Category: Israeli

  • Israeli winners and losers on Wall Street in 2024

    Despite a tough week last week, New York’s leading stock indexes are expected to have an exceptional year. The S&P 500 rose 24%, and the Nasdaq 100 rose 28%, both reaching all-time highs. Israeli companies listed on American stock exchanges certainly did not miss the opportunity. The market value of…

  • Israeli defense firms beat world average in revenue growth

    The total revenues of the world’s 100 largest defense companies increased by 4.2% in 1,023 companies compared to the previous year. The list includes Israel’s three largest defense companies – Israel Aerospace Industries (IAI), Elbit Systems (TSX: ELST, Nasdaq: ELST), and Rafael Advanced Defense Systems – which saw combined revenues…

  • The best Parkinson’s medication will be Israeli, and hybrid

    “The best drug for Parkinson’s will come from Israel. It will be a hybrid drug, the best hybrid drug in the world.” said Dr. Michel Tzur, co-founder and CEO treatmentin conversation with Globes technology correspondent Mittal Weisberg at the 2024 Globes Israel Business Conference. Tzur was a participant in the…

  • Houthis causing negligible damage to Israeli trade – study

    Despite numerous concerns about shipping bottlenecks as occurred in the wake of the Covid pandemic, the Houthi blockade of the Bab al-Mandab Strait in western Yemen has not caused any significant damage, according to a new study by the Bank of Israel, Haggai Etkes and Nitzan Feldman of the University…

  • StepStone partner: Israeli economy resilient and robust

    Darren Friedman, partner at alternative investment firm StepStone, focuses his portfolio on the technology, healthcare and infrastructure sectors in the United States. However, he expresses concerns about Europe, saying: “It is striking that countries like Greece, Italy and Spain now look like the bright spots on the continent. Friedman, a…

  • Israeli startup Astrix Security raises $45m

    Israeli cybersecurity company Asterix Security announced the completion of a $45 million Series B funding round led by Menlo Ventures (through Anthology Fund – a strategic partnership with Anthropic) with participation from Workday Ventures, as well as existing investors Bessemer Venture Partners, CRV and F2 Venture. capital. Founded in Tel…

  • Israeli startup Astrix Security raises $45m

    Israeli cybersecurity company Asterix Security announced the completion of a $45 million Series B funding round led by Menlo Ventures (through Anthology Fund – a strategic partnership with Anthropic) with participation from Workday Ventures, as well as existing investors Bessemer Venture Partners, CRV and F2 Venture. capital. Founded in Tel…

  • Israeli climate tech startups meet French industrial giants

    If only it were up to the Dan brothers, Yossi and Andre, and their indefatigable small company challengeIsraeli technological innovation will be a major part of the French business stream. As we mentioned in previous articles, bringing giant companies from abroad to Israel during high-risk periods such as now presents…

  • Jump in Defense Ministry orders from Israeli startups

    During the first year of the war, between October 2023 and September 2024, the Israeli Ministry of Defense placed orders worth NIS 601 million to 86 startups and small companies — five times more than the previous year, according to Defense Ministry Directorate data. Research and Development (DDR&D) (MAFAT), offered…

  • Israeli tech M&A deals reach new peak – report

    Also this year, Israel’s technology industry delivered record numbers of mergers and acquisitions. According to a new report from Vintage Investment Partners, M&A deals hit a new peak this year at $10.5 billion, 22% higher than the previous peak of $8.6 billion in 2021. A particularly interesting figure in this…

  • Israeli fintech co Capitolis buys UK co Capitalab

    Israeli fintech company Capitolis Today it announced the acquisition of UK portfolio compression and margin optimization firm Capitalab from BGC Group for $46 million. This acquisition will allow Capitolis, the market leader in optimization and compression, to offer more optimization and compression solutions to the industry. The acquisition comes amid…

  • Israeli startups raised over $700m in November

    Private Israeli technology companies raised about $9 billion in the first eleven months of 2024. Israeli startups raised more than $700 million in November 2024, according to reports and press releases seen by Globes. The number may be higher because some companies prefer to remain hidden and sometimes do not…

  • Wiz buys Israeli cybersecurity co Dazz for $450m

    Cloud security company WizIsrael’s most valuable private company valued at $12 billion, announced today that it has acquired a consolidated Israeli security processing company. dazzlewhich was co-founded by CEO Merav Pahat, one of Wiz CEO Assaf Rappaport’s closest friends since they worked together at Microsoft. Both entrepreneurs, Rappaport and Bhatt,…

  • Wiz buys Israeli cybersecurity co Dazz for $450m

    Cloud security company WizIsrael’s most valuable private company valued at $12 billion, announced today that it has acquired a consolidated Israeli security processing company. dazzlewhich was co-founded by CEO Merav Pahat, one of Wiz CEO Assaf Rappaport’s closest friends since they worked together at Microsoft. Both entrepreneurs, Rappaport and Bhatt,…

  • Global banks invest $20m in Israeli fintech co Capitolis

    Israeli fintech company Capitolis Today it announced a $20 million strategic investment from four leading global banks. The new round is led by Citi and includes State Street, both existing investors in Capitolis, as well as new investors Morgan Stanley and UBS. Each bank will invest $5 million and will…

  • Israeli co Knostic uncovers unexpected ChatGPT vulnerability

    Knostic published research this week, revealing a new method of cyber attack on AI search engines, which takes advantage of an unexpected trait – impulsiveness. An Israeli AI access control company Knostic I published research this week, revealing a new method of cyberattack on AI search engines, which takes advantage…

  • Israeli co Knostic uncovers unexpected ChatGPT vulnerability

    Knostic published research this week, revealing a new method of cyber attack on AI search engines, which takes advantage of an unexpected trait – impulsiveness. An Israeli AI access control company Knostic I published research this week, revealing a new method of cyberattack on AI search engines, which takes advantage…

  • Israeli co Knostic uncovers unexpected ChatGPT vulnerability

    Knostic published research this week, revealing a new method of cyber attack on AI search engines, which takes advantage of an unexpected trait – impulsiveness. An Israeli AI access control company Knostic I published research this week, revealing a new method of cyberattack on AI search engines, which takes advantage…

  • Israeli co Knostic uncovers unexpected ChatGPT vulnerability

    Knostic published research this week, revealing a new method of cyber attack on AI search engines, which takes advantage of an unexpected trait – impulsiveness. An Israeli AI access control company Knostic I published research this week, revealing a new method of cyberattack on AI search engines, which takes advantage…

  • Israeli cybersecurity co Upwind raises $100m – report

    Upwind, co-founded in 2022 by CEO Amiram Shashar, who previously founded cloud security management company Spot.io, which was sold to NetApp for $450 million in 2020, is raising money at a valuation of $850-900 million, according to reports. TechCrunch”. Israeli cybersecurity company Security upwind It has almost completed a $100…