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Thursday, November 10, 2022
Tel Aviv, Israel
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The Leading Data Source on Israel's High-Tech Industry since 1997
 Multinationals  Investors  High-Tech Companies
469 3,070 9,547
 
# of Unicorns Capital Raised in 2022 by Private Companies ($m)
90 14,542
 
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*New Additions to IVC Database This Week
 Financing Rounds  Investors High-Tech Companies
20 7 16
Selected (*) Recent Database Additions & Activity (November 4 - November 10)

(*) 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 (November 4 - November 10)

Island raises additional $60M funding for its secure enterprise browser
Georgian’s investment extends the company’s previously announced Series B funding round in March that raised $115 million led by Insight Partners, bringing the company’s valuation to $1.3 billion.

(Source: SiliconANGLE, November 10, 2022)


“It is an excellent time to build young companies and an excellent time to invest in new companies”
Ahead of the Calcalist and Poalim Hi-Tech roadshow event, we asked some of the 24 investors who will participate in the event to estimate what the coming year will look like for early-stage high-tech companies.

(Source: CTech, November 10, 2022)

Meta downsizing reaches Israel​
The layoffs are expected to affect between 50 and 100 of the company's 900 local employees. affect between 50 and 100 of the company's 900 local employees.

(Source: Globes, November 9, 2022)

Porsche Digital expands in Israel
German car maker Porsche's technology unit is boosting the  cybersecurity and startup investment activity of its Tel Aviv office.

(Source: Globes, November 9, 2022)

Intel Ignite announces seventh cohort in Tel Aviv
The cohort includes 10 startups from more than 200 applicants in a variety of tech industries.

(Source: CTech, November 9, 2022)

Index Ventures stepping up investments in Israel
The European venture capital firm, which has appointed a Partner based in Tel Aviv for the first time, has invested in the likes of Wiz, Fireblocks, and Gong in the past.

(Source: CTech, November 9, 2022)

Nanotech startup Gauzy targeting $600 million Nasdaq IPO
The Israeli company, which develops smart glass technologies, plans to raise $150 million by going public in the first quarter of 2023.

(Source: CTech, November 9, 2022)

Cato Networks achieves Centaur status after reaching $100 million in ARR
The cybersecurity unicorn grew from $1 million to $100 million in just five years and said its SASE Cloud has been adopted by over 1,500 enterprise customers.

(Source: CTech, November 8, 2022)

Papaya Global Reaches Another Peak with Inclusion in CNBC's Inaugural Top Startups for the Enterprise
The recognition by the business media giant validates the global payroll company's commitment to exponential growth and changing the work tech landscape.

(Source: PR Newswire, November 7, 2022)

Unity and IronSource’s $4.4B merger is now complete
Unity, which is best known for its eponymous general purpose game engine, and IronSource, an adtech company that serves developers with tools for integrating ads, cross-channel marketing, and more, first announced plans to join forces in a $4.4 billion all-stock deal back in July.

(Source: TechCrunch, November 7, 2022)

Survey: One in three Israeli startups has laid off employees in 2022
New data shows half of the startups have frozen hirings, while workers seek stable companies, but won’t lower salary expectations. How can the storm be weathered?

(Source: CTech, November 6, 2022)

"Good things are happening": Abraham Accords two years on
An expert panel at the Globes Israel Business Conference looked at regional implications of business ties with the Abraham Accords countries.

(Source: Globes, November 6, 2022)

Israeli cybersecurity co Apiiro raises $100m
The Tel Aviv-based company's solution identifies risks and weaknesses in the code of cloud-based applications at the development stage and when they are released.

(Source: Globes, November 4, 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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Israel Tech Related New Appointments/Positions (November 2022)

CEVA, Inc. Announces CEO Transition Plan
(Source: PR Newswire, November 3, 2022)


Noa Greenfield appointed as VP of Brand & Communication of Bookaway Group
(Source: CTech, November 8, 2022)


Gideon Shmuel appointed as new CEO of Supersmart
(Source: CTech, November 7, 2022)


GuardKnox Expands Executive Team, Names New CRO and CTO
(Source: PR Newswire, November 3, 2022)


BlueWind Medical Announces New Executive Appointments BlueWind Medical
(Source: PR Newswire, November 1, 2022)
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Recently Published Insights, Reports and Posts by IVC (2020-November 2022)
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Upcoming Israeli High-Tech Events & Webinars (November 2022-March 2023)
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IVC Updates & Contact Information
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