Israel is at the forefront of the burgeoning industry of insurance technologies (InsurTech) – including machine learning, cyber-security, and big-data analytics. Source: NoCamels: With strengths in areas such as FinTech and cyber security, Israel has become a leading player in InsurTech. Of the 15 most funded InsurTech companies in 2017 globally, five are Israeli or have […]
Category: Top Stories
Pharmaceutical company Gilead Sciences Inc. has announced that it will acquire Kite Pharma Inc., developer of personalized cancer treatment drugs, at a company value of $11.9 billion. Part of the technology was developed at the Weizmann Institute. As reported in Globes: This is one of the biggest ever acquisitions of a company whose products have not […]
There are now more than 400 Israel agritech startups working on innovations for the global agriculture sector, according to new research from Start-Up Nation Central, an Israeli NGO and Greensoil Investments, a local agritech venture capital firm. As reported in AgFunder News: For a young nation built on the collectivist agricultural ethos of the Kibbutz movement, it’s […]
Israeli cyber security company Votiro Cybersec has closed a $11.2 million capital raise from Australian investors, ahead of an imminent expansion down under and an IPO on the Australian Securities Exchange. As reported by Yolanda Redrup in the AFR: The company’s pre-IPO round, which it said was oversubscribed, saw cornerstone investor Daniel Sekers’ Divergent Group return, in addition to Redfield Asset […]
Israel is recognised as a world leader in Cyber Security defence capabilities and a delegation from Australia and New Zealand explored some of the latest cutting edge developments in a visit that coincided with the annual Cyber Week in Israel conference in the last week of June. The delegation was led by Mr Paul Ash, […]
A combination of a strong cyber defence authority and high tech capabilities means Israel is seen worldwide as a leader in cyber security. Source: NoCamels: “A few years ago I decided to establish Israel as one of the leading cyber countries in the world, and by all accounts, we’re there,” said Israel’s Prime Minister, Benjamin Netanyahu, […]
Global investment opportunities for Australians just got more exciting with the announcement of a collaboration deal between NAB and Israel’s OurCrowd. The collaboration will provide clients of NAB Private Banking with direct access to exclusive OurCrowd start-up investments together with domestic and global networks and events. OurCrowd is one the world’s largest equity crowdfunding platforms, and […]
Nearly $1.5 billion has been raised since the start of the year. As reported in Globes: Israeli startups have raised over $450 million in the second quarter of 2017. At the midpoint of the second quarter, and with the Passover and the Independence Day festivals reducing the number of business days over the past six […]
Since the first pioneer Israeli company was floated in Australia – Audio Pixels, which raised A$ 32.5 million in 2011 at an after money valuation of A$ 158 million, more than 10 Israeli companies have joined it, and several more are expected to swell the ranks by the end of 2017. As reported in Globes: […]
Water-Gen, an Israeli company whose technology captures humidity in order to make drinking water out of air, is not likely to experience the cash-flow squeeze that afflicts many fast-growing companies. Israeli Prime Minister Benjamin Netanyahu mentioned it in an interview with CBS’s “60 Minutes” about Israel’s high-tech prowess. At the AIPAC conference last month, Harvard […]
