Digital payments firm Payoneer has raised $180 million, the largest investment in an Israeli FinTech company, and one of the biggest financing rounds seen in Israel in recent months. This could be the company’s last private funding round before embarking on an initial public offering (IPO), according to reports in the media. As reported in No Camels; The round was led […]
Category: Latest News Israel
The Jerusalem-based SunDwater, whose standalone system harnesses heat through concentrated solar power, now has two fully operational pre-production models purifying water in the Arava Desert. As reported in The Jerusalem Post: Remote villages around the world that lack access to both electricity and potable water may soon be able to quench their thirst, with the […]
The Jerusalem-based crowdfunding platform has to date invested over $300 million in 100 portfolio companies and funds. As reported in Globes: Israeli global equity crowdfunding platform OurCrowd has closed $72 million in Series C funding. Participants in this latest round include financial institutions, family offices, and private investors from five continents. OurCrowd CEO Jon Medved […]
Sidekix, an Israeli urban navigation app built for pedestrians, and customized to their interests, already works in more than 60 cities worldwide. As reported in Israel21C: The Israeli app Waze took the world by storm, making it easier for drivers across the world to bypass traffic and reach their destination quickly. Now there’s Sidekix, an […]
Inventions using sound and touch soon to be commercialized from Israeli professor’s lab will give unprecedented abilities to people with visual limitations. As reported in Israel 21C: In Professor Amir Amedi’s world-renowned Lab for Brain and Multisensory Research at the Hebrew University of Jerusalem, people with vision impairment can “see” their environment with the aid of sensory substitution […]
The Ra’anana-based WiFi provider has raised $107 million since it was founded. As reported in Globes: Israeli startup Celeno Communications has completed a $38 million financing round. Founded in 2005 by president and CEO Gilad Rozen, the company supplies chips and software technology for managed WiFi apps. Red Dot Capital Partners, which focuses on investments in growth […]
Supersmart consists of a mobile app to scan items as you shop, and a validation unit that checks your cart and puts the payment process in motion. As reported in Israel21C: The startup, based in Rosh Ha’ayin, uses cutting-edge technologies such as deep-learning algorithms, sensors and image processing to build a two-part system: a smartphone […]
Haifa-based Cronus uses an algorithm to imitate the way hackers think. As reported in Globes: Cyber security startup Cronus Cyber has raised $3.5 million. According to figures from the IVC database, the company has raised $6.2 million since it was founded, including the current round. CEO Doron Sivan and CTO Matan Azugi founded Cronus in […]
Jerusalem’s Cell Cure is doing clinical trials on OpRegen, an injectable suspension containing stem-cell-derived replacement cells for the retina. As reported in Israel21C: Age-related macular degeneration (AMD) is a leading cause of blindness in people over age 60. About 90 percent of those with AMD have the “dry” form for which there is no approved […]
Earny, a free app created by Israeli developers, allows consumers to avoid overpaying on their purchases. As reported in NoCamels: Earny ensures that consumers can take advantage of price protection policies offered by major stores and credit card issuers. Many stores offer policies that promise to pay back the difference when a price drop occurs on past […]
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