CTech's Tuesday Roundup of Israeli Tech News
Walmart acquires product review insight company Aspectiva; Insight Venture buys portfolio from Israel-based venture firm Genesis Partners
14:1826.02.19
Walmart acquires product review insight company Aspectiva. Tel Aviv-based Aspectiva has joined Walmart's incubation arm N° 8 following the acquisition. Read more
Walmart. Photo: Bloomberg
Insight Venture buys portfolio from Israel-based venture firm Genesis Partners. Genesis Partners’ portfolio includes several startups that are also backed by Insight, including Monday.com and Sisense. Read more
Walmart. Photo: Bloomberg
Ready to make some noise? Just keep it in your personal sound bubble. Israel-based company Silentium is developing individual sound bubbles in which each user could listen to the music of their choice, without disturbing the person sitting next to them who is enjoying a completely different track. Read more
Old-meets-new retail company Showfields raises $9 million. "We want to create the most interesting store in the world," Showfields co-founder Nathanel said in a December statement. Read more
Fosun Pharma inaugurates new building for Israeli subsidiary Sisram Medical. Fosun paid $240 million for a 95% stake in the Israeli cosmetic surgery in 2014, floating it on the Hong Kong Exchange in 2017. Read more
Business intelligence company Oribi raises $7 million. Tel Aviv-based Oribi develops simplified enterprise business analytics tools that do not require code integration or advanced analytic capabilities. Read more
Warburg-Pincus completes acquisition of Israeli credit card issuer. The $640 million deal was first announced in July 2018 following a law mandating separation between Israel’s largest banks and their credit card subsidiaries. Read more
EU-backed automotive startup accelerator selects new batch of startups. Out of the 24 startups selected, three Israeli startups made the cut. Read more
The Israeli government's new diet. New dietary guidelines ban the serving of sweetened sodas, candies, and pastries in government meetings and events. Read more
WeTechBerlin
The future of retail is in combining online and offline commerce, says fashion retailer exec. Watch the video
Businesses overlook value of payment systems, says Credorax CEO. Watch the video
German soccer league scouting for tech investments, says Bundesliga exec. Watch the video
Startups need to tackle regulation and taxes to grow, KPMG execs say. Watch the video
