This Week's Deals
In case you missed it: these are the M&As and investments we reported on this week
Spanish-Israeli venture fund Cardumen Capital raised $60 million in commitments. Cardumen focuses on early stage deep tech startups. The fund is led by former Samsung Ventures investors Gonzalo Martinez de Azagra and Roy Gottlieb. Read more
Koch Industries backed medical device company InSightec in series F round. Koch Disruptive Technologies, the venture capital arm of Koch Industries, has committed to investing up to $150 million in Insightec according to a post-money valuation of $1.3 billion. Read more
Tel Aviv's Skyline. Photo: Shutterstock U.S. air force awarded Elbit $472 million contract for F-16 infrared missile warning system. Elbit’s system, already in use by the Israeli airforce, can detect a missile launched at an aircraft and alert the pilot to engage in evasive maneuvers. Read more
Retail analytics company Trax acquired Survey.Com. This is the company’s third acquisition since raising a $100 million funding round in July 2019. Read more
Last-mile mobility company Arrive acquired parking finding startup sPARK. SPARK develops an app that provides real-time information about available parking options near specified locations for both on-street and off-street parking and also offers a pre-booking service for parking spots. Read more
Fintech company Nayax acquired digital payments startup Modularity. Modularity develops credit card payment clearing technologies that can be used on Android-based devices. Read more
Ad revenue monitoring startup Oolo raised $6 million. Israel-based Oolo develops an AI system that autonomously monitors ad performance on media outlet websites to identify potential monetization issues. Read more
Secured network startup Perimeter 81 raised $4.5 million. Perimeter 81 develops a private, cloud-based firewall and secured network for businesses. Read more
Urban development startup UrbanLeap raised $4.2 million. UrbanLeap operates an online marketplace that enables local governments to better manage urban development projects. Read more
