Shoshanna Solomon

Shoshanna Solomon is The Times of Israel's Startups and Business reporter

Illustrative image of a hacker (gorodenkoff; iStock by Getty Images)

June 17, 2021, 3:57 pm

Industrial cybersecurity firm Claroty raises $140 million from investors

The new funds will be used to speed up sale of the company’s software, which protects factories and industrial plants from virtual attacks

By Shoshanna Solomon

The monday.com team opens trade on the Nasdaq on June 10, 2021 (Nasdaq)

June 17, 2021, 3:36 pm

Israeli shares traded on Wall Street reach massive $300 billion valuation

Calcalist: The aggregated value of the shares of the 85 Israeli companies traded in the US accounts for 75% of Israeli GDP, and is more than market cap of shares on the TASE

By Shoshanna Solomon

Illustrative image of a cancer patient (KatarzynaBialasiewicz; iStock by Getty Images)

June 17, 2021, 12:02 pm

Israel’s OncoHost, UK’s NHS to study cancer patient responses to immunotherapies

Startup’s blood test aims to predict which cancer patients will react better to treatment; 8 clinical trials will be set up in the UK

By Shoshanna Solomon

A woman undergoing CT scan as part of cancer screening (Drazen Zigic via iStock by Getty Images)

June 16, 2021, 6:17 pm

Immunotherapy startup KAHR gets $46.5 million from investors

Funding will help advance the clinical development of firm’s flagship drug for the treatment of solid and blood cancers via multiple clinical trials

By Shoshanna Solomon

The Tel Aviv office of Israeli startup Cortica; Feb. 12, 2019 (Shoshanna Solomon/Times of Israel)

June 16, 2021, 5:32 pm

Good news and bad news: Israel’s maturing ecosystem means plunge in new startups

Last year saw just 520 startups set up, way down from 1,400 in 2014; Innovation Authority says policies must cater to both startups and later-stage firms

By Shoshanna Solomon and AFP

The Nasdaq building in Times Square in New York. (littleny, iStock by Getty Images)

June 16, 2021, 2:20 pm

Israel’s WalkMe raises $287 million in Nasdaq IPO at $2.5 billion valuation

Tel Aviv-based firm, founded in 2011, is a maker of software to help website owners and software developers give onscreen guidance to users; shares start trading Wednesday

By Shoshanna Solomon

People stand in line outside stores in Jerusalem after they were permitted to reopen following a national lockdown due to the coronavirus outbreak, on November 8, 2020. (Yonatan Sindel/Flash90)

June 16, 2021, 12:36 pm

Central bank urges new government: Think long-term, make Israel more productive

Bank of Israel report says Israel must invest more in its people, develop its infrastructure and upgrade its financial system in order to eventually reduce income inequality

By Shoshanna Solomon

The Amos 17 satellite of Spacecom Satellite Communications (Courtesy)

June 15, 2021, 2:32 pm

Hungary’s 4iG eyes control of Israeli satellite firm Spacecom

Shares surge in Tel Aviv, following news of the signing of a non-binding letter of intent for acquisition of 51% stake for NIS 215 million ($66 million)

By Shoshanna Solomon

CropX sensors are installed in minutes and connect to the cloud to constantly monitor farmers’ fields (CropX)

June 15, 2021, 11:56 am

Five Israeli startups make World Economic Forum tech pioneers list

Global list highlights early growth-stage companies ‘poised to have a significant impact on business and society’; previous cohorts included Google, Twitter, Airbnb, Spotify

By Shoshanna Solomon

Bank of Israel Governor Stanley Fischer attends a session of the Knesset's Finance Committee on Monday, June 3 (photo credit: Miriam Alster/Flash90)

June 14, 2021, 4:53 pm

Stanley Fischer resigns from Bank Hapoalim board

Fischer, who previously served as the Governor of the Bank of Israel and is a former vice chairman of the US Federal Reserve, leaves Hapoalim after 8 months for ‘personal reasons’

By Shoshanna Solomon

June 14, 2021, 3:20 pm

Fashion group Fox gets investment from Danish billionaire for Terminal X

Danish firm Heartland, the investment vehicle of Anders Holch Povlsen and the owner of British fashion and cosmetic retailer ASOS, to invest in Israel’s Terminal X

By Shoshanna Solomon

Israel's new Prime Minister Naftali Bennett (C) after the swearing in of the new government, in the Knesset on June 13, 2021. (Olivier Fitoussi/FLASH90)

June 14, 2021, 1:51 pm

Setting budget is ‘most pressing challenge’ for new finance minister: Moody’s

Investor service sees government’s ‘lack of ideological cohesion’ as incentive for it to focus on economic policies

By Shoshanna Solomon

Bernard Arnault, the chairman and CEO of LMVH Moet Hennessy-Louis Vuitton. (YouTube screenshot)

June 10, 2021, 7:58 pm

Luxury goods magnate Bernard Arnault invests in Israeli cybersecurity firm Wiz

Arnault, the chiarman of Moet Hennessy Louis Vuitton (LVMH), is one of the world’s richest men; together with US billionaire Howard Schultz, he joins in $120 million funding round

By Shoshanna Solomon

Uzia Galil, a founding father of Israel's high tech industry (YouTube screenshot)

June 10, 2021, 5:08 pm

Uzia Galil, a founding father of Israel’s tech industry, dies aged 96

Galil, an Israel Prize recipient, fled from German-invaded Romania when he was 16; an electrical engineering Technion graduate, he set up Elron to foster tech firms

By Shoshanna Solomon

An illustrative image of dried shrimp (Maurian Soares Salvador; iStock by Getty Images)

June 10, 2021, 12:46 pm

ViAqua raises $4.3 million for RNA-based feed to fight shrimp disease

Startup uses coated RNA particles, administered as a feed supplement, to trigger a cell reaction that disables viral infections in shrimp and other water species

By Shoshanna Solomon