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Industrial Drone Co Airobotics Raises $32.5m

The Petah Tikva based company is expanding operations in industrial facilities such as mine sites, refineries, seaports, oil and gas facilities and more. As reported in Globes: Israeli industrial drone developer Airobotics announced today the closing of a $32.5 million financing round led by BlueRun Ventures China, as well as Microsoft Ventures, OurCrowd.com and another strategic investor. […]

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Israeli Car Sensor Co Innoviz Raises $65m

The Kfar Saba based company also announced today that its groundbreaking LiDAR solution has moved into mass production. As reported in Globes: Israeli car sensor company Innoviz Technologies has raised $65 million in a Series B financing round. Strategic partners and tier 1 suppliers Delphi Automotive PLC and Magna International participated in the round, along with additional […]

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Is DIY Startup AppsVillage The Next Wix?

AppsVillage wants to do for apps what Wix.com did for websites: make them easier and cheaper to create As published in The Times of Israel: As our cellphones become an extension of our arms and are an integral part of our daily lives, so has the use of mobile apps grown: we have apps to […]

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Vista Equity Partners buys Israeli co Applause

The digital testing company, which has raised $115 million, was acquired for several hundred million dollars. Original article from Globes: US investment fun Vista Equity Partners has entered into a definitive agreement to acquire Israeli digital testing company Applause. Applause has raised $115 million to date from investors including Accenture, Credit Suisse, Egan-Managed Capital, Goldman Sachs, Longworth […]

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Israeli Big Data Co Redis Labs Raises $44M

Goldman Sachs led the round in the database management system developer, which has raised $86 million since it was founded in 2011. As reported in Globes: Israeli big data company Redis Labs announced that it has raised $44 million in a Series D financing round led by new investor Goldman Sachs Private Capital Investing and existing investors […]

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TaKaDu Continues Partnership With Queensland’s Unitywater

Unitywater has signed a contract with an IoT software company to extend their partnership by three years to continue optimising its network efficiency, improve customer service, and reduce water loss. As reported in Utility Magazine: The water and sewerage service provider, based in South East Queensland, has implemented TaKaDu’s system across 90 per cent of […]

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Israel To Become Major Exporter Of Medical Cannabis

Governmental committee recommends allowing export of cannabis smoking products, oils, tablets and evaporation-based products from licensed growers. Israel may soon start exporting medical cannabis to countries where it is legal for medicinal use, following the recommendation of a government committee approved earlier this week by the ministries of health and finance. The committee recommended allowing […]

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Israeli Startup NRGene Maps Genome Of Cotton, Sweet Potato For Better Crops

NRGene, the Israeli startup that has mapped the genome for bread, pasta and wild emmer wheat, said that it has now mapped the genome for the most common cotton breed and the sweet potato, giving researchers critical insights for developing healthier plants with higher yields. As reported in NoCamels: NRGene said it partnered with Genosys Inc. […]

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Australia’s Aristocrat Buys Israeli Social-Gaming Co Plarium Global For $500M

‘Aristocrat is an ideal partner for us given our common aspiration to be a global leader in social gaming,’ says Plarium founder. As reported in Israel21C: Australia’s Aristocrat Leisure has acquired Israeli mobile- and browser-based games publisher Plarium Global for $500 million in cash, it was announced today. Plarium’s product line includes the top-grossing “Vikings: War of […]

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Israeli Auto-Tech Rising Star Oryx Vision Raises $50M

The Petah Tikva based startup’s coherent flash system with no moving parts achieves the depth vision performance required for autonomous driving. As reported in Globes: Israeli autonomous car depth sensor developer Oryx Vision announced today a $50 million Series B funding round. Third Point Ventures and WRV led the round with the participation of Union Tech […]