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New Grok Imagine limits spark user fury: Continues glitch or policy shift?
2
$4.2 billion Zim sale includes rare “pay later” structure
3
“Israel needs significantly more Arrow 3 interceptors”
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ServiceNow invests in Israeli cyber startup Clover Security
5
Eight-month-old Israeli cyber startup Above Security raises $43 million Series A with just 10 employees
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Sophie Shulman

20 stories about Sophie Shulman
צ'ייס קולמן מייסד טייגר גלובל

Tiger Global falls well short of target with new $2.2B fund post global and Israeli investment cutback

02.04.24|Sophie Shulman
Tiger Global was the most active investor in the U.S. and Israel in 2021, but never came close to reaching the $6 billion it hoped to raise for its new fund, suggesting a low appetite among institutional investors for VC investments, compounded by negative experiences with Tiger Global in recent years
מתחם BE ALL חלל עבודה הייטק

Israeli tech sector holds strong, raises billions during war despite uncertainty

02.04.24|Sophie Shulman
Startup Nation Central's report unveils a mixed bag: while investment in Israeli high-tech remains steady at $3.1 billion amid conflict and judicial reform, concerns loom with workforce strain and small exits signaling potential stagnation in the industry's growth.
עובדי חברת רזידנט

Israeli high-tech since the start of the war: $3.1 billion raised and $3.7 billion in M&As

31.03.24|Sophie Shulman
Despite the unprecedented challenges of having about 15% of their workforce drafted into the IDF reserves and the near-complete air blockade on Israel, local startups continue to thrive, according to a report by Startup Nation Central
קו רקיע מרכז תל אביב Tel Aviv Business Center

Israeli high-tech shows signs of recovery with $1.6 billion raised in 105 rounds in Q1 of 2024

28.03.24|Sophie Shulman
The volume of fundraising increased by 10% compared to the fourth quarter of 2023, with the number of rounds registering a 34% jump
אביגדור וילנץ מייסד ויו"ר הבאנה לאבס

Legendary Israeli investor strikes gold again with Astera Labs

27.03.24|Sophie Shulman
Chip company Astera Labs, in which Israeli entrepreneur Avigdor Willenz is a founding investor, has surged since its IPO last week. This exit joins Willenz's string of successes in the world of chips, which began with the sale of Galileo to American company Marvell for $2.7 billion in 2000 and continued with the sale of Annapurna to Amazon for $360 million in 2015 and the sale of Habana Labs to Intel for $2 billion in 2019.
גזירת סרט קמפוס מובילאיי מימין רעיית הנשיא מיכל הרצוג כבוד נשיא המדינה מר יצחק הרצוג נשיא ומנכ"ל מובילאיי פרופסור אמנון שעשוע וראש העיר ירושלים משה ליאון

128,000 square meters, a hair salon and a basketball court: Mobileye opens new Jerusalem headquarters

27.03.24|Sophie Shulman
2,700 Mobileye employees in Jerusalem are moving to the company's new campus, which in addition to the usual high-tech perks such as a gym, will also include a convenience store, running track, service points for leasing vehicles, and nursing rooms
ביל אקמן

Bill Ackman: “The TASE is a royalty on the growth of Startup Nation available at a bargain price”

27.03.24|Sophie Shulman
The hedge fund legend noted that he invested in the Tel Aviv Stock Exchange earlier this year because he thought “it was a good investment with the added benefit of supporting Israel at a challenging time for the country”
מפעל אורבוטק ביבנה

How Apple and US-China tensions ultimately led to the closure of a division at Orbotech

20.03.24|Sophie Shulman
Five years after its acquisition by U.S. company KLA, the flat panel display division at Orbotech is set to be closed, with the initial number of 100 layoffs expected to double by the end of the year
Mobileye Car

Volkswagen to integrate Mobileye systems in new Audi, Bentley, Lamborghini and Porsche models

