CTech's Monday Roundup of Israeli Tech News
Facebook deleted thousands of accounts ahead of Israeli municipal elections. Glilot Capital raises a $110 million third fund
18:0815.10.18
Facebook deleted thousands of accounts ahead of Israeli municipal elections. The social network collaborated with an Israeli government cyber defense organization on the issue, drawing criticism about the tie-up. Read more
Benjamin Netanyahu. Photo: EPA
Glilot Capital raises a $110 million third fund. The fund will focus on early-stage investments in artificial intelligence, big data, and cybersecurity startups. Read more
Benjamin Netanyahu. Photo: EPA Netanyahu says Israel wants “excellent relations” with Indonesia. Indonesia and Israel do not have official diplomatic relations, but Israelis and Indonesians are allowed to visit each other’s countries. Read more
Cannabis lab set up in the Hebrew University, with a $2.3 million investment. The investment was made by Asana Bio Group, an Israeli company specializing in cannabinoid-based treatments in the women's health field. Read more
Warburg-Pincus plans to keep CEO of Israeli credit card issuer in seat. The New York-headquartered private equity firm wants to appoint Yaron Bloch to chairman of Leumi Card, which it acquired in July. Read more
Israeli pharma retailer invests in domestic online food delivery service. Israel-based drugstore chain Super-Pharm has invested in online supermarket startup Bring Bring. Read more
Israeli retailer Fox trends up after company-hired investigator clears CEO of sexual harassment allegations. In August, Israel’s Channel Ten News aired a report detailing an alleged history of sexual misconduct by the company's CEO, director, and controlling shareholder Harel Wiesel. Read more
Teva, Philips-backed Sanara Ventures announces $2 million healthcare startup competition. Two winning startups will be chosen in the domains of medical devices and digital health, and receive mentorship and $1 million each. Read more
Israeli wireless charging company Humavox partners with Chinese electronics company WeWow. Humavox’s technology enables wireless charging in everyday objects through the transmission of radio frequency waves. Read more
