Which company is on course for a $5 billion Nasdaq IPO and who launched an index dedicated to cannabis?

CTech Daily Roundup: MASSIVit is eyeing a TASE IPO at a valuation of over $200 million

CTech 22:1428.12.20
eToro is on its way to a Nasdaq IPO at a $5 billion valuation. The Israeli company, which has developed a platform to manage investments, is targeting an IPO in the second quarter of 2021 after doubling its revenue to $500 million and gaining five million new customers in 2020. Read more

 

Analysis | Israeli companies flocking to Nasdaq in numbers not seen since dot-com bubble. High demand for tech shares due to the accelerated digital transformation of the past year and the lack of M&A deals has resulted in more and more Israeli unicorns targeting a U.S. IPO. Read more
Cannabis. Photo: Shutterstock Cannabis. Photo: Shutterstock

 

Study: 95% of workers want to continue working remotely after Covid-19, despite neglecting security issues. Research by CyberArk highlights poor security habits of workers from home and raises questions about the future of remote working. Read more

 

MASSIVit is eyeing a TASE IPO at a valuation of over $200 million. Manufacturer of large-scale 3D printers for heavy industries aims to raise $60 million by going public in January. Read more

 

Tel Aviv Stock Exchange launches index dedicated to cannabis. The new index includes nine companies that are "primarily engaged in the fields of research, cultivation, sale or production and marketing of medical cannabis products." Read more

 

Interview | “We are the Booking.com, Airbnb, or Fiverr of the online ad industry.” Whizzco co-founder Alon Rosenthal sheds light on a tech field that thrived amid the Covid-19 crisis. Read more

 

HR Post Covid | “Everything begins and ends with people,” says Razor Labs’ VP of HR. It’s not easy to maintain social distancing rules during the Covid-era, and Razor Labs knows the importance of maintaining team spirit - albeit virtually. Read more  

 

“Forget about selling, that’s bullshit. You can build multi-billion dollar companies in Israel.” WIX President Nir Zohar speaks about his company’s phenomenal year and shares his thoughts on remote work. Read more

 

“We can bring 50,000 unemployed Israelis to work in the tech sector.” “Amazingly, 25% of unicorn-status startups in Israel grew during the pandemic,” says Israeli Innovation Authority CEO Aharon Aharon. Read more

 

Israeli tech advocate warns sector is leaving rest of society behind. While record investments are a testimony to the country’s resolve, opportunities for digital transformation were squandered, says Start-Up Nation Central exec. Read more