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Jewish Business News


Israel High Tech Scene Nov 14 – 20

Tel Aviv

Tel Aviv at sunset, Israel Startup Israel

New Startups / VC Funding
FlipOS Raises $136 Million For IBuyer Platform
FlipOS, an Israeli startup offering a platform is designed for individual real estate investors and institutional buyers who want to outsource their business’s asset scouting and renovation functions, received $136 million in a Series B round to finance its platform…Read More Here

Israeli In-Game Creator Platform Raises $75 Million
Overwolf, an Israeli gaming platform, announced today the completion of a $75 million Series D fundraising round headed by Andreessen Horowitz, with prior investors Griffin Gaming Partners, Insight Partners, Intel Capital, Liberty Technology Venture Capital, and Marker participating… Read More Here

EasySend Raises $71.5 Million For Fintech
EasySend, an Israeli fintech startup that has developed a no-code digital customer journey platform, raised $50.5 million in a Series B round of funding led by Oak HC/FT. Existing investors Vertex IL, Intel Capital, and Hanaco Venture also participated in the round. The company also secured $5 million in venture debt from Silicon Valley Bank… Read More Here

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Justt Raises $70 Million For Chargeback Fraud Prevention
Justt, an Israeli startup developing an AI-powered platform to fight fraudulent chargebacks, raised $70 million across three different funding rounds, including a series B led by Oak HC/FT and two previously unannounced rounds led by Zeev Ventures and F2 Venture Capital, respectively… Read More Here

IPOs and Unicorns
“Israel Produces 10% Of All Unicorns”
“There’s growing evidence today that Israeli companies are able to scale more quickly than tech companies founded by others, and the number of unicorns is proof of that,” Gideon Argov of New Era Capital Partners told CTech’s Yafit Ovadia during an interview at the Mind the Tech NY 2021 conference in Manhattan. “Approximately 10% of all unicorns are Israeli startups,” he continued… Read More Here

StarkWare Is Latest Israeli Unicorn With $2 Billion Valuation
StarkWare is an Israeli cybersecurity startup that specializes in the development of solutions for enlarging blockchain capacity. The company just completed a $50 million round of funding led by Sequoia Capital. This round gave StarkWare a $2 Billion valuation making it yet another unicorn for Israel Startup Nation… Read More Here

Other Business Stories
Crypto Mogul Moshe Hogeg Arrested In Israel For Alleged Crypto Fraud, Sex Crimes
Crypto Mogul Crypto mogul Moshe Hogeg was detained on Thursday by Israel Police on suspicion of fraud, sex offenses, providing alcohol to minors, and conspiracy to commit a crime.Moshe Hogeg Arrested In Israel For Alleged Crypto Fraud, Sex Crimes… Read More Here

Warren Buffett Berkshire Hathaway Losing Millions On Teva Pharma
Warren Buffett’s investment firm Berkshire Hathaway is surely regretting its big investment in Israel’s Teva Pharmaceuticals. That company is now facing multiple civil suits and other legal headaches. The investment could end up being as bad for Buffett as attempting to short Herbalife was for Bill Ackman… Read More Here

Israeli Trading Platform EToro Losing Money Due To SPAC Expenses
For the second quarter in a row, Israeli trading platform eToro posted a net loss due to high expenses and capital remuneration associated with its anticipated SPAC merger. eToro was supposed to merge with US SPAC FinTech Acquisition Corp. V the previous quarter at a firm valuation of $10.4 billion, but the deal has been postponed… Read More Here



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