Who raised $75 million and which Israeli company has filed for a Nasdaq IPO?

CTech Daily Roundup: Israel - The land of milk, honey, and tech accelerators

CTech 23:0418.05.21
Israel: The land of milk, honey, and tech accelerators. Entrepreneurs can benefit from joining one of Israel’s many accelerator programs - but choosing one is easier said than done. Read more


Explorium raises $75 million led by Insight Partners to expand data science platform. The Israeli startup, which announced its $31 million series B just 10 months ago, has doubled its customer base and more than quadrupled its revenue since the outbreak of Covid-19. Read more
Honey. Photo: Shutterstock Honey. Photo: Shutterstock


Cybercrime startup ThetaRay raises $31 million led by JVP and BGV. The Israeli company's solution enables the world's largest banks, financial institutions, and businesses to mitigate the risk of money laundering, terrorist financing, human trafficking, and narco-trafficking. Read more


Interview | PatenSee’s imaging device spots health abnormalities with the touch of a button. The medical device startup’s product scans kidney dialysis patients’ arms, using artificial intelligence to detect risks to fistula. Read more


WalkMe files for Nasdaq IPO, reveals $157 million annual revenue. The Israeli website navigation company is believed to be targeting a $4 billion valuation. Read more


Jewish-Arab Coexistence | "Israel is a unicorn powerhouse. Why aren't Israeli Arabs part of it?" Imad Telhami, Founder and Chairman of Babcom Centers, believes equality in education and joint job centers are crucial in the effort to reach peace between Arabs and Jews. Read more


"Arab integration must also take place in politics, not just in economy." "The conditions for equality for Israeli-Arabs are not ripe," says Orni Petruschka, a former high-tech entrepreneur and now the co-chairman of the Abraham Initiatives, "but despite the low we are in, chances of rehabilitating our society are better than ever." Read more


Intel Israel CEO: Diversity brings business resilience and a competitive advantage. The company, which has about 14,000 employees including hundreds of Arabs has built workers’ communities and runs programs in different languages. Yaniv Garty, the CEO: Between the flames, we do a lot to promote coexistence and cooperation. And this is the direction we will take once things calm down. Read more


“Coexistence is real when it’s year-round,” says SodaStream CEO Eyal Shohat. Shohat recommends not mixing politics and business. “Every day we should be working on living together,” he says. Read more


“The human factor in high-tech should represent the diversity in the population." Efi Cohen, co-founder of Datorama and CEO of Salesforce Israel’s R&D center, thinks equal representation in tech will foster coexistence. The key, he says, is in a geographical layout that will better suit the Arabs. Read more


Opinion | A global perspective: how individual empowerment can transcend hatred. "The conflicts get the attention but there are ample places here where hi-tech is truly bringing sides together," writes Robert Cohen. Read more


Opinion | What should Israelis learn from MIT’s Product Management program? Taking lessons from MIT, Matan Ravid shares how Israelis can shift their focus from traditional MBA occupations to Product Management to help increase the number of innovative, international leaders coming from Israel. Read more