Category: Israeli
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Israeli cloud security co Wiz raises $1b at $12b valuation
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Israeli cloud security company Wiz The company announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion. The latest round is led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, with…
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Israeli insurtech co Honeycomb raises $36m
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Israeli American Digital Insurance Company Beehive Today it announced that it has raised $36 million in a Series B funding round led by Zeev Ventures, with participation from new investors Arkin Holdings and Launchbay Capital. Existing investors Ibex Investors, Phoenix Insurance and IT-Farm also participated in the round. This brings…
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Alcon to buy Israeli glaucoma treatment co Belkin Vision
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The Swiss-American ophthalmology company will pay $60 million immediately and up to $335 million with milestone payments to the company, BioLight reports. Swiss-American ophthalmology company Alcon (SWX: ALC) is acquiring an Israeli glaucoma treatment company Belkin’s vision With an amount of up to $335 million. The acquisition was reported by…
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Israeli startups raised over $1b in April
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In the first four months of 2024, Israeli startups raised $2.6 billion. Despite the war and the Easter holiday, Israeli startups raised more than $1 billion in April 2024, according to press releases seen by Globes. The number may be higher because some companies prefer to remain hidden and sometimes…
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Kenya taps Israeli loan for upgrade of air defence
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Kenya is acquiring a high-tech missile defense system from Israel using a billion shillings loan from Tel Aviv amid growing security threats in the Gulf of Aden from Houthi rebels and Somalia’s Al-Shabaab. The missile barrier, called the Spyder Air Defense System, will be acquired from an Israeli company, Rafael…
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Turkey bans exports of all goods to Israeli ports
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Although no official statement was issued, Turkish ports have already begun to respond to instructions prohibiting the export of goods to the ports of Haifa and Ashdod in Israel, sources familiar with the matter told Globes. Meanwhile, Israeli goods arriving at Turkish ports are not allowed to unload their cargo.…
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8,000 Palestinians furtively employed in Israeli construction
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A high-ranking source in the Israeli construction industry insists that some 8,000 Palestinian workers from Judea and Samaria have recently, “secretly,” as he puts it, obtained permission to enter Israel and are already working on construction sites across the country and that another 8,000 are currently working. He is expected…