Israel’s political crisis has activated its apolitical tech industry — and there’s no turning back
As unease spread amongst a handful of entrepreneurs, alarmed at radical “reforms” proposed by the Benjamin Netanyahu-led government regarding the independence of the judiciary, WhatsApp groups wer
There’s trouble in Startup Nation
For Israeli entrepreneurs, the prospect of rising pressure on the country's credit rating made banking diversification a more pressing issue.
eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth
After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation. The money is not a typ
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 Sweetwo
Square Peg Capital closes $550M fund for Southeast Asia, Australia and Israel
It’s a tough market for venture capital, but Square Peg Capital is plowing ahead with its focus on Australia (where it is based), Southeast Asia and Israel. The firm announced today that it has
Tres raises $7.6M to help web3 teams manage their financials and crypto data
Tres, a financial “data lake” for web3 companies, has raised $7.6 million in a seed round led by boldstart ventures, its founder and CEO Tal Zackon, exclusively shared with TechCrunch. Investors i
OurCrowd announces its new $200M Global Health Equity Fund
OurCrowd, the global crowdfunding venture firm, today announced its newest fund. As the organization announced at today’s Clinton Global Initiative event in New York, it is partnering with the WHO F
Cyrebro, a specialist in cloud-based security ops centers, locks down $40M
The cloud, and the growing number of assets that are held and used within cloud services, have become a major focus in cybersecurity over the years. Today, a startup that’s leveraging the cloud
Google workers protest $1.2B Project Nimbus contract with Israeli military
A group of Palestinian, Jewish, Muslim and Arab Google employees are speaking out against the tech giant’s Project Nimbus, a $1.2 billion contract involving Google, Amazon and the Israeli govern
MEDU takes in $4M to develop reusable personal protective equipment
MEDU aims to reduce hospital garment waste and replace single-wear items with its line of sustainable, virus-resistant reusable pieces.
Israel’s venture slowdown lags due to ecosystem’s founder mentality
While the venture scene in Israel mirrors the same funding pullback as other geographies, it seems to be doing so with fewer negative outcomes.
From ‘literally zero’ experience to $100M, this VC is raising his second climate tech seed fund
If you ask me, climate tech investor Contrarian Ventures isn’t so contrarian anymore. The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so sma
Diagnostic Robotics has AI catching health problems before they take you to the ER
A stitch in time saves nine, they say — and a blood thinner in time saves a trip to the emergency room for a heart attack, as Diagnostic Robotics hopes to show. The company’s machine learning-
Getting acquired is a legitimate strategy for building your business
While the IPO is characterized as the pinnacle for venture-backed startups, far more companies see successful exits via an M&A process than by going public.
Google Cloud announces its first region in Mexico
Google Cloud today announced plans for its first cloud region in Mexico, its third in Latin America after Santiago, Chile and São Paulo, Brazil. The new region, which will be Google’s 35th, wil
Spyware maker Candiru linked to Chrome zero-day targeting journalists
Security researchers have linked the discovery of an actively exploited but since-fixed zero-day vulnerability in Google Chrome to an Israeli spyware maker targeting journalists in the Middle East. Cy
Where should US-based startups file their patent applications?
One way to curb competition in other countries is to file a patent in each of those countries. However, the cost of filing a patent in every country can be prohibitive even for the largest companies.
Crypto asset manager Valkyrie looks to raise $30M for its new VC arm
Crypto asset manager Valkyrie, best known for launching one of the only U.S. SEC-approved bitcoin futures ETFs, is moving into a new asset class — venture capital. The firm hired investor Lluís
UK’s Magical Mushroom Company uses mycelium to replace plastic packaging
Global plastic waste has more than doubled, and 40% of that waste comes from packaging. Luckily there is no shortage of sustainable packaging startups in Europe. Just take a look: Circleback (Germany)
Security-as-code startup Jit comes out of stealth with $38.5M in seed funding
Jit, a startup that helps developers automate product security by codifying their security plans and workflows as code that can then be managed in a code repository like GitHub, today announced that i