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Thursday, July 7, 2022
Tel Aviv, Israel
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IVC Database 14 Days Free Access
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Get to know IVC first hand today!
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*Currently Available Profiles On IVC-Online
The Leading Data Source on Israel's High-Tech Industry since 1997
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| Multinationals |
Investors |
High-Tech Companies |
| 460 |
2,934 |
9,401 |
| Number of Unicorns |
Capital Raised in 2022 by Private Companies ($m) |
| 87 |
9,987 |
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*New Additions to IVC Database This Week
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| Financing Rounds |
Investors |
High-Tech Companies |
| 10 |
21 |
21 |
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Selected (*) Recent Database Additions & Activity (July 1 - July 7)
- CyberBee (Industrial Technologies, GPS)
- Smip (Cyber Security, Monitoring)
- amplifAir (Enterprise Applications, Insurtech)
- sheKnows (Digital Health, FemTech)
- ForeScout Acquires Cysiv (US)
- Taboola Acquires Yusp by Gravity R&D (Hungary)
- Amdocs Acquires MYCOM OSI (US)
- Verbit Acquires U.S. Captioning Company (US)
(*) 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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| IVC, Arnon Segev & Co. and Consiglieri are proud to present the first Israeli Institutional Investors’ Tech Investments Report for the year 2021. With key insight provided by The Israel Innovation Authority.
In 2021, Israeli institutional investors increased their allocation to the Israeli start-up scene, for the first time in decades. Astoundingly, the capital allocated to the Israeli tech start-up sector in 2021 increased 6.5-fold and is estimated at $864m, compared with just $134m in 2020.
Read and download the report here
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Aurora Labs raises $63 Million in Series C Financing to bring AI to the Software-Defined Vehicle
Aurora Labs, founded in 2016 by Zohar Fox (CEO) and Ori Lederman (COO), announced today that it has secured $63 million through a Series C financing round led by Moore Strategic Ventures (“MSV”).
(Source: Business Wire, July 7, 2022)
Tech slowdown spooks Israel's office market
Some companies are reluctant to sign new leases, but realtors are confident that all the new towers in and around Tel Aviv will find tenants.
(Source: Globes, July 7, 2022)
Full list of Israeli high-tech layoffs in 2022
The financial crisis is taking its toll on Israeli high-tech, with numerous companies parting ways with significant portions of their workforce.
(Source: CTech, July 7, 2022)
IBM Aims to Capture Growing Market Opportunity for Data Observability with Databand.ai Acquisition
Acquisition helps enterprises catch "bad data" at the source
(Source: PR Newswire, July 6, 2022)
"Within 5 years there will be a shortage of 100,000 high-tech employees"
The Israeli government’s High-Tech Human Capital Committee, headed by Dadi Perlmutter, released its conclusions in which it outlined a path for doubling the number of tech employees.
(Source: CTech, July 6, 2022)
Verbit lays off 60, Bizzabo lays off 120
Two more Israeli unicorns are downsizing their workforces as emphasis shifts from growth to profitability.
(Source: Globes, July 6, 2022)
eToro laying off 100 employees, officially announces termination of SPAC
The trading platform is currently in advanced negotiations for a private funding round for between $800 million and $1 billion, at a $5 billion valuation.
(Source: CTech, July 5, 2022)
TikTok targets Israel's tech sector
TikTok programs for startups and venture capital funds are being launched in Israel to help managers and marketers use the video hosting service to promote their needs.
(Source: Globes, July 5, 2022)
Volvo Group Venture Capital makes strategic investment in Optibus to advance bus electrification and industry digitalization
The investment supports key software infrastructure for achieving sustainable, digital bus operations.
(Source: Optibus, July 5, 2022)
F2 Venture Capital raises $250 million for early-stage investments
The Tel Aviv-based VC firm has raised its third seed fund of $150 million for Israeli founders, as well as another $100 million fund to continue backing existing portfolio companies.
(Source: CTech, July 5, 2022)
Israel earmarks over $1 million for academic research into new food technologies Ministries of agriculture, and innovation, science and technology put together budget to support over a dozen studies on new alternative protein tech.
(Source: The Times of Israel, July 4, 2022)
App developer Lightricks lays off 70 in Israel
The Jerusalem-based company, which has developed the Facetune selfie editing app, says the cuts are designed to ensure its long-term future.
(Source: Globes, July 4, 2022)
Analysis: Three signs that high-tech took a turn for the worse in June
A dramatic increase in the sale of shares by employees and investors at reduced valuations, the drop in open positions at startups, and the fact VCs are dictating draconian terms before investing are all indications that the financial crisis has truly started to hit the local tech sector.
(Source: CTech, July 4, 2022)
Investment in Israeli high-tech startups plummets by 31% in Q2
Local tech companies raised a relatively disappointing total of $4.5 billion in the second quarter of 2022, with only 104 funding rounds being completed compared to 135 in the same quarter last year.
(Source: CTech, July 3, 2022)
WeSure completes acquisition of Ayalon insurance group
Insurtech company WeSure Global Tech bought 67% of Ayalon Holdings for NIS 447.6 million.
(Source: Globes, July 3, 2022)
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IVC Research on Israeli & Global Media (June-July 2022)
The optimism and fears: The leading investors in Israeli high-tech are exposed
Insight Partners Fund was the most active investor in Israel last year. As part of its activities, it invested in 37 new companies – close to three times the number of its investments in the previous year, according to a study by the law firm Gross and IVC, which ranks the most active investors in Israel.
(Source: Middle East 24 News, July 6, 2022)
Israeli startups raised $1.6b in June
Israeli startups raised $9.7 billion in the first half of the year, well below last year's figure but ahead of 2020 when startups raised $10 billion in the entire year.
(Source: Globes, July 3, 2022)
Opinion: Why do they keep investing?
Among the leading VCs, it was often two or even one investment that generated the vast majority of returns in one fund and cemented their reputation, writes Meir Valman.
(Source: CTech, June 21, 2022)
Venture capital funds have “a lot” of money but…
(Source: Zeev Holtzman, founder of Giza Venture Capital and IVC, June 13. 2022)
Israeli startup investment down less than expected in H1 2022
IVC-LeumiTech found that the fall in investments in Israeli startups is more moderate than the downward correction on Nasdaq.
(Source: Globes, June 8, 2022)
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Israel Tech Related New Appointments/Positions (June-July 2022)
PolyPid Announces Dikla Czaczkes Akselbrad Assumes Role of CEO
(Source: GlobeNewswire, July 5, 2022)
Cylus brings on board Keren Krauthammer from NSO and Shahaf Rozansky from Cellebrite
(Source: CTech, July 4, 2022)
HUB Security names Hugo Goldman Chief Financial Officer
(Source: PR Newswire, July 1, 2022)
Teva Announces Appointment of New Global R&D and Chief Medical Officer
(Source: Business Wire, July 1, 2022)
Shai Banaim named General Manager of IBM in Israel
(Source: CTech, June 30, 2022)
DriveNets adds Cloud and Networking Industry Veterans to Leadership Team
(Source: PR Newswire, June 29, 2022)
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Recently Published Insights, Reports and Posts by IVC (2020-July 2022)
*New
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Upcoming Israeli High-Tech Events & Webinars (July 2022-November 2022)
*New
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IVC Updates & Contact Information
*New
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IVC is proud to be cooperating with the following organizations:
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