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24/7
Headlines
09:40
The layoffs sweeping Israeli tech may only be the beginning
00:17
SentinelOne shares tumble after layoffs and weak forecast overshadow earnings
21:48
Anthropic closes colossal $65 billion funding round at $900 billion valuation
20:26
Black Thursday: Israeli tech reels as Wix, Amdocs, Rapyd and SentinelOne cut jobs
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1
Israel’s Iron Beam laser system sits idle despite war: “Appropriate, professional steps are being taken”
2
Israeli ministries join opposition to $4.2 billion Zim-Hapag deal
3
Cyber firm SentinelOne set to lay off hundreds of employees
4
Thousands of foreign workers caught in collapse of Israeli money transfer company
5
“We are investing significantly in energy weapons, including a powerful aerial laser”
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Autotech
20 stories about Autotech
Israeli startup SafeFields signs strategic deal with Veoneer to tackle vehicle radiation
21.05.26
|
CTech
Agreement aims to integrate electromagnetic field reduction systems into electric, hybrid, and highly electrified conventional combustion engine vehicles worldwide.
REE Automotive signals potential sale as cash pressures mount
17.05.26
|
Tomer Hadar
The company says it is considering a sale or merger while continuing cost-cutting efforts.
“You’ll get nothing”: OSR CEO’s message sparks employee revolt amid collapse
21.10.25
|
Almog Azar
Staff demand answers as company’s future appears uncertain.
UVeye secures $191 million to scale its AI vehicle inspection systems
29.01.25
|
Meir Orbach
Debt funding makes up $150 million, helping the startup scale its partnership with Amazon and global markets.
Aurora Labs pivots to AI monitoring and lays off 60% of workforce
27.01.25
|
CTech
The Israeli autotech company shifts focus to high-performance computing in vehicles and data centers.
After falling 86% from its peak, Arbe is coming to Tel Aviv in search of fresh funding
03.06.24
|
Sophie Shulman
The chip developer for the autonomous vehicle industry was listed on Nasdaq three years ago at a valuation of half a billion dollars. Since then, it has burned through $100 million and emptied its coffers. The solution? Raising debt in Tel Aviv.
Autotech startup Wisense shutting down
13.02.24
|
Meir Orbach
The radar developer raised a total of $37 million, but laid off most of its workforce last November before recently notifying the remaining staff that it would be closing down completely
GM's CTO Gil Golan steps down just one month after promotion
05.10.23
|
Meir Orbach and Tomer Hadar
Golan played a pivotal role in establishing GM’s Israeli center, which employs over 850 people
Top gear: Israeli autotech cruises along despite high-tech crisis
14.05.23
|
CTech
Israeli startups in the sector have registered impressive funding rounds and exits this year, as well as collaborations with some of the biggest names in the industry
The end of the road: Autotech company Otonomo to be acquired by Urgently after losing 95% of value
10.02.23
|
Sophie Shulman
Otonomo went public via a SPAC merger at a $1.26 billion valuation in the summer of 2021, but has since laid off almost its entire workforce and dropped to a market cap of $70 million
Aurora Labs raises $63 million Series C for vehicle software intelligence
07.07.22
|
Meir Orbach
The Israeli autotech startup allows automotive companies, Tier-1 suppliers, silicon vendors, and enterprises to develop, certify and diagnose software, and conduct over-the-air updates
Traffilog, SafeRide negotiating $1 billion SPAC merger
09.11.21
|
Golan Hazani
The newly-merged Israeli autotech company is in advanced negotiations to go public in the U.S. by merging with a SPAC
Traffilog, SafeRide join forces in Israeli autotech merger
07.11.21
|
Udi Etsion
The merged company, which is set to be valued at hundreds of millions of dollars, will provide an AI-based telematics solution to identify malfunctions and required maintenance according to actual wear and tear
Porsche, Goodyear investing in Israeli startup Tactile Mobility
27.10.21
|
CTech
The $27 million Series C was led by Delek Motors and will be used to support growing demand for Tactile's sensing technology and data offerings
“SPAC mergers are like a bank loan, they are given to those who do not need it”
31.07.21
|
Golan Hazani
With its chips installed in Mercedes among others, Valens Semiconductor is gearing up for an October SPAC merger at a $1.16 billion valuation
4D radar developer Arbe Robotics headed to Nasdaq via SPAC merger
18.03.21
|
Udi Etsion
The Israeli autotech innovator is set to merge with Industrial Tech Acquisitions at a valuation of $723 million
Hyundai is the latest carmaker to invest in Israel’s UVeye, joining Toyota, Honda, and Volvo
19.01.21
|
Udi Etsion
The Korean company’s investment of several millions of dollars will bring the total investment by the automakers to $40 million
Aurora Labs sees investors compete to take part in $23 million funding round
22.09.20
|
Meir Orbach
The Israeli autotech company offers easy updates to connected vehicle software, seeks expansion into IoT devices
Israeli innovation in demand for German auto industry‘s next-gen vehicles
28.08.20
|
Allon Sinai
Trade rep to Munich says post-Covid business practices make linking Israeli and German companies easier
Tel Aviv’s busiest road is set to become a staging ground for autotech experiments
23.06.20
|
Tomer Hadar
Ayalon freeway to pilot smart transportation solutions with companies who can’t conduct trials abroad
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