New Startups / VC Funding
1E Therapeutics’ Founder Dr. Bachelet Raises $120 Million Seed 5 Months After Founding
Calcalist was first to publish that Israeli biotech startup 1E Therapeutics has raised $120 million in a seed fundraising round.
A deal of this size for an early-stage biotech company is exceedingly uncommon. 1E’s Seed funding is thought to be the largest of its kind for an Israeli startup in the field. Although little is known about 1E Therapeutics, it is thought… Read More Here
IRONSCALES Raises $64 Million For E-Mail Security
IRONSCALES, an Israeli startup that provides an AI-powered email security solution, has raised $64 million in a Series C funding round led by PSG.
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Founded in Tel Aviv, Israel in 2014 by alumni of the Israel Defense Force’s elite Intelligence Technology unit, IRONSCALES’ boasts that its cloud-native, API-based email security software platform is self-learning to… Read More Here
Grip Security Raises $25 Million In 9 Months
Grip Security, an Israeli SaaS security startup founded in February 2021, has secured a total of $25 million in investments in the 11 short months since its inception. It just raised $19 million in a Series A round of funding led by Intel Capital with participation from existing investor YL Ventures, who… Read More Here
Robust Intelligence Raises $30 Million For AI Firewall
Robust Intelligence, an Israeli cybersecurity startup that helps businesses test their Artificial intelligence systems to prevent their failure, has raised a $30 million Series B funding round led by Tiger Global. Previous investor Sequoia, which led the company’s Series A round, as well as Harpoon Venture Capital and Engineering Capital also participated in this… Read More Here
IPOs and Unicorns
Fintech Unicorn Tipalti Raises $270 Million At $8.3 Billion Valuation
Tipalti, an Israeli fintech unicorn has raised $270 million in Series F fundraising at a $8.3 billion valuation, increasing its total capital to a little over $550 million.
Tipalti’s valuation has quadrupled since its $150 million Series E last year. Tipalti is now the second most valued fintech company in Israel, after… Read More Here
Former Mossad Head Yossi Cohen Led Investment In Cybersecurity Unicorn Claroty
Israeli cybersecurity unicorn Claroty has raised $400 million in a Series E round led by SoftBank’s Vision Fund 2. The new funds will be used to buy Israeli startup Medigate that specializes in medical infrastructure security. Yossi Cohen, the head of SoftBank’s financial advisors and a former Mossad chief, will join… Read More Here
Israeli-Founded Weather Security Tomorrow.Io Go Public In $1.2 Billion SPAC Deal
The Israeli-Founded platform for weather and Climate security Tomorrow.io to go public on Nasdaq at $1.2 billion with Pine Technology Acquisition Corp, a special purpose acquisition company (SPAC). The deal is expected to… Read More Here
Intel Taking Mobileye Public — Maye Be Worth $50 Billion
Intel has announced plans to have Mobileye, the Israeli driver assistance systems and autonomous car development company, go public once again in an IPO. The initial public offering for Mobileye is planned for next year.
A final decision on the IPO and its conditions… Read More Here
That’s Why IsraIsrael is pushing for 100 unicorns, or privately held enterprises worth a billion dollars or more.
Dan Perry and Jonathan “Yoni” Frenkel are looking into the Israeli high-tech unicorns phenomena in a remarkable article published in Tech Crunch. On the surface, they say, Israel has nearly as many el Is Pushing 100 Unicorns… Read More Here
Other Business Stories
Israel’s NSO Group Pegasus Spyware Targeted U.S. Embassy Staff In Africa
Israeli firm NSO Group is now charged with helping people spy on American diplomat’s The U.S. government has charged that NSO’s Pegasus spyware was used to track its embassy employees in EAST Africa, the New York Times reports.
Specifically, 11 U.S. Embassy employees working in… Read More Here
Pete Davidson Strips For Calvin Klein
Pete Davidson, the biggest star today on Saturday Night Live, is stripping down to his underwear in a new ad campaign for Calvin Klein. He is joined in the new Calvin Klein advertising by Machine Gun Kelly.
Davidson, 28, whose father had Jewish heritage, is America’s hottest hunk these days. He is currently dating the recently divorced Kim Kardashian. Pete Davidson hit it off with the 40 year old reality star best known for… Read More Here
Google Beats Botnet Glupteba
Google has unmasked a dangerous botnet that threatened to take over more than one million devices that use Google’s Android system. Glupteba is described as a sophisticated botnet which targets Windows machines and protects itself using blockchain technology. The company is now suing… Read More Here
Instagram Chief Adam Mosseri Interrogated By Congress
Instagram CEO Adam Mosseri was raked over the coal by the U.S. Senate. He was forced to testify before some very angry senators who are tired of all of the controversies surrounding Instagram, Facebook and their parent company Meta.
The Mosseri testimony came… Read More Here