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Thursday, January 5, 2023
Tel Aviv, Israel
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*Currently Available Profiles On IVC-Online
The Leading Data Source on Israel's High-Tech Industry since 1997
 Multinationals  Investors  High-Tech Companies
478 3,123 9,501
 
# of Unicorns Capital Raised in 2022 by Private Companies ($m)
90 15,754
 
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*New Additions to IVC Database This Week
 Financing Rounds  Investors High-Tech Companies
1 2 23
Selected (*) Recent Database Additions & Activity (December 30 - January 5)
  • Gelt (Internet Applications, FinTech)
  • Keyval (DevOps, Open Source)
  • Ballerine (Enterprise Applications, Risk Management)
  • Mikata (Payments, SalesTech)
  • Tailorr (Monetization, PLG)
  • TipRanks Acquires The Fly (US)
  • SolarEdge Acquires Hark Systems (UK)
  • MoonActive Acquires Zen Match (Turkey)
  • VTool Acquires P&C Tech Consultants (UK and India)

(*) Interested to know all the daily updates about the financing rounds, new tech Israeli startups, new VCs and investors and key executives in the Israeli tech ecosystem? 
Email us for annual subscription packages: info@ivc-online.com 
 
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Israeli High-Tech Industry News & Updates (December 30 - January 5)

New National Research Center at Tel Aviv University
Israeli Applied Systems Analysis Center of Excellence (IASACE) to be established.

(Source: The Jerusalem Post, January 5, 2023)

2022’s layoffs were just the promo: The real pain for high-tech is coming in 2023
High-tech companies laid off 7,000 workers in Israel and 100,000 workers in the U.S. last year, but in most companies this was a move designed primarily to please investors. Now comes the real crisis.

(Source: CTech, January 5, 2023)

TipRanks to Acquire Digital Financial News Publisher The Fly
The companies are expecting to close the deal by Q1 2023. In recent months, TipRanks onboarded several big brands as partners.

(Source: Finance Magnates, January 4, 2023)

Year of the reset: As era of cheap money ends, how will Israeli tech fare in 2023?
Israeli tech firms brace for more cost savings, downsizing to get through global slowdown as the strong get stronger and the weak get weaker.

(Source: The Times of Israel, January 3, 2023)

How well did Israel’s cybersecurity industry do in 2022?
In 2022, overall funding for Israeli cybersecurity startups fell by a dramatic 64%, from $8.84 billion in 2021 to $3.22 billion this year, and the number of funding rounds decreased from 135 in 2021 to 94.

(Source: TechCrunch, YL Ventures, January 3, 2023)

Israel to launch national research institute for energy storage
The institute will help work towards reaching Israel's goal of zero greenhouse gas emissions by 2050 – a goal established in light of the ongoing climate crisis.

(Source: The Jerusalem Post, January 3, 2023)

A growing trend: Israeli tech companies’ HQ’s migrating to the US
In recent years, there has been a trend of Israeli tech companies relocating their headquarters, center of operations, and C-suite executives to the United States. While this transition presents a variety of challenges, it also offers a host of benefits that can significantly improve the chances of commercial success for these companies.

(Source: The Jerusalem Post, January 3, 2023)

Only half of Israel’s unicorns are still worth $1 billion
According to research by venture capital fund Viola, many unicorns haven’t raised new funds in a long time, raising question marks regarding their actual growth rate and technological progress.

(Source: CTech, January 2, 2023)

Israel Innovation Authority making major push to develop quantum computing technologies
The IIA has announced the formation of the largest consortium in its history to develop quantum computing tech with a budget of over $30 million.

(Source: CTech, January 1, 2023)


“Many companies will close, if not this year, then in two years”
“Technology is not going anywhere and is only claiming a bigger part of our world. In the long run, it makes a lot of sense to invest in the good venture capital funds,” added Hamutal Meridor of Vintage Investment Partners.

(Source: CTech, January 1, 2023)

Four Israeli cos expect FDA approvals in 2023
Treatments for blood cancer and rare diseases are the target markets, but investors are well aware of the challenges that await after approval is received.

(Source: Globes, December 29, 2022)
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Israel Tech Related New Appointments/Positions (December 2022 - January 2023)

Hila Lamm to join Innovesta as Co-Founder and Chief Product Officer
(Source: EIN Presswire, January 3, 2022)


Oren Bar-on Adds Further High-Tech Expertise to MCE’s Advisory Board
(Source: Business Wire, January 3, 2022)

Zohar Tadmor-Eilat Joins Cellebrite as Chief People Officer
(Source: GlobeNewswire, January 2, 2023)


Leadspace Taps CFO and CXO Powerhouses for Next Stage of Growth
(Source: MarTech Series, December 21, 2022)

CyberArk Appoints Omer Grossman Global Chief Information Officer
(Source: Business Wire, December 21, 2022)


BeamUp appoints Ran Ziv as new CTO
(Source: CTech, December 21, 2022)
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IVC-LeumiTech Israeli Tech Review Q3/2022 is out now!

In a nutshell: In Q1–Q3/2022, Israeli high-tech companies raised $12.3 billion in 538 deals. In Q3/2022, $2.6 billion were raised in 143 deals. The numbers for the first nine months of 2022 show the extent of the slowdown in almost all parts of the Israeli tech economy, except in early-stage companies.
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Number of M&A high tech exits with Israeli acquirers in Israel 2015-2022

Published by Eyal Lichter, Nov 28, 2022

According to the IVC Research Center, the number of M&A high-tech exits with Israeli acquirers in Israel amounted to 29 as of the third quarter of 2022. In 2021, the total exits reached 59, which was a slight rise compared to the preceding year. Overall, the number of exits increased between 2015 and 2021, with a few fluctuations.
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Recently Published Insights, Reports and Posts by IVC (2021 - January 2023)
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Upcoming Israeli High-Tech Events & Webinars (January - May 2023)
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IVC Updates & Contact Information
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