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Thursday, October 08, 2020
Tel Aviv, Israel
*Currently Available Profiles On IVC-Online
The Leading Data Source on Israel's High-Tech Industry since 1997
Active Multinationals Active Investors Active High-Tech Companies
379 2,465 9,345
 
*Updated Daily

Israeli High-Tech Industry Updates (Oct 02 - Oct 08)
Six Israeli companies surpass $2b valuation this year​
More Israeli tech companies are raising large financing rounds at "double unicorn" valuations. Is a tech bubble being formed?

(Source: Globes 08.10.2020)

4 Israeli Universities Named Among 50 Top Institutions Producing Entrepreneurs
Tel Aviv University, the Technion-Israel Institute of Technology, Hebrew University of Jerusalem, and Ben Gurion University of the Negev, were named to the 2020 university report, released late last month by Pitchbook.
(Source: NoCamels 07.10.2020)


Israeli B2B fintech co Tipalti raises $150m
The global payables automation solutions company raised the money at a valuation of more than $2 billion.

(Source: Globes 06.10.2020)

Joe Montana among seed investors in Israeli startup Walnut
The company, which is also backed by NFX, aims to provide sales teams with a fully customizable demo platform.

(Source: CTech 06.10.2020)

OurCrowd signs MoU with UAE's Phoenix to bolster Israeli tech sector
Phoenix is one of the richest agricultural foods and commodities traders in the UAE, having special technology and engineering branches as well as travel, construction and transportation investments.
(Source: The Jerusalem Post 06.10.2020)


Israel’s AccessFintech completes $20 million round led by Dawn Capital
​Deutsche Bank and existing investors J.P. Morgan, Citi and Goldman Sachs also participated in the new round after Covid-19 pandemic resulted in cancelation of round planned for February
(Source: CTech 06.10.2020)


US tech giant Nvidia unveils ‘breakthrough’ processor sired by Israel team
New chip design allows the transfer of data center infrastructure services onto one chip; tech was created by Mellanox, the Israeli firm Nvidia bought in 2019 for $7 billion
.
(Source: The Times of Israel 05.10.2020)

Australia Securities Exchange eases terms for dual listing of Israel tech firms
ASX recognizes Tel Aviv Stock Exchange rules, reducing compliance burden; in September, payments firm Splitit became 1st Israeli company to enter a Down Under index
.
(Source: The Times of Israel 05.10.2020)

Fortissimo Capital sells 50% of Priority Software holdings for $250 million
Global private equity firm TA Associates acquires the Israeli ERP provider after initial talks fell through last year

(Source: CTech 05.10.2020)

US-Israel binational R&D fund seeks to increase funding for strategic edge
BIRD Foundation CEO Eitan Yudilevich hopes to bring added $50 million to fund over five years from US and Israeli governments to boost edge in cybersecurity, healthcare and AI
.
(Source: The Times of Israel 04.10.2020)


IVC Research on Global Media (Sep-Oct 2020)
Selected Recent Database Additions & Activity (Oct 02 - Oct 08)
New Israeli VC Fund Added (Closed Funds & First Closing Q2-Q3 2020)
Recently Published Macroeconomic Insights & Reports by IVC (2020)
*New
Upcoming Israeli High-Tech Events & Webinars (Q3-Q4 2020)
*New
IVC Updates & Contact Information
*New
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