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ISRAEL AT WAR - DAY 343

high-tech ecosystem

Founders of US-Israeli cyber unicorn Wiz from left to right: VP Product Yinon Costica, CEO Assaf Rappaport, CTO Ami Luttwak, and VP R&D Roy Reznik. (Avishag Shaar-Yashuv)
July 16, 2024, 10:33 pm
Could Google’s $23b bid for Israel-founded cyber unicorn boost local tech outlook?
Parent company Alphabet is said to be in ‘advanced talks’ with Wiz, in what would mark the biggest-ever Israeli tech acquisition, and generate tax windfall during Gaza war period
By Sharon Wrobel
Employees at Tel Aviv-based venture group Team8. (Courtesy)
March 5, 2024, 7:06 pm
Backed by Microsoft and Cisco, Israel’s Team8 raises $500m to help build startups
Venture group plans to use fresh funds for building and investing in 30 startups in the areas of cyber, data infrastructure, fintech, digital health and AI
By Sharon Wrobel
Tech workers protest against the government's judicial overhaul 'time is running out for Israeli high-tech,' in Tel Aviv, on March 23, 2023. (Avshalom Sassoni/Flash90)
August 31, 2023, 6:56 pm
Almost 50% of new Israeli startups incorporated abroad in first half of year – survey
Israel Advanced Technology Industries (IATI) finds that 45% of new start-ups were incorporated outside of Israel, compared to 20% in 2022
By Sharon Wrobel
Team at Tel Aviv-based venture capital fund Symbol. (Courtesy)
August 8, 2023, 7:15 pm
Israeli venture capital fund Symbol closes $50 million debut fund
Fund invests in ‘pre-consensus’ Israeli-founded entrepreneurs pitching ideas outside the tech spotlight; founder shares investor concerns about domestic political uncertainty
By Sharon Wrobel
Tel Aviv's financial business district skyline, June 2022. (Elijah Lovkoff via iStock by Getty Images)
July 3, 2023, 7:26 pm
Israel sinks five spots to 10th most-funded tech ecosystem globally
Investments in local startups drop at faster pace than those of global peers this year, but the good news is ‘many Israeli startups have longer runways,’ report notes
By Sharon Wrobel
Erel Margalit, founder and chairman of JVP at a protest against the judicial overhaul in Haifa. (Micha Brickman/Courtesy)
April 25, 2023, 4:53 pm
Tech investors are waiting for ‘sanity’ to return to Israel, says JVP founder
Israeli entrepreneur and investor Erel Margalit says tech workers’ protests show that the government will not succeed with judicial overhaul push
By Sharon Wrobel
Ultra-Orthodox young women in the Adva training program, which aims to teach them with tech skill (Courtesy)
January 30, 2023, 3:09 pm
Women still only about a third of tech employees in Israel
New report by Power in Diversity also shows Arab and ultra-Orthodox participation rates in the tech workforce remain low
By Sharon Wrobel
A Google office building at the company's campus in Silicon Valley, June 2019. (Sundry Photography via iStock by Getty Images)
October 25, 2022, 4:55 pm
Google sets up tech program at Reichman University as part of $25m diversity drive
New ‘School of High-Tech’ to offer academically supervised and credited courses in programming, data analysis and business development, with focus on underrepresented communities
By Ricky Ben-David
From left: IATI CEO and president Karin Mayer Rubinstein, Bahraini Ambassador to Israel Khaled Yousif Al-Jalahma, and Bahrain Fintech Bay CEO Bader Sater sign a fintech cooperation deal in Tel Aviv, August 2, 2022. (Alon Gilboa)
August 4, 2022, 9:01 pm
Israel, Bahrain organizations ink fintech cooperation deal
Israel Advanced Technology Industries (IATI), an umbrella group of high-tech and life sciences firms, partners with Bahrain Fintech Bay for joint initiatives, industry support
By Ricky Ben-David
US President Joe Biden walks down the steps of Air Force One at Dover Air Force Base, Delaware, June 2, 2022, as he heads to Rehoboth Beach, Delaware, for the weekend. (AP Photo/Susan Walsh)
June 16, 2022, 2:06 pm
Daily Briefing June 16: Biden’s coming, Abbas is annoyed and the deficit is down
US correspondent Jacob Magid discusses the US president’s imminent visit and Palestinian reactions; and US reporter Luke Tress looks at Israel’s near-zero deficit and tech news
By ToI Staff
An illustration of a centaur businessman and a businessman riding a unicorn. (rudall30 via iStock by Getty Images)
June 6, 2022, 12:09 pm
Out with the unicorns, in with the centaurs? A new tech milestone takes shape
Leading investment firm BVP says global tech and VC community should look to a horse of a different color to measure promising ventures
By Ricky Ben-David
Boaz Levy, the CEO of Israel Aerospace Industries, speaks to The Associated Press at the Dubai Air Show in Dubai, United Arab Emirates, November 15, 2021. (AP/Jon Gambrell)
May 19, 2022, 5:43 pm
Vying for talent, IAI jabs at darker side of Israeli tech sector
Amid fierce competition, weapons maker’s new recruitment ads appeal to potential candidates to opt for a sense of purpose over money
By Ricky Ben-David
Israelis stand still next to their cars on a freeway as a two-minute siren sounds in memory of victims of the Holocaust in Tel Aviv, Israel, April 28, 2022 (AP Photo/Ariel Schalit)
May 11, 2022, 10:04 pm
Government must invest more in R&D to keep tech sector growing, warns new report
In sobering annual study, Israel Innovation Authority says technology industry strong but plagued by challenges that require action
By Ricky Ben-David
Then Memphis Grizzlies forward Omri Casspi in action during an NBA basketball game against the Philadelphia 76ers, December 2, 2018, in Philadelphia. (AP/Matt Slocum)
May 2, 2022, 8:28 pm
Former Israeli NBA player Omri Casspi steps onto high-tech court as VC investor
New $50 million fund to focus on early-stage investments in areas like fintech, cybersecurity, Web3
By Ricky Ben-David
Luisa Rubio, head of Wayra X, an innovation arm of Spanish telecom giant Telefonica. (Courtesy)
May 2, 2022, 5:48 pm
Spanish telecom giant Telefonica scouts Israeli startups for disruptive tech
Multinational’s innovation division, Wayra, wraps up trip to Israel following pre-seed investment in Tel Aviv-based AI-powered education tech outfit
By Ricky Ben-David
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