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Israeli defense firms target Asia as Singapore Airshow opens amid regional arms race
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Chinese fund: “The Chinese government has imposed a ban on any new investment in Israel”
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Israeli startup raises $6.2 million to turn social media video into intelligence
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Cyera employees to sell tens of millions in shares at $9 billion valuation
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Medtronic to acquire Israeli AI cardiology firm CathWorks for $585 million, deal could reach $1 billion
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Downround

2 stories about Downround
פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

Snyk losses surged to $267 million in 2022 despite 157% increase in revenue

02.10.23|Allon Sinai
The cybersecurity startup ended the year with total cash balances of $523.3 million after raising $196.5 million in a Series G downround last December at a valuation of $7.4 billion
פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

"In 2023 many high-tech companies will significantly decrease in value"

14.12.22|Meir Orbach
After the layoffs, local high-tech is preparing for a wave of declines in company valuations, similar to the trend in the U.S. Israeli-American cyber unicorn Snyk revealed its value fell by 12% when it raised $196 million this week