Which company became Israel’s first woman-led unicorn and are Israel's new $100 million helicopters allergic to dust?

CTech Daily Roundup: Space tech companies prefer SPACs over traditional IPOs

CTech 22:2204.03.21
Papaya Global raises $100 million making it Israel’s first woman-led unicorn. CEO and co-founder Eynat Guez closed the deal late in her pregnancy, says she is rejecting flood of SPAC merger offers. Read more


Space tech companies prefer SPACs over traditional IPOs. In 2020 alone, $25.6 billion were invested in 359 equity investment rounds, experts say the Israeli industry should be receiving a larger portion than it is. Read more


CH53K helicopter. Photo: Lockheed Martin CH53K helicopter. Photo: Lockheed Martin


Seebo completes $15 million raise in extended series B. Vertex Ventures triples its investment in the Industrial AI company that experienced exponential growth during the Covid-19 crisis. Read more


Aleph Farms partners with BRF to bring cultivated meat to Brazil. Brazil is one of the largest beef producers in the world - and a strategic market for the producer of cultivated meat. Read more


AI image recognition company Pomvom completes $40 million IPO. The Israeli startup raised $11.5 million in Tel Aviv Stock Exchange offering a year after completing a private funding round at a $30 million valuation. Read more


Are Israel's new $100 million helicopters allergic to dust? The Ministry of Defense is planning to acquire 20 CH-53K King Stallion heavy-lift helicopters at a cost of $2.1 billion but a recent report has revealed that they suffer from degrading engine performance in sandy and dusty conditions. Read more


In Myanmar coup, old Israeli weapons exports are still in the picture. Israel halted its defense export to Myanmar in 2018, but sales made in previous years are now coming back to haunt it. Read more


Pixellot launches Air, an AI-automated camera co-developed with FC Barcelona. The portable and lightweight device was specifically designed for grassroots sports academies to help players and coaches with performance analytics. Read more  


Israel’s Hailo collaborates with AWS and others to launch video analytics solution. EdgeTuring is the result of a collaboration with Leopard Imaging, Socionext, and Amazon Web Services. Read more


Telehealth company TytoCare closes another $50 million funding round. Israeli firm says it has doubled its valuation 10 months after raising

$50 million in its previous round. Read more


Women's Day 2021 | Don't wait for the moment to come. Seize the moment. When you do something you’re passionate about, out of a strong desire to succeed - you do it in the best possible way. Read more


HR Post Covid | Israeli startup myInterview helped HR teams during Covid-19 - but who helped them? For departments that now rely on video services, myInterview was perfect. But managing this new demand created different challenges for the company during a pandemic. Read more