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CTech's Sunday Roundup of Israeli Tech News

CyroLife signs option to acquire EndoSpan for up to $450 million; Ehud Barak’s company among bidders for Israeli cannabis company Tikun Olam

CTech 15:3615.09.19
CyroLife signs option to acquire EndoSpan for up to $450 million. NYSE-listed CyroLife announced on Wednesday a distribution deal and an option agreement to acquire the Israel-based stent graft company. Read more

 

Ehud Barak’s company among bidders for Israeli cannabis company Tikun Olam. Tikun Olam founder Tzahi Cohen has decided to sell the company’s Israeli business in August after an Israeli court ruled that he must reduce his stake to under 5% before the company’s growing license could be reinstated. Read more

Ehud Barak. Photo: Reuters Ehud Barak. Photo: Reuters

Tel Aviv-based media-tech fund Remagine raises $31 million. In September 2018, London-headquartered media and telecommunications company Sky announced a $4 million commitment to the fund. Read more

 

Spotify acquires online music production marketplace SoundBetter. SoundBetter develops an online music production marketplace where musicians can purchase services such as mastering and mixing pieces. Read more

 

Mobile urinalysis startup Healthy.io raises $60 million. The company has also received FDA clearance for the use of its smartphone urine test as an aid for diagnosing chronic kidney disease. Read more

 

Medical cannabis company Together plans to list subsidiary Cannabliss in North America. Cannabliss develops and manufactures smoke-free cannabis products, such as oils, candies, and cookies. Read more

 

Database startup ScyllaDB raises $25 million. ScyllaDB develops real-time big data database technologies for clients such as IBM and Qualcomm. Read more 

 

SoftBank to use WeWork IPO to increase stake, report says. On Tuesday, Reuters reported that SoftBank is pressuring the co-working giant to shelve its IPO due to its drastically slashed target valuation. Read more

 

Mind the Tech 2019

 

Riding the unicorn: of startups, investors, and overblown valuations. Watch the video

 

The pros and cons of corporate funds. Watch the video

 

Infrastructure needed to embrace technology is lacking, says cyber law expert. Watch the video

 

On average, our data is shared with 800 different websites a day, says Kape exec. Watch the video

 

Israeli startups, U.K. companies, a love story. Watch the video

 

Three tech fields can disrupt the travel industry, says El Al exec. Watch the video

 

For Global Taxation, it Was One Man Who Made the Difference, Says KPMG Partner. Watch the video

 

Treatment of wounds has not changed much throughout history, says Nanomedic CEO. Watch the video

 

PlayerMaker uses footwear to turn athletes into champions, says CEO. Watch the video

 

Chelsea teaches its players how to use social media, says Chelsea FC executive. Watch the video

 

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