20.03.24|Sophie Shulman
Mobileye will provide technologies for partially and highly automated driving based on its SuperVision and Chauffeur platforms
מגזין נדלן מרץ 2023 מגדל עזריאלי שרונה תל אביב

Israeli VC fundraising hits 10-year low after 73% plunge in 2023

20.03.24|Sophie Shulman
Despite the fundraising slowdown and reduced investments in new companies, Israeli funds still sit on a substantial $10 billion, with $2.38 billion earmarked for new investments and $7.7 billion reserved for existing portfolio companies
מפעל אורבוטק ביבנה

Orbotech laying off over 100 employees after closing flat panel display division

19.03.24|Sophie Shulman
The Israeli company is a subsidiary of KLA Corporation after being acquired for $3.4 billion five years ago
מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

Mobileye still searching for light at the end of the tunnel despite layoffs

19.03.24|Sophie Shulman
The autonomous vehicle company laid off 130 people after closing its aftermarket division
וול סטריט שנה חדשה

Why are Israeli tech stocks lagging behind Nasdaq?

18.03.24|Sophie Shulman
An index built by venture capital fund Viola Group, which includes Israeli high-tech companies issued in the US in the last decade, reveals that despite impressive growth rates and stringent expense management, Israeli public companies are undervalued in the market, presenting a distinctive opportunity
הנפקת אודיטי בנאסד"ק oddity

Tech firms dash for cash before Wall Street party ends

17.03.24|Sophie Shulman
The Nasdaq index has already produced a return of 8.2% since the beginning of 2024 and some companies are rushing to cash in with secondary IPOs
מוסף שבועי 14.3.24 רונן ניר במשרדי קרן PSG בתל אביב

Why Israeli tech needs to look beyond fundraising as the sole measure of success

14.03.24|Sophie Shulman
Israeli tech veteran Ronen Nir explains why it's time to stop measuring the state of the tech industry by the amount of capital raised and to start looking at the number of employees and revenues instead
רזידנט חברת מזרנים מקוונת

US furniture giant Ashley Home to pay $1 billion to acquire online mattress platform Resident

13.03.24|Sophie Shulman
The Israeli-founded Resident, a leading digital retailer and wholesaler of mattresses and bedding accessories, is estimated to have registered revenue of $900 million in 2023
מימין ניר בצלאל מנכ"ל Moovit ניר ארז נשיא Moovit

Nir Erez stepping down as Moovit CEO after 13 years

07.03.24|Sophie Shulman
Erez, who headed the company since its founding and through its $1 billion acquisition by Intel, will transition to the role of President and advisor to new CEO Nir Bezalel
ועידת ניו יורק - רנדי צוקרברג מנכ"לית Hug ו צוקרברג מדיה ו גיא פרנקלין מייסד ושותף כללי בIsraeli Mapped in NY Ventures

Randi Zuckerberg: “This is a great time to be encouraging people to make their first Seed or angel investment in an Israeli company”

05.03.24|Sophie Shulman
“There is really a huge opportunity right now to take the vibrant community that we have in New York and form strategic partnerships and alliances with the vibrant community in Israel,” added Zuckerberg, CEO of HUG and Zuckerberg Media

Bank Leumi CEO: "After the war, more than ever before, high-tech will be the engine of Israel's reconstruction"

04.03.24|Sophie Shulman
Hanan Friedman said at Calcalist and Bank Leumi's Mind the Tech conference that "Israeli high-tech will become even more creative and more groundbreaking, as a result of the events we experienced. The source of Israeli innovation, which gave rise to the Startup Nation, generates from the Israeli security forces."
מייסד אאוטבריין ירון גלאי

Yaron Galai stepping down as Outbrain CEO after 17 years amid disappointing financial results

29.02.24|Sophie Shulman
The co-founder will continue as Chairman of the Board and advisor to the company, with David Kostman, who joined as co-CEO in 2017, to assume the role of sole CEO
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