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Microsoft offers buyouts to 60,000 workers but says layoffs remain an option

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Intel’s $2.3 billion Classiq deal follows years of personal investment by Lip-Bu Tan

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Insolvency

20 stories about Insolvency

OpenWeb struggles to pay employees and suppliers as rescue hangs in the balance

13.10.26|Meir Orbach

Liquidity Capital has collected $9.6 million against a roughly $20 million debt, prompting the company’s trustee to seek a halt to collections as Insight Partners, Georgian and other investors consider fresh funding.

OpenWeb placed under temporary trustee as former $1.5 billion unicorn fights for survival

04.10.26|Meir Orbach

The court appointed Adv. Ehud Gindes after the company’s dispute with its primary lender escalated over approximately $20 million in secured debt.

OpenWeb came close to a deal that could have saved it. Then the talks collapsed

04.10.26|Meir Orbach

A proposed agreement would have given the Israeli company access to frozen funds and bought it time to restructure, but the deal was never signed as the standoff with its lender intensified.

OpenWeb placed under temporary receivership over $20 million debt

30.09.26|Meir Orbach

The District Court ordered the immediate appointment of a temporary receiver following a request from lender Mars Growth Capital to enforce its liens.

How OpenWeb went from a $1.5 billion unicorn to seeking insolvency protection

29.09.26|CTech

The Israeli startup raised nearly $400 million and spent $260 million on acquisitions as it expanded from comment moderation into advertising and audience monetization. Now it is fighting for time to restructure.

OpenWeb seeks insolvency protection as former Israeli unicorn faces cash-flow crisis

28.09.26|Meir Orbach

The company says a lender's seizure of $7.3 million in overseas bank accounts derailed a planned $14 million capital injection.

AI startup developing stroke detection technology seeks court protection

12.07.26|Lital Dobrovitzky

CardioKol says it ran out of funding before it could launch commercial pilots, despite building patented technology and a large clinical database.

AI infrastructure startup SQream heads for sale after collapsing under heavy debt

25.05.26|Lital Dobrovitzky

The company, which develops GPU-based data processing technology, accumulated losses of more than $100 million.

מגזין עצמאות 4.5.22 עמי גל מנכל ושותף מייסד SQREAM

AI infrastructure firm SQream enters insolvency process as losses top $100 million

18.05.26|Lital Dobrovitzky

Court filing details debts across wages, taxes, rent, and royalties.

מימין אראל מרגלית מייסד ויו"ר JVP ו גיל בקר מנכ"ל נשיא אניקליפ

AnyClip enters insolvency proceedings amid advertising market turmoil

06.05.26|Lital Dobrovitzky

The Israeli video tech firm with $77 million raised faces $11 million debt crisis.

$27M later, food-tech startup InnovoPro enters insolvency proceedings

30.07.25| Lital Dobrovitsky

Israeli company behind chickpea protein concentrate unable to continue operations.

Selina Israel seeks liquidation after parent company's asset sale

05.03.25|Lital Dobrovitzky

Singaporean buyer shows no interest in Israeli operations, leaving the company leaderless and insolvent.

Cybersecurity startup NanoLock collapses, seeks court-appointed trustee

06.02.25|Meir Orbach

The Israeli firm, once backed by $27 million in funding, cites war-related financial strain and cash flow crisis as it halts operations.

דיונס טשלר משה שליסל ו עידן יניב GuardKnox גארדנוקס

GuardKnox collapses after raising $60 million, blames war for lost funding

30.01.25|Meir Orbach

The auto-cybersecurity company files for insolvency after investors withdrew $30 million in planned funding.

Selina Israel ceases operations after global hospitality chain crumbles

15.09.24|Amir Perger

The collapse of the once-promising brand leaves a trail of unpaid debts and abandoned hotels across Israel.

מימין רפי מוסרי ו דניאל רודסבסקי מייסדי סלינה

Checked out: Selina's global hostel empire sold off after unicorn's dreams unravel

27.08.24|Viki Auslender

Once a darling of digital nomads, reaching a valuation of $1.2 billion, Selina is stripped of its assets as investors lose faith.

בני לנדא יו"ר קבוצת לנדא לשעבר מייסד אינדיגו

Lusix employees get a reprieve as Landa and shareholders infuse fresh capital

23.08.24|Golan Hazani

The founder apologized for hardships and vowed to prioritize workers' welfare after the synthetic diamond company requested a stay of proceedings due to debts of around $28 million.

Grounded: Billionaires duped out of millions in private jet sting

06.08.24|Golan Hazani

A long list of Israel's wealthiest and top business people each deposited a million shekels with Yaniv Salmon in exchange for the opportunity to fly abroad on a private plane at any time. Now it turns out that Salmon accumulated huge debts and allegedly used the money deposited in his hands to cover them, leaving the billionaires without a plane and without their money.

Selina Hospitality files for administration, to be delisted from Nasdaq

22.07.24|Sophie Shulman

The hospitality chain has lost 99.5% of its value since going public at a $1.2 billion valuation in December 2021, currently having a market cap of just $20 million.

Selina: The end? Hospitality chain facing insolvency after defaulting on loan

21.07.24|Sophie Shulman

The hospitality chain has lost 99.5% of its value since going public, currently having a market cap of just $25 million. It is set to soon be delisted from Nasdaq after repeatedly failing to meet the exchange’s deadlines.