Who launched a $300 million life science fund and is Waze about to lose its way?

CTech Daily Roundup: Thousands of Israelis risk being blackmailed after network of sexual meetup sites breached

CTech 22:2910.11.20
Thousands of Israelis risk being blackmailed after network of sexual meetup sites breached. Shady websites offering dating and hookup services leaked personal, financial, and in some cases security-related information. Read more

 

Peregrine Ventures launches $300 million life science fund. The venture capital group raised the large sum to finance late stage life science companies, predicts more investments in the sector. Read more

 

McPlant burger. Photo: AFP McPlant burger. Photo: AFP

 

As McDonald’s debut’s ‘McPlant’, here’s a look at the Israeli competition. As the U.S. Fast food giant announces its plant-based patties, we take a look at some of the Israeli companies revolutionizing the Foodtech space. Read more

 

Lightico raises $13 million to accelerate adoption of customer interaction SaaS platform. The Israeli company equips B2C businesses with an easily customizable, and mobile-first platform that integrates seamlessly into existing workflows. Read more

 

Israeli mental health startup awarded $2.7 million EU grant for AI solution. The grant aims to support further clinical research and development of the company’s mental health platform. Read more

 

Israel’s Kameleon partnering with chip giant Xilinx to create first proactive security processor. Xilinx, acquired by AMD for $35 billion last month, will begin selling the collaborative ProSPU next year, with Kameleon planning to launch its own chip in 2022. Read more

 

Noam Bardin steps down as Waze CEO, says time for new leadership. Bardin joined the mobile navigation app developer 12 years ago and led it through Google's $1.1 billion acquisition of the company in 2013. Read more 

 

Israel’s CloudAlly acquired by Zix in a $30 million deal. CloudAlly to enhance Zix’s suite of solutions and provide its customers with tools to drive cloud adoption. Read more

 

Israel hosts 3-day virtual Bootcamp for female Italian entrepreneurs. The 3-day event, hosted by UniCredit Bank, was held remotely and served to assist Italian companies with their global efforts. Read more

 

Ronen Nir sets sights on becoming the next CEO of the Israel Innovation Authority. Since the outbreak of the Covid-19 pandemic, Nir of Viola Ventures has been a vocal voice on social media regarding the effects of the crisis on the local tech industry and entrepreneurs. Read more

 

Tal Barnoach’s newly launched Disruptive AI to focus on investments in early stage startups. “Reports of a severe shortage of investment in young companies are extremely worrying and our new fund will try to fill in the gap,” he said. Read more