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Thursday, October 27, 2022
Tel Aviv, Israel
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IVC Database 14 Days Free Access
 
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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
471 3,061 9,526
 
# of Unicorns Capital Raised in 2022 by Private Companies ($m)
90 13,255
 
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*New Additions to IVC Database This Week
 Financing Rounds  Investors High-Tech Companies
11 10 14
Selected (*) Recent Database Additions & Activity (October 21 - October 27)
  • Mobileye (IPO, Nasdaq, $16.7b Valuation) 

(*) 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 (October 21 - October 27)

Israeli companies and global giants join forces to “reach net zero”
The mission was announced by The Movement by Good Company together with AB InBev, Continental, Ashtrom, Bridges Israel, SAP, KPMG, BCLP, and LeumiTech.

(Source: CTech, October 27, 2022)

Moneta Venture Capital raises $120 million for new fintech and insurtech fund
The fund has invested in over 30 ventures to date, including: Railsbank, Panorays, TipRanks, Insurify, Rewire, Atidot and Human API.

(Source: CTech, October 26, 2022)

Israeli store digitalization co Trigo raises $100m
The company tech-powers grocery stores with market leading frictionless checkout and digitized operations.

(Source: Globes, October 26, 2022)

Square Peg Capital closes $550M fund for Southeast Asia, Australia and Israel
The firm announced today that it has closed its fifth fund totaling $550 million. This brings its total raised across all funds to about $1.6 billion.

(Source: TechCrunch, October 26, 2022)

Mobileye goes public at $16.7 billion valuation
Intel's Israeli self-driving car unit, which raised $861 million, was targeting a $50 billion valuation earlier this year before the rout in tech compelled it to stomach a lower valuation.

(Source: CTech, October 26, 2022)

Vesttoo valuation more than triples to $1 billion after latest funding
Vesttoo Ltd said on Tuesday its valuation has more than tripled to $1 billion after the insurance risk transfer platform secured $80 million in late-stage funding at a difficult time for private companies to raise capital.

(Source: Reuters, October 25, 2022)

The Tel-Aviv Stock Exchange (TASE) Presents Today: New Strategy for the Years 2023-2027
Accelerating the development and expansion of Core Business, Developing Digital Assets and Crypto Markets; Increasing Engagement with End Customers and the Public; Exploring Technology Sales as a New Business Line.

(Source: PR Newswire, October 24, 2022)

Third Point Ventures opens office in Tel Aviv
TPV has made six investments in Israel since 2015, including SentinelOne, Verbit, Next Silicon, Trullion, and Forter.

(Source: CTech, October 24, 2022)

Google University: Tech giant to open high-tech course at Israeli college
Reichman University school, funded mostly by tech-giant, to offer training to non-represented sectors of Israeli society, including Arabs and ultra-Orthodox Jews, as well as the Ethiopian community in Israel.

(Source: Ynetnews, October 24, 2022)

IVC-Leumitech: Startup raising down 55% in Q3
IVC-Leumitech cautions that investments in Israeli startups will continue to fall in the fourth quarter of 2022.

(Source: Globes, October 23, 2022)


Cybereason Explores Sale After Scrapped IPO, Layoffs: Report
Cybereason has reportedly hired JPMorgan Chase to find a buyer because of slowed growth and a hot security acquisition market.

(Source: CRN, October 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.
IVC on Israeli & Global Media (October 2022)

Startup Nation Badly Hit By Global Slump
​Israel’s hi-tech companies raised just $2.6 billion in the three months to the 30th of September – less than half the amount in the same period last year.

(Source: NoCamels, October 23, 2022)


Israel Tech Investment Sinks in 2022, Hot Fintech Sector Cools
According to LeumiTech’s periodic report, in the first nine months of 2022, Israeli Tech companies raised $12.3 billion or 30% less than in the same period last year for 538 deals.

(Source: Crowdfund Insider, October 23, 2022)


New report on Israeli startups raising capital: some disappointing numbers with a hint of better days to come
A new report presents a relatively bleak picture regarding raising capital within the ecosystem, especially compared to last year. But not everything is as dark as it may seem.

(Source: Geektime, October 23, 2022)


Investments in Israeli tech down 30% in first three quarters of 2022
In the first nine months of the year, Israeli tech companies raised $12.3 billion, 30% less than in the first three quarters of last year, but still the second-largest amount ever in this period.

(Source: CTech, October 23, 2022)


Investments in Israeli startups drop by 36% in third quarter of 2022 — report
Research shows decrease in funding activity compared to two previous quarters, but companies still are on track to end year with high investment figures.

(Source: The Times of Israel, October 18, 2022)


The Start-Up Nation: A look at the newest technology to hit the scene
HI-TECH AFFAIRS: Where the Start-Up Nation has been and where it’s going.

(Source: The Jerusalem Post, October 7, 2022)


Israeli startups raised $800m in September
Israeli startups have raised $13.5 billion in the first nine months of 2022.

(Source: Globes, October 2, 2022)
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Israel Tech Related New Appointments/Positions (October 2022)
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Recently Published Insights, Reports and Posts by IVC (2020-October 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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