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24/7
Headlines
12:35
CISOs to pour 2026 budgets into AI as cybersecurity priorities shift
11:15
“Basic AI capabilities have become a commodity, so the most significant opportunity has shifted toward Vertical AI”
11:06
Mapping Israel’s AI infrastructure opportunity
10:30
Chinese billionaire poised to acquire Netafim in $1.4 billion deal
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1
Israel signs $130 million deal with Elbit to outfit next-generation helicopters
2
IBM invests in Israeli startup Anima to bring “vibe coding” into the enterprise
3
Ilya Sutskever’s Safe Superintelligence engineer walks away to fix what AI breaks
4
Fundamental exits stealth as $1.2 billion unicorn, armed with $255 million for tabular AI
5
Israeli startup raises $6.2 million to turn social media video into intelligence
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Meir Orbach
20 stories about Meir Orbach
Delinea acquires cyber startup Authomize for several tens of millions of dollars
09.01.24
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Meir Orbach
Authomize employs 38 people who will join Delinea and form the base of its R&D center in Israel
Insurtech startup DigitalOwl raises $12 million from insurance giant RGA
09.01.24
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Meir Orbach
The Israeli startup's platform provides automated reading, summarization, and analysis of medical records for insurance companies and lawyers, providing real-time, highly accurate assistance in their underwriting, claims settlement, and fraud prevention processes
Cancer care startup C2i Genomics acquired by Veracyte for up to $95 million
08.01.24
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Meir Orbach
The Israeli company, which has developed a test platform using whole-genome tumor sequencing, had previously raised $112 million
UAE-based Technology Innovation Institute to open Israeli AI/IR Research Center headed by Yoelle Maarek
08.01.24
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Meir Orbach
“I am opening in Haifa, Israel, an AI/IR Research Center for the Technology Innovation Institute (TII). TII is the UAE-based institute that invented Falcon, one of the leading open-source Large Language Models,” Maarek wrote on LinkedIn. “We will work on some of the most interesting challenges in AI and at the same time contribute to the vision of scientific collaboration articulated in the Abraham Accords.”
Frictionless retail startup Trigo laying off 15% of team
04.01.24
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Meir Orbach
The computer vision company that develops infrastructure for autonomous retail stores and retail analytics is cutting 30 jobs
Foodtech startup Imagindairy receives FDA approval for animal-free milk proteins
04.01.24
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Meir Orbach
Imagindairy creates animal-free milk proteins from microorganisms via proprietary precision-fermentation technology that allows the production of a broad spectrum of dairy analogs, from raw milk to cheese, without involving animals
Aqua Security raises $60 million at over $1 billion valuation
03.01.24
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Meir Orbach
The cyber unicorn, which has now raised $325 million since its founding in 2015, said the new funding is an extension of its Series E from March 2021
Dramatic drop in Seed funding doesn't bode well for future of Israeli tech
03.01.24
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Meir Orbach
According to data from Start-Up Nation Policy Institute (SNPI), Israeli startups raised $7.3 billion in 2023, the lowest since 2018 and a 60% decrease from 2022. There was also a 50% decrease in the number of companies who raised a Seed round compared to 2022
Cyber unicorn Orca Security laying off 15% of workforce
03.01.24
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Meir Orbach
Orca, which has raised $640 million to date and was last valued at $1.8 billion, is parting ways with around 60 employees
Israeli startups raise $1.45 billion in Q4 despite war, end 2023 with $6.9 billion in total
28.12.23
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Meir Orbach
The fundraising activity in 2023 was similar to 2018-2019. The data reflects a 44% decrease in the number of deals and a 56% drop in the amount of raised capital compared to 2022
Mend.io acquires cyber startup Atom Security
24.12.23
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Meir Orbach
The previously bootstrapped Atom Security was founded earlier this year and the acquisition is valued at several million dollars. This marks Mend's fifth acquisition in the last three years, totaling tens of millions of dollars
Dr. Anat Bonshtein appointed as partner at Mobilion Ventures
24.12.23
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Meir Orbach
Dr. Bonshtein previously served as the director of the National Program for Smart Transportation and Fuel Alternatives in the Prime Minister's Office
Nvidia donates $15 million to non-profits amidst war
24.12.23
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Meir Orbach
Thousands of employees from 30 different countries donated $5 million, an amount that was tripled by Nvidia with an additional $10 million donation
Construction giant Lennar acquires full control of former proptech unicorn Veev
21.12.23
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Meir Orbach
Veev, valued at $1 billion in March 2022, recently entered insolvency in the United States due to an inability to meet financial obligations to suppliers and employees under California state laws
AnGes laying off 110 EmendoBio employees three years after $250 million acquisition
20.12.23
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Meir Orbach
The Japanese pharma company notified the employees of the Israeli firm that they are being fired and the future of the company's technology is unclear at this point
OurCrowd announces $50 million Israel Resilience Fund with eight initial investments
20.12.23
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Meir Orbach
The fund has so far received more than $13 million in capital commitments, and approved the first eight investments from the fund, including to BlueTree, Carrar, Edgybees, and Verobotics
Funding troubles plaguing both veteran and young Israeli startups
20.12.23
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Meir Orbach
According to the Start-Up Nation Policy Institute, older startups (established before 2017) and those that raised significant amounts before the war are also having problems raising capital
ScaleOps raises $15 million Series A to automate cloud resource management
19.12.23
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Meir Orbach
The Israeli startup’s fully-automated platform continuously optimizes and manages cloud-native resources during runtime
Early-stage startups facing extreme difficulty raising funds, says Israel Innovation Authority
19.12.23
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Meir Orbach
According to a survey conducted in the past month among 500 entrepreneurs, around half of early-stage Israeli startups have enough money for just six more months of operations
Okta acquiring cybersecurity startup Spera for over $100 million
19.12.23
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Meir Orbach
The American identity and access management giant is making its first purchase in Israel. Spera, which raised $10 million in Seed funding earlier this year, has developed a solution to provide end-to-end identity attack surface management, risk reduction and identity threat prevention, detection, and response
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