Category: Israeli
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S&P sees no major Israeli economic recovery before 2026
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In its latest report on Israel published last night, Standard & Poor’s said that the war in Gaza and Lebanon is expected to continue until 2025, which will delay the country’s economic recovery until 2026. The international rating agency, which lowered Israel’s rating to A-, was Last month with a…
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Israeli data security co Cyera raises $300m at $3b valuation
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Israeli cybersecurity company white The company announced the completion of a $300 million Series D financing round at a company valuation of $3 billion. The round was led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian. Cyera has more than doubled its valuation since…
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Israeli co Canada Global buys Miami real estate for $116m
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Income-producing Israeli real estate company Canada Global (TASE: CNGL), controlled by Israel Canada (TASE: ISCN) controlling shareholders Assaf Toshmir and Barak Rosen (60%), informed the Tel Aviv Stock Exchange (TASE) this morning that it has purchased an office complex in Miami for $116. Million dollars. Investors in Canada Global include…
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Israeli cloud management co ScaleOps raises $58m
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Israeli company for automated real-time cloud resource management ScaleOps Today it announced the completion of a $58 million Series B funding round led by Lightspeed Venture Partners, with participation from previous investors NFX and Gillot Capital Partners, and new investor Picture Capital. This brings the total amount raised by the…
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Sweden’s MTG buys Israeli gaming co Plarium for up to $820m
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Australian company Aristocrat is selling Plarium after purchasing the company in 2017 for $700 million. Swedish company Modern Time Group (MTG) has announced the acquisition of an Israeli gaming company Plarium From Australian gaming giant Aristocrat Leisure for up to $820 million. MTG will pay $600 million immediately and an…
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New initiative connects Israeli tech to UK healthcare
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The Dangor Foundation, in partnership with the UK-Israel Tech Hub at the British Embassy in Israel, launched the project Dangor Academy of Health Technology today. The Academy seeks to introduce leading Israeli technology to UK healthcare partners – and encourage the development and adoption of transformative technologies in Britain to…
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CrowdStrike buys Israeli cloud security co Adaptive Shield
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Following the acquisition of Israeli cloud security companies by Palo Alto Networks, Cisco, and Check Point, CrowdStrike followed suit by acquiring Adaptation shield. The acquisition price was not disclosed, but it is estimated at $300 million, which represents a good return for investors in Adaptive Shield, which raised a total…
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After court victory, 5 Israeli cos exhibit at France’s Euronaval
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Five Israeli companies participated today in the prestigious Euronaval exhibition, which opened in France, five days after the Paris Commercial Court overturned the French government’s decision to ban Israeli companies from participating in the event, following a petition filed by the Israel Manufacturers Association, Israel Shipyards, and the Chamber of…
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Israeli startups raised nearly $1b in October
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Private Israeli technology companies raised more than $8 billion in the first 10 months of 2024, up from $6.9 billion in all of 2023. Israeli startups raised nearly $1 billion in October 2024, according to reports and press releases seen by Globes. The number may be higher because some companies…
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Azrieli Group seeks slice of Israeli residential market
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Israeli shopping mall and office giant Azrieli Group (TASE: AZRG) has made a non-binding offer to acquire real estate company ZMH Hammerman (TASE: ZMH) at a valuation of NIS 635 million, representing a 5.7% premium to the offering. The company’s market value (600 million shekels). This comes after the completion…
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Israeli data loss prevention co MIND raises $11m
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Israeli Data Loss Prevention (DLP) company. mind It came out of stealth today and unveiled its platform to enable organizations to protect their most sensitive data. The company also announced that it has raised $11 million in a seed funding round led by YL Ventures with participation from cybersecurity leaders…
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French court overturns Euronaval ban on Israeli cos
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For the second time in the past four months, the Paris Commercial Court overturned a decision by the French government to ban Israeli companies from participating in a defense exhibition and ruled that they can participate in the Euronaval event, which opens on Monday. The court was responding to a…
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Israeli AI software co Verax AI raises $7.6m
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Verax AI develops enterprise-grade software solutions that provide visibility and control of AI in production. Israeli artificial intelligence software company Real artificial intelligence Today, it announced the completion of a $7.6 million seed funding round led by TQ Ventures with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and…
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Israeli heart medical device co Innoventric raises $28.5m
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Israeli Cardiac Medical Devices Company Not innovative Today, it announced the completion of its $28.5 million Series B financing round. The company has developed a device for the transcatheter treatment of tricuspid regurgitation (TR) using a revolutionary transcaval technology. This latest funding round, led by RA Capital Management, with participation…
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Intel weighs up future of $650m Israeli acquisition Granulate
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There has perhaps never been a better time for Tal Siaj and Asaf Ezra, the entrepreneurs behind the Israeli cloud optimization solutions company granular. In 2022, they sold the company to Intel for $650 million, after raising just $45 million. In the same month, the US Federal Reserve raised interest…
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Intel weighs up future of $650m Israeli acquisition Granulate
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There has perhaps never been a better time for Tal Siaj and Asaf Ezra, the entrepreneurs behind the Israeli cloud optimization solutions company granular. In 2022, they sold the company to Intel for $650 million, after raising just $45 million. In the same month, the US Federal Reserve raised interest…
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Israeli co Armis Security raises $200m at $4.3b valuation
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Israeli cybersecurity company ARMIS SECURITY Today it announced the completion of a $200 million Series D funding round, bringing its valuation to $4.3 billion. This is $900 million higher than the previous funding round less than three years ago. The latest financing round was led by General Catalyst and Alkeon…
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Israeli co Spear UAV unveils suicide drone defense system
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The Tel Aviv-based company, which was founded seven years ago, is known for its unique packaging methods for launching drones. Israeli Loitering Munitions Company (suicide drones). Drone spear It unveiled the Viper I unmanned suicide defense system at the AUSA exhibition in the United States. The system can deal with…
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Israeli co Spear UAV unveils suicide drone defense system
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The Tel Aviv-based company, which was founded seven years ago, is known for its unique packaging methods for launching drones. Israeli Loitering Munitions Company (suicide drones). Drone spear It unveiled the Viper I unmanned suicide defense system at the AUSA exhibition in the United States. The system can deal with…
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Israeli homeowners could be hit hard by planned tax changes
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The Ministry of Finance recently published a draft of a new law that includes a set of measures to increase revenues for the war-torn economy, some of which relate to real estate, and will have major repercussions for home buyers. Important measure Almost all of the real estate-related measures in…