPO)
Voca.ai ($70M, Acquired by Snapchat)
CloudAlly ($30M, Acquired by Zix)

New Startups Added
Growers Tech (Agrotech, AI)
Voyantis (Internet, AI)
Torr (Industrial Technologies, FoodTech)
ReturnGO (E-Commerce, RetailTech)
Eyeviation (IT, Machine Learning)


New Israeli VC Fund Added (Closed Funds & First Closing Q3-Q4 2020)
Peregrine Ventures Growth ($101M)
10D Fund I ($110M)
Aristagora VC Israel LP ($60M)
VentureIsrael LP 
Unicorn Technologies Limited Partnership ($20.5M)
Hyperwise Ventures LP ($60M)
Almeda Ventures LP ($20M)
Team8 Capital Fund ($104M)

Source: IVC Research

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