Lavish parties: Credit Shutterstock Tomas Simkus Wastefulness haunts Israeli startups as crisis looms

Lavish parties were thrown, expensive offices leased and superfluous employees hired as US funds poured cheap money into startups, without due diligence. Now the party is over.

Alex Ginzburg, Ruthi Furman and Ido Vigdor Credit: Viola Credit Viola Credit closes $700m fintech startup fund

The funds have been raised from Israeli institutional investors including banks, insurance companies and investment houses.

Coping with a crisis Credit: Shutterstock Sequoia warns on long crisis and slow recovery

The US venture capital firm, which has extensive Israeli investments, has told startups to increase revenue and profits at the expense of market expansion.

Starkware founders Eli Ben-Sasson and Uri Kolodny Credit: Nataly Shor Blockchain co Starkware raises $100m at $8b valuation

The Israeli company, which provides a cryptographic compression service, has quadrupled its valuation in the past six months.

Drug development Credit: Kfir Ziv Israeli precision drug development co Neuralight raises $25m

Neuralight seeks to improve the design of neurological clinical trials, increase the probability of success for novel neurological therapeutics, as part of a new era of precision medicine for neurology.

Gil Bar-Tur  credit: PubPlus Canada's ClearPier buys Israeli advertising analytics co PubPlus

The price is $60 million. PubPlus CEO Gil Bar-Tur: This is the first of five planned acquisitions by ClearPier, aimed at turning it into a public company.

Lior Gavish and Barr Moses Credit: Monte Carlo Data reliability co Monte Carlo raises $135m at $1.6b valuation

The Israeli-US company has developed product functionalities to help data teams achieve more reliable data.

The balloon bursts  credit: Shutterstock BeyondMinds closure a watershed for Israeli tech

As changed market conditions bite, the era that hallowed technology is giving way to an era that's meaner and less patient.

Semperis founders Credit: Semperis Cybersecurity co Semperis raises $200m

The Israeli-US company enables enterprises to significantly speed up the amount of time required to recover from a cyberattack.

Ultrasound Photo: Shutterstock AI IVF co Fairtility raises $15m to improve pregnancy rates

The Israeli company uses AI and big-data to improve IVF outcomes with technology that allows accurate and early, data-driven embryo quality assessment.

Haredi women at a high-tech company  credit: Darren Whiteside, Reuters Haredi integration into high tech stalling

From populations missing out to low government investment, the Innovation Authority finds causes for concern about the economy's main engine.

BeyondMinds shuts down, lays off 65

The Israeli enterprise AI solutions startup is closing after advanced talks to sell the company to a tech giant broke down, CEO Roey Mechrez told "Globes."

Olive Diagnostics device Credit: Olive Diagnostics Analyzing urine for future health problem alerts

Israeli company Olive Diagnostics has developed a toilet-mounted sensor to analyze urine and detect illnesses ranging from kidney stones to cancer.

Online tech training co Masterschool raises $100m

The Israeli startup provides a business model, in which students only pay for courses, in monthly installments from their salary, if they are placed in a tech job.

Prof. Tamir Tuller and Dr. Eyal Afergan  credit: Eyal Izhar Israeli milk alternatives startup Imagindairy raises $15m

The raise, led by Target Global, is an extension of the company's seed round in which it raised $13 million last November.

Unit Finance Inc.  credit: Unit Finance Unit Finance reveals $100m raise at $1.2b valuation

The Israeli-US embedded finance company closed the round before the valuation bubble began to burst.

A.Team founders Kobi Mastri and Raphael Ouzan  credit: Kevin Deming Freelance developer network A.Team raises $55m

The company, founded in 2019, reports revenue already running at $42 million annually, and doubling every quarter.

Avo founders  credit: Stefan Klapko Deliveries startup Avo shuts down Israel operations

Most of the company's employees in Israel are being laid off, while US operations are being cut back.

Optibus founders Eitan Yanovsky and Amos Haggiag  credit: Optibus Transport planning co Optibus raises $100m at $1.3b valuation

Co-founder and CEO Amos Haggiag: It wasn't easy to get the valuation we wanted.

Shai Agassi  credit: Tamar Matsafi Shai Agassi makes autotech comeback with Israeli LiDAR co

Agassi is executive chairperson of LiDAR developer Makalu Optics of Rehovot.

Udi Mokady Photo: Eyal Izhar CyberArk launches corporate VC fund

CyberArk Ventures has made three initial investments in cybersecurity startups.

Anat Shakedd Credit: PR Shopping in-store data platform Nexite raises $67m

The Israeli company has developed a data platform connecting physical merchandise to the cloud.

Cancer Personalized cancer therapy co OncoHost raises $35m

The Israeli company's precision oncology diagnostic solution is expected to launch commercially in the US in the third quarter of 2022.

proteanTecs management Credit: Sharon Buchbinder Israeli deep data analytics co proteanTecs raises $45m

proteanTecs provides advanced cloud and edge enterprise solutions that monitor the health and performance of electronics to help customers scale their operations.

Yoav Leitersdorf Credit: Maxim Dinstein YL Ventures closes $400m Israeli cybersecurity VC fund

YL Ventures has raised its largest ever fund despite admitting that the startup financing market is in a slowdown.

Augurey and Seebo founders Credit: Kobi Sharvit Augury buys Israeli industrial AI co Seebo for $140m

The two Israeli companies will combine to provide an AI-driven view into the diverse factors that influence overall production health.

Ofir Zemer  credit: PR Qualcomm set to buy Israeli startup Cellwize

Cellwize deals in cellular network optimization. The acquisition price is estimated to be in the low hundreds of millions of dollars.

Digital health  / Photo: Shutterstock Incontinence treatment co BlueWind Medical raises $64m

The Israeli company has developed the RENOVA iStim implantable tibial neuromodulation device under investigation for the treatment of incontinence and overactive bladder (OAB).

Omri Kohl Credit: Kfair Ziv Business intelligence co Pyramid Analytics raises $120m

The Israeli company's platform delivers data-driven insights for faster, more intelligent decisions, by providing instant access to any data, enabling an organization-wide approach to business intelligence and analytics.

Yonatan Tserruya and Assaf Eisenstein Credit: Geva Talmor Investors sue Israeli unicorn Lusha for 35% stake

Plus Ventures and Oren Abekasis allege in the Tel Aviv court that Lusha's app was copied from a previous venture owned by the same entrepreneur, in which they had invested. Lusha denies any connection.

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