New Startups / VC Funding
Israeli startup Quantum Machines Raises $50 Million for Quantum Computers
Quantum Machines, an Israeli startup that created the Quantum Orchestration Platform, secured $50 million in Series B funding led by Red Dot Capital Partners with the participation of Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management LP, and… Read More Here
Israeli Startup Amai Proteins Offers New Sugar Substitute
Amai Proteins is an Israeli startup developing new sugar substitutes. Amai means sweet in Japanese.
Everybody wants to be able to eat whatever they want without the consequences. Calories free sweets that really do taste like the real thing and are sugar-free… Read More Here
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Women Founded Startup Toya Raises $4 Million
Toya is an Israeli startup that offers a Roblox-focused gaming studio. Toya was founded by women and is run mostly by women. Toya just completed a $4 million funding round led by Drive by DraftKings, with gaming and media funds, Remagine Ventures and Powerhouse Capital… Read More Here
IPOs and Unicorns
Israeli Cybersecurity Snyk Doubles Valuation to $8.5 Billion
Snyk, an Israeli cybersecurity startup in the field of cloud native application security, is now worth $8.7 billion. Snyk is not just a unicorn now; it is a super unicorn. Snyk is now kind of like a unicorn with wings, a Pegacorn, or a Uninsus.
The new valuation came after a $300 million Series E financing round. Snyk has raised a total of $950 million in… Read More Here
Mergers and Acquisitions
Perrigo Buys HRA Pharma for $2.1 Billion
Perrigo Company, a manufacturer of over the counter pharmaceuticals, has signed a binding offer to acquire Héra SAS (HRA Pharma), a global consumer self-care company, for €1.8 billion, or approximately $2.1 billion in cash. The funds are affiliated with private equity firm Astorg and… Read More Here
Sweden’s Irisity Buys Israeli Video Analytics Agent Vi for $67.5 Million
Ageny Vi, the Israeli video analytics company, has been acquired by the Swedish video analytics and security systems company Irisity AB for $67.5 million… Read More Here
Gentex Buys Israeli startup Guardian Optical for $17 Million
Gentex Corporation, a supplier of electro-optical products for the global automotive, aerospace and fire protection industries, has acquired Israeli startup Guardian Optical Technologies. Guardian Optical offers a unique, multi-modal sensor technology designed to provide a comprehensive suite of driver- and cabin-monitoring solutions for the automotive industry. While the value of the deal was not revealed… Read More Here
Other Business Stories
Israel’s Mobileeye Launching Self-Driving Robotaxi in Germany
Israel’s Mobileye is now bringing its new robotaxi to Germany. The move is being made in partnership with SIXT.
Riders will be able to access the Mobileye service via the Moovit app as well as the SIXT app. The autonomous robotaxi offering will be included in SIXT’s holistic mobility platform ONE, which combines in just one app products for ride hailing as well as car rental, car sharing and… Read More Here
Yotpo and Shopify Make $30 Million Deal
Israeli unicorn Yotpo, the provider of an eCommerce marketing platform, has sealed a multi-year platform partnership with Shopify, a global commerce platform with more than 1.7 million merchants worldwide. The companies say that the new Yotpo and Shopify platform… Read More Here