Which Israeli company was acquired for $300 million and who raised funding from Walgreens?

CTech Daily Roundup: Cymulate raises $45 million series C to help organizations optimize their cybersecurity posture

CTech 22:3305.05.21
Israeli agtech startup Prospera acquired by Valmont for $300 million. Prospera, which became the first local agtech company to be acquired, is a developer of machine vision technologies that continuously monitor and analyze plant development, health and stress. Read more


Vim raises $60 million led by U.S. health giants Walgreens and Anthem. The Israeli healthtech startup develops an online service that helps patients and healthcare providers find, schedule, and receive care from doctors and specialists. Read more


Agtech. Photo: Courtesy Agtech. Photo: Courtesy


Cymulate raises $45 million series C to help organizations optimize their cybersecurity posture. "Within two years we will be a unicorn,"

predicted CEO Eyal Wachsman, with the Israeli startup’s revenue doubling to $15 million in 2020. Read more


Which Israeli technologies will soon be going to space? Space Hummus, onboard drones, flexible solar panels, and cameras to photograph “lightning elves” are just some of the Israeli technologies that will accompany the next Israeli astronaut to space in 2022. Read more


Pecan AI raises $35 million series B led by GGV. "We are building the Wix of AI,” said CEO Zohar Bronfman, with Pecan’s analytics platform aiming to provide both commercial analysts and business stakeholders with the power of predictive AI. Read more


Wasteless deploys its pricing solution at METRO to help with food reduction. The company automatically adjusts the pricing of food items based on their expiration dates. Read more


Wix acquires Rise.ai to expand its e-commerce activities. Rise.ai has had partnerships with Facebook and Google to help provide companies with online gift card solutions. Read more


PTC to invest over $4.5 million in Technion – Israel Institute of Technology. The strategic collaboration will see the American software giant establish an R&D center in the Technion's Haifa campus. Read more 


British Embassy in Israel launches new VC club. Currently, UK investment only accounts for 3% of Israeli startup funding, compared to 35% from the US. Read more


Appointments | Elementor appoints tech entrepreneur Yam Regev as VP of Marketing. Before joining Elementor, Regev founded Zest, which was recently acquired. Read more


Opinion | The HoneyBook Story: Innovating and investing in less obvious markets. Based on our experience, we ask ourselves three main questions when evaluating these opportunities, as we try to figure out for which Israeli founders we could potentially be a great fit. Read more