View on browser, click HERE
|
|
|
|
Thursday, February 2, 2023
Tel Aviv, Israel
|
|
|
|
IVC Database 14 Days Free Access
Click here and we'll get back to you as soon as we can with your personal credentials.
Get to know IVC first hand today!
|
|
|
|
*Currently Available Profiles On IVC-Online
The Leading Data Source on Israel's High-Tech Industry since 1997
|
|
|
|
| Multinationals |
Investors |
High-Tech Companies |
| 483 |
3,157 |
9,445 |
| # of Unicorns |
Capital Raised in 2023 by Private Companies ($m) |
| 90 |
456 |
|
|
|
|
*New Additions to IVC Database This Week
|
|
|
|
| Financing Rounds |
Investors |
High-Tech Companies |
| 8 |
13 |
14 |
|
|
|
|
Selected (*) Recent Database Additions & Activity (January 27 - February 2)
- NT-Tao ($22m, Series A, Led by DK Innovation)
- Addressable ($7.5m, Seed, led by Fabric Ventures and Viola Ventures)
- Sentra ($30mSentra, Series A, Led by Standard Investments)
- Hypernative ($9m, Seed, led by IBI Tech Fund and Boldstart)
- HighLander ($14m, Series A, led by Edge Group)
- UpStay (Acquired by Plusgrade)
(*) 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
|
|
|
|
Israeli High-Tech Industry News & Updates (January 27 - February 2)
Gem Security wants to secure your cloud infrastructure, raises $11M
Gem Security, a New York- and Tel Aviv-based startup that is building a cloud threat detection, investigation and response (TDIR) platform, is coming out of stealth today and announced an $11 million seed funding round led by Team8.
(Source: TechCrunch, February 1, 2023)
NT-Tao Raises $22M Series A to Ensure a Secure, Clean Energy Future with a Compact and Scalable Nuclear Fusion Solution
With $28M total funding and a unique breakthrough in plasma technology that will unlock 1000x higher density than other leading solutions under development, the company is expediting the global drive toward commercializing nuclear fusion energy.
(Source: PR Newswire, February 1, 2023)
Canadian traveltech firm buys Israeli hotel upgrade startup UpStay, opens R&D center
Upstay’s system uses AI algorithms to send hotel guests personalized offers for upgrades; Canada’s Plusgrade says it plans to hire an additional 30 people for Israeli R&D center.
(Source: The Times of Israel, January 31, 2023)
Elron Ventures launches CyberFuture alliance to bring CISOs and entrepreneurs together
The alliance aims to empower security practitioners to vet and influence investment decisions, as well as support the selected early-stage companies.
(Source: CTech, January 31, 2023)
High-tech startups blocking secondary deals to save face and valuation
Tech employees got used to exercising options in secondary transactions during the good years, but now they are increasingly facing a refusal from their companies who fear that such deals will reveal the drop in their valuation and also bring in unwanted shareholders.
(Source: CTech, January 31, 2023)
Sentra raises $30M to streamline data securely across the public cloud
The company today announced it has raised $30 million as part of a series A funding round led by Standard Investments.
(Source: Venturebeat, January 31, 2023)
Alan Feld: Israel's tech sector barometer
In 2021, Vintage managing partner Alan Feld saw the crisis coming and did the opposite of most of his venture capital colleagues by halting investments and selling shares.
(Source: Globes, January 29, 2023)
Women constitute only a third of high-tech employees in Israel
A new report by Power in Diversity also showed that Arabs and ultra-Orthodox, which make up over 33% of the total population, only account for a total of 0.6% of high-tech employees.
(Source: CTech, January 29, 2023)
Fiona Darmon leaving JVP to set up new investment fund
“I have a dream to do something that will be big and that I will create myself. Precisely because of the upheaval currently taking place in the global economy, there is now a possibility to do new things,” said Darmon.
(Source: CTech, January 29, 2023)
|
|
|
|
IVC on Israeli & Global Media (January-February 2023)
Hi-tech investments in Israel see 42% drop in 2022
A recent hi-tech report from IVC, LeumiTech reveals 42% drop in hi-tech investments in Israel in 2022 compared to 2021.
(Source: The Jerusalem Post, February 1, 2023)
Israeli startups raised $340m in January
This was the lowest monthly amount raised by Israeli privately-held tech companies for several years.
(Source: Globes, February 1, 2023)
“Our main focus in Israel is to help underrepresented groups, specifically female founders”
“We conducted a research together with IVC and found that the number of female founders is less than 15%," said Yuval Passov, Head of Google for Startups Israel, speaking to CTech at the Power in Diversity event on Sunday.
(Source: CTech, January 31, 2023)
Cybersecurity hit most as tech investment plunged in 2022
Start-Up Nation Central (SNC) and IVC Research - Leumitech have summarized the sharp downward trend in startup financing rounds in Israel in 2022, especially in the second half of the year.
(Source: Globes, January 11, 2023)
Israeli tech exits slump 54% to lowest level since 2014 amid market downturn
2022 saw 120 completed IPOs or M&As with a total value of $20.6 billion, down from 261 exits with a total value of $23.6 billion in 2021, according to annual IVC-LeumiTech report.
(Source: The Times of Israel, January 10, 2023)
Sober awakening for Israeli high-tech amid depleted funding
According to one report, total investments in high-tech, which reached $27.6 billion in 2021, decreased by 44% to $15.5 billion in 2022.
(Source: Israel Hayom, January 10, 2023)
Investments in Israeli startups plummeted 42% in 2022, cybersecurity hit hardest According to reports released by Start-Up Nation Central (SNC), SNPI, IVC, and LeumiTech, the total volume of investment in 2022 dropped from an unprecedented $27 billion in 2021 to $15.5 billion in the past year.
(Source: CTech, January 10, 2023)
|
|
|
|
| IVC-LeumiTech Israeli Tech Review 2022 is published
The bottom line...
In 2022, Israeli high-tech companies raised $14.95 billion in 663 deals. In Q4/2022, $2.02 billion were raised in 121 deals. The outcome of the investment activity in 2022 supports the perception of a slowdown, with a drop of more than 40% from the amounts raised in 2021.
|
|
|
|
Israel Tech Related New Appointments/Positions (January-February 2023)
Payoneer Strengthens Organization With New Executive Hires
(Source: Businesswire, January 30, 2023)
Pentera Promotes Four Members to VP Leadership Positions
(Source: PR Newswire, January 25, 2023)
Carl-Peter Forster, previous board member of Volvo Cars, joins StoreDot as Chairman
(Source: Business Transformation, January 24, 2023)
Cloud Visionary, CSPM Pioneer Chen Burshan Joins Skyhawk Security as CEO
(Source: GlobeNewswire, January 24, 2023)
|
|
|
|
Recently Published Insights, Reports and Posts by IVC (2021 - February 2023)
*New
|
|
|
|
Upcoming Israeli High-Tech Events & Webinars (February - June 2023)
*New
|
|
|
|
IVC Updates & Contact Information
*New
|
|
|
|
IVC is proud to be cooperating with the following organizations and events:
|
|
|
|
Email me directly to request 14 days free access to our online resources or to schedule Zoom meeting for a full demo of the online platform and the Analytics tools (for paying subscribers).
|
|
|
|
Did someone share this with you? If so, you can subscribe here.
For previous editions, click here.
|
|
|
|
|
|
|
|
