Who are the newest members of the Israeli unicorn club and which mobile game generated $2 billion?
CTech Daily Roundup: ForeBio is on its way to Nasdaq at a $500 million valuation
Axonious raises $100 million at a $1.2 billion valuation. U.S.-based Stripes led the round together with existing Israeli and American backers. Read more
Women's Day 2021 | Women: Say yes to your place at the table! In a world in which women's voices are not heard as much as men’s, it is time to turn up the volume and put women at the center of the stage. Read more
HR Post Covid | MeMed’s Leadership classes came in handy during Covid-19. During the pandemic, managers were faced with unprecedented new challenges. The Biotech company decided to do something about it. Read more
ForeBio is on its way to Nasdaq at a $500 million valuation. The company aims to raise $100 million in an April IPO, while Pontifax and OrbiMed who previously invested $21 million for a 12.5% stake in ForeBio’s shares are expected to make a $120 million profit. Read more
Elbit Systems scores major deal to sell Hermes 900 UAVs to East-Asian country. Elbit beat out Israeli rival IAI, which will reportedly have to settle for a smaller order from the Indian air force. Read more
New public partnership Unic-Tech eyes TASE IPO, offering investments in private unicorns. This marks the first time in Israel that there will be a public partnership for investing in the global secondary market. Read more
Interview | “Everyone’s flocking to our game, but without restaurants and cruises our value is declining.” Playstudios offers a drastically different gaming platform that grants players prizes, perks, and tickets to Las Vegas, but that is all declining due to pandemic travel restrictions. Read more
Moon Active raking in the money as Coin Master crosses $2 billion income mark. Coin Master was the fourth-highest revenue-generating mobile game worldwide last year, bringing in $1.2 billion in 2020 alone. Read more
Phishing attacks in Europe soared 718% in 2020, according to Allot. The network intelligence and security solutions company cited Covid-19 as a leading cause for the sharp increase. Read more
Opinion | The ugly side of the tech cash splash. The big money being thrown at early-stage companies can often sidetrack entrepreneurs.
Appointments | Wind Israel appoints Itay Ezra as new CEO. Ezra will join the micro-mobility company after two years as a senior manager at AnyVision. Read more
Opinion | Can Tesla conquer Israel without storefronts? "Covid-19 pushed car purchases further down the road of digitization. Although consumers are still somewhat hesitant about fully online automotive sales," says Aharon Horwitz. Read more