What is Israel's latest unicorn planning next and how are corporate VCs reshaping the Israeli tech landscape?

CTech Daily Roundup: Fintech company Lendbuzz announces $60 million Series C and $300 million in debt financing

CTech 22:0523.06.21
Hailo to become newest Israeli unicorn with $110 million Series C. The Israeli AI chipmaker isn't planning any additional rounds before it goes public, aiming to reach Nasdaq over the coming year at a valuation of $1.5-$2 billion. Read more


Fintech company Lendbuzz announces $60 million Series C and $300 million in debt financing. The AI-based auto finance platform helps individuals currently underserved by the traditional credit system to purchase a car. Read more


Juice. Photo: Shutterstock Juice. Photo: Shutterstock


A Day in a Life | Joining Samsung was not very different from my startup days. Rutie Adar, Head of Israel, Samsung Strategy & Innovation Center, believes that having a wide lens that includes the humanities and social studies enables better decision making and to become a better-rounded thinker. Read more


How are corporate VCs reshaping the Israeli tech landscape? We’re all familiar with venture capital firms - but what happens when large corporates check into the game? Read more


Better Juice raises $8 million in Seed funding. The Israeli startup’s enzymatic technology uses all-natural ingredients to convert fructose, glucose, and sucrose into prebiotic dietary fibers and other non-digestible molecules. Read more


Cloud security platform Lightspin raises $16 million A Round. The Israeli cybersecurity startup has developed a context-based cloud security platform for cloud-native and Kubernetes environments. Read more


Video giant Vimeo doubles Israeli workforce. The video platform company aims to go from 120 to more than 200 workers in its Ness Ziona R&D center in the coming year. Read more


Mitiga raises $25 million Series A for cloud-based incident readiness and response solution. The Israeli cybersecurity startup's cloud-based solution for cloud and hybrid environments is aimed at dramatically improving efficiencies around incident readiness and response by aligning around the client’s goals. Read more


Opinion | In becoming “scale-up nation” focusing on the customer has played an outsized role. "The innovation that exists in this tiny strip of land on the Mediterranean is breathtaking, and it’s poised to continue to reach new heights," writes Omer. Read more