Israel Fintech Startup Nayax Looking At $1 Billion Valuation With TASE IPO Nayax joins a number of other Israeli fintech success stories. (Jewish Business News, 4 Dec 2020) Israeli digital health VC OTV raises new $170 million fund “The Covid-19 pandemic elucidated the importance of digital products to the global healthcare ecosystem,” said OTV General Partner Alejandro Weinstein (CTech 3 Dec 2020) Israeli tech gives Intel breakthrough in market dominated by competitor Amazon Web Services will start using processors developed by Israel-based Habana Labs, acquired by Intel; deal ‘makes a crack’ in cloud training market controlled by Nvidia. ( The Times of Israel, 2 Dec 2020) Israeli events platform co Bizzabo raises $138m Bizaboo has successfully pivoted to develop technology for virtual conferences. (Globes, 2 Dec 2020) Nayax aiming to become the first unicorn on the Tel Aviv Stock Exchange Israeli fintech company is expected to target a valuation of $1 billion in an IPO scheduled for the second quarter of 2021. (CTech, 2 Dec 2020) Israeli Tech Used By Spanish Royal Family To Clear Air of Covid-19 A study found that the Israeli tech kills 99.9% of virus in the air, including the Corona Virus. And there is portable pesonal version too. (Jewish Business News, 1 Dec 2020) Israeli tech company making water from thin air signs agreement in UAE According to the company’s website, its solutions are “perfect for villages, off-grid settlements and factories.” (The Jerusalem Post, 1 Dec 2020) How Beersheva plans to be the world hub of desert technology ‘We want to position the Negev as a world center for desert-tech solutions,’ says head of innovation community arising in Beersheva. (ISRAEL21c, 1 Dec 2020) Israeli Startup Tipa Develops Compostable Packaging Cleantech firm Tipa just brought in $4 million. (Jewish Business News, 30 Nov 2020) The Weekly Good News From Israel / By Micahel Ordman ISRAEL’S MEDICAL ACHIEVEMENTS SCIENCE & TECHNOLOGY ECONOMY & BUSINESS (Jewish Business News, 30 Nov 2020) Israeli Tech Startups are taking the Tel Aviv Stock Exchange by storm. Drive 100% Jump In October, eight companies out of 14 conducted IPOs worth $650 million in the Tel Aviv stock exchange are tech startups, Bloomberg report according to data from TASE. (Jewish Business News, 29 Nov 2020) Emirati Al-Dahra to bring Israeli Watergen’s Water Making Tech To The Gulf Watergen can turn the water vapor in humidity into drinking water. (Jewish Business News, 29 Nov 2020) Emirati airline joins Israeli accelerator program for tourism startups Etihad Airways joins other leading travel companies such as Booking and Amadeus. (Ctech, 29 Nov 2020) 6 Israeli creations get showcased in TIME’s 100 Best Inventions for 2020 Smart beehive, folding booster seat, shrinking electric car, AR headset, sweeter sugar, medical data miner said to change how ‘we live, work, play and think about what’s possible’ (The Times of Israel, 29 Nov 2020) Dubai, Israel sign agreement to develop FinTech collaboration DIFC FinTech Hive signs deal with Israel’s FinTech-Aviv to strengthen cooperation in financial technology. (Arabian Business, 28 Nov 2020) |
Selected Recent Database Additions & Activity (Nov 27 – Dec 4)
Financing Rounds
- Bizzabo ($138M, Series E)
- BioSight ($27M, Series C Extended)
- MitrAssist ($50M, Series C)
- Propdo ($2M, Seed)
- Caja Robotics ($12M, Series C)
- Tipa ($4M, Bridge)
Exits (M&A and IPO)
- Aquarius Engines (($67.4M, IPO, TASE)
- Human Xtensions ($47.8M, IPO, TASE)
- Highcon ($45M, IPO, TASE)
New Startups Added
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- Bidshake (Internet, Knowledge Management)
- Imagindairy (Industrial Technologies, FoodTech)
- Darrow AI (IT, LegalTech)
- Cynergy Cybersecurity (IT, Cyber Security)
- Perceive Brain Health (Biotechnology, Diagnostics)
New Israeli VC Fund Added (Closed Funds & First Closing Q4 2020)
- New Era Capital Partners II ($60M)
- Spyre Ventures Fund ($20M)
- Invesys Capital Fund ($25M)
- Peregrine Ventures Growth ($101M)
- Aristagora VC Israel LP ($60M)
- VentureIsrael LP
- Unicorn Technologies LP ($20.5M)
Source: IVC Research