financing

Founders of Israeli data startup Mine (from right to left): Kobi Nissan, Gal Ringel, and Gal Galon. (Courtesy)

Backed by PayPal and Nationwide, Israeli data privacy startup raises $30m amid war

Software developed by Tel Aviv-based Mine tells companies and consumers where their data is and how they are using it, to manage both data and privacy more efficiently

December 5, 2023, 5:53 pm

Backed by PayPal and Nationwide, Israeli data privacy startup raises $30m amid war

Software developed by Tel Aviv-based Mine tells companies and consumers where their data is and how they are using it, to manage both data and privacy more efficiently

By Sharon Wrobel

UBQ Materials has developed a technology that takes unsorted household waste -- from banana peels to dirty diapers to used yogurt containers and cardboard -- and converts it into a bio-based thermoplastic -- a plastic substitute (Courtesy)

September 13, 2023, 3:02 pm

Cleantech startup that converts waste into eco-friendly plastic nabs $70 million

UBQ develops thermoplastic materials from household trash to make products such as trays for McDonald’s and automotive parts for Daimler; funding to support Europe, US footprint

By Sharon Wrobel

Illustrative: A scientist sits at his desk and consults an engineer about sophisticated coding and programming at a computer science research laboratory. (iStock by Getty Images)

August 30, 2023, 8:27 pm

Israeli startup raises $15 million to drive US expansion of clinical trial simulator

QuantHealth says its AI platform can predict results with 86% accuracy and support the success of faster, cheaper drug discovery and development

By Sharon Wrobel

Team at Tel Aviv-based cybersecurity startup Grip Security. (Courtesy)

August 22, 2023, 9:53 pm

Israeli cybersecurity startup nabs $41m in funding led by Daniel Loeb’s Third Point

Grip Security has built a security platform to help businesses manage identity risks and threats across their web applications and services

By Sharon Wrobel

Israeli startup Wint develops water leakage detection technology operated by an intelligence data system. (Courtesy)

August 10, 2023, 6:12 pm

Israeli smart water leak detection startup raises $35 million from funding round

Wint develops a water meter using machine learning to detect and stop leaks before they cause major damage; funding co-led by US VC Insight Partners and European climate tech fund

By Sharon Wrobel

Signing of financial closure of purple light rail project from right to left: Shapir Group CEO Israel Shapira, CAF CEO of Integrated Solutions Systems Urtzi Montalvo, NTA - Metropolitan Mass Transit System CEO Haim Glick, and HSBC Israel CEO Michael Israel, July 4, 2023. (NTA)

July 5, 2023, 3:34 pm

HSBC and Leumi to provide $1.1 billion in financing for Tel Aviv purple light rail

Line will run from the eastern part of the Tel Aviv metropolitan area via Ramat Gan and Givatayim to the city center

By Sharon Wrobel

NoTraffic's plug-and-play autonomous traffic management platform harnesses AI and computing to turn urban intersections into a single cloud-connected hub. (Courtesy)

June 27, 2023, 2:48 pm

Israeli traffic management startup raises $50 million to expand to Europe and Japan

Israeli startup NoTraffic says its smart traffic management system tracks live data from road users to optimize timing of traffic lights and reduces congestion by as much as 50%

By Sharon Wrobel

N-Drip's drip irrgation system in the US. (Martin Hobelman/N-Drip)

June 21, 2023, 9:10 pm

Agritech firm N-Drip raises $44 million in Liechtenstein-led funding round

Drip irrigation tech developer inks cooperation agreement for the marketing of its systems in rice fields in the US, India and other countries

By Sharon Wrobel

June 19, 2023, 6:15 pm

JPMorgan expands commercial banking business to Israel to cater to tech companies

US lender hires new banking team of 10 people to serve local startups and high-tech firms

By Sharon Wrobel

BlackRock's office in the Hudson Yards neighborhood of New York City. (AP Photo/Ted Shaffrey)

June 8, 2023, 3:05 pm

BlackRock snaps up provider of loans to Israeli and European startups

With offices in Israel, Kreos lends to startups including Israeli taxi-hailing app Gett, energy tech firm SolarEdge, and biotech firm BiolineRX

By Sharon Wrobel

Illustrative: Elderly people walk together in downtown Jerusalem, September 11, 2022. (Nati Shohat/Flash90)

March 7, 2023, 7:48 pm

Insurtech startup raises $42.5m in fresh funds to help elderly ‘age successfully’

Funding follows partnerships with leading long-term care insurance carriers over the past year and members on startup’s platform soar by over 300%

By Sharon Wrobel

Illustration of an electric bus traveling along a stretch of Electreon smart road, recharging as it travels. (ElectReon screenshot)

January 22, 2023, 5:59 pm

Israeli startup raises NIS 40m to bid in ‘smart road’ electric tender in Sweden

Electreon passes pre-screening for tender to build Sweden’s first electric road along 42 kilometers, the longest stretch in the world

By Sharon Wrobel

Illustrative view of high-tech office buildings in Herzliya Pituach, Israel, December 12, 2015. (Nati Shohat/Flash 90)

January 3, 2023, 8:14 pm

Year of the reset: As era of cheap money ends, how will Israeli tech fare in 2023?

Israeli tech firms brace for more cost savings, downsizing to get through global slowdown as the strong get stronger and the weak get weaker

By Sharon Wrobel