View on browser, click HERE
|
|
|
|
Thursday, November 24, 2022
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 |
| 474 |
3,091 |
9,587 |
| # of Unicorns |
Capital Raised in 2022 by Private Companies ($m) |
| 90 |
14,923 |
|
|
|
|
*New Additions to IVC Database This Week
|
|
|
|
| Financing Rounds |
Investors |
High-Tech Companies |
| 3 |
14 |
23 |
|
|
|
|
Selected (*) Recent Database Additions & Activity (November 18 - November 24)
- Deel Acquires PayGroup (Australia)
- LSports Acquires PayGroup (Poland)
- AiVF Acquires ART Compass (US)
- MySize Acquires Naiz Fit (Spain)
(*) 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 (November 18 - November 24)
Poalim Hi-Tech CEO: "We are entering a much more challenging period in high-tech" Leading investors and successful entrepreneurs shared their experience with 24 startups, chosen from hundreds, at Calcalist and Poalim Hi-Tech’s annual Roadshow event. Poalim Hi-Tech CEO Michal Kissos Hertzog: "In entrepreneurial activity, a person is forced to meet themselves in the most extreme moments".
(Source: CTech, November 24, 2022)
Check Point Software Launches CyberUp: Israel’s Premier Accelerator Hub for Cybersecurity Start-ups
CyberUp accelerator program will support cybersecurity start-ups by opening market opportunities and developing the local cyber security ecosystem.
(Source: GlobeNeswire, November 23, 2022)
Briefly Israel's most valuable co, Pagaya plunges 97%
In August, the Israeli fintech company was worth over $20 billion but as its share price dips below $1, it is in danger of being delisted.
(Source: Globes, November 23, 2022)
Hub Security Files Amendment to Registration Statement for Its Upcoming $1.28 Billion Nasdaq Listing
If the Israeli court approves the delisting of the Company's shares from the TASE and the Company's shares are approved for listing on Nasdaq, then upon the completion of the merger, the Company's shares are expected to be traded on the Nasdaq (only) without parallel trading.
(Source: PR Newswire, November 22, 2022)
Sheba develops AI healthcare tech with Emirati health-tech company
The collaborators aim to develop AI-driven solutions related to stem cell research programs, infrastructure building and a variety of healthcare fields.
(Source: The Jerusalem Post, November 22, 2022)
High-tech job openings in Israel fall by 30% over eight months
According to CBS data, the information and communication industries, associated with high-tech, experienced a drop from 8.74% of vacant jobs in February to 6.03% in October.
(Source: CTech, November 21, 2022)
Did anyone see the hi-tech layoffs crisis coming?
Some of the largest hi-tech companies in Israel have been cutting their workforce by 10-20% in the past few months.
(Source: The Jerusalem Post, November 19, 2022)
Fund of funds Sweetwood Ventures bets big on VC’s smallest funds
Despite legacy venture capital firms continuing to raise bigger and bigger funds, LPs may have more luck focusing on the small stuff. Amit Kurz, a general partner at Israel-based fund of funds Sweetwood Ventures, thinks so.
(Source: TechCrunch, November 18, 2022)
Palo Alto Networks to Acquire Cider Security, for USD195M
Palo Alto Networks (NASDAQ: PANW), a Santa Clara, CA-based cybersecurity company, acquired Cider Security, a Tel Aviv-Yafo, Israel-based provider of application security (AppSec) and software supply chain security solutions.
(Source: FinSMEs, November 18, 2022)
LaLiga and Colosseum Sport partner to promote sportstech in Israel
Colosseum's program will be launched under the name EXTRAMILE and will provide the entrepreneurs within it with an intensive program with leading mentors in the sports and tech industry.
(Source: CTech, November 17, 2022)
|
|
|
|
| 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.
|
|
|
|
IVC on Israeli & Global Media (November 2022)
Israeli tech in trouble as funding, job openings decline
The nation's growth engine has hit a slowdown marked by layoffs, fewer hiring opportunities, and less investment capital.
(Source: Al Monitor, November 10, 2022)
Six Israeli startups raise $81m
While there has been a slowdown in financing rounds completed by unicorns, earlier stage startups are raising more than ever.
(Source: Globes, November 9, 2022)
Israeli startups raised over $700m in October
Israeli startups have raised $14.2 billion in the first ten months of 2022.
(Source: Globes, November 2, 2022)
|
|
|
|
Israel Tech Related New Appointments/Positions (November 2022)
monday.com Promotes Yoni Osherov as its First Ever Chief Revenue Officer
(Source: Business Wire, November 23, 2022)
Aviad Harell, co-founder of Sisense, joins Team8 as Managing Partner
(Source: CTech, November 23, 2022)
AI data reclamation startup Mine makes 7 senior appointments
(Source: Globes, November 23, 2022)
Raaz Herzberg appointed VP of Product Strategy at Wiz
(Source: CTech, November 23, 2022)
Teva Announces Appointment of Richard Francis as President and CEO
(Source: Teva Pharmaceutical Industries, November 21, 2022)
Battery Ventures appoints Barak Schoster Goihman to lead Israeli office
(Source: CTech, November 16, 2022)
BHI hired Danielle Ofek as head of high tech
(Source: Monitor, November 15, 2022)
|
|
|
|
Recently Published Insights, Reports and Posts by IVC (2020-November 2022)
*New
|
|
|
|
Upcoming Israeli High-Tech Events & Webinars (November 2022-March 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.
|
|
|
|
|
|
|
|
