Mind the Tech NY
CTECH – Latest Israeli Technology and Innovation News
PM Bennett: The startup nation’s next mission is to solve global
problems. In a video addressing Calcalist’s Mind the Tech NY 2021, the Israeli premier urged conference attendees to “harness the power of your imagination and dream big.” Watch full video
“NSO puts Israeli cyber in a not so favorable light.” Prof. Ellen Goodman, Co-Director of Rutgers Law School, was speaking at Mind the Tech NY 2021. Watch full video
“The most important thing for us is strong leadership.” Sivan Shamri
Dahan, Managing Partner at Qumra Capital, was speaking on the “Going Public: The Incredible Path to IPO” panel at Mind the Tech NY 2021 alongside Udi Mokady, Co-Founder and CEO at CyberArk, Assaf Feldman, Co-Founder and CTO at Riskified, Asaf Peled, Co-Founder and CEO of Minute Media, and Saar Yoskovitz, Co-Founder and CEO at Augury. Watch full video
“Why is Israel the center of innovation for financial services around
the world?” Fundbox CEO Prashant Fuloria was speaking at Calcalist’s Mind the Tech NY 2021 conference. Watch full video
“Over time, Israel will start and feel more like Silicon Valley.” John
Curtius, a Partner at Tiger Global, was speaking at Mind the Tech NY 2021 with Forter CEO Michael Reitblat, who said “it is all about execution, about how we build our team.” Watch full video
Israeli startup scene shouldn’t rush growth, says Snowflake VP.
Matthew Glickman, VP, Customer and Product Strategy at Snowflake, was speaking at Calcalist’s Mind the Tech conference. Watch full video
“When you are in the middle of a storm, you don’t always comprehend the impact of change.” LeumiTech CEO Timor Arbel-Sadras believes that the impact from this storm will see Israel transform from Startup-Nation into Scale-up Nation. Watch full video
Banks must embrace the startup ecosystem to keep up with innovation, says Leumi CIO. “Only when combining their dreams and execution speed with the bank’s know-how, data and customer base, we can create real-world breakthrough financial products,” says Jaime Schcolnik, VP,
CIO, and Head of Leumi Technologies at Bank Leumi. Watch full video
Leumi CEO: “This technological revolution will change our world more dramatically than the industrial revolution.” Speaking at Calcalist’s Mind the Tech NY conference, Hanan Friedman also touched on the ways his bank has helped nurture local tech. Watch full video
“This conference is, in a sense, a wake-up call for the industry to
grow up.“ Speaking at Calcalist’s Mind the Tech NY 2021 conference Dr. Nimrod Kozlovski called for “different conduct, which encompasses aspects of corporate governance, financial planning, and transparency,” as Israeli companies rapidly scale. Watch full video
“Tech leaders should make the world a better place.” Speaking at Mind
the Tech NY 2021, Calcalist publisher Yoel Esteron challenged entrepreneurs to address the big issues of humanity and planet earth. Watch full video
Qumra’s Top 11: The Israeli companies you need to watch out for in
2022. Qumra Capital’s annual list is known for including successful companies such as Papaya Global, BigID and Snyk in the past. So who should you keep an eye on in 2022? Read more
Israeli tech’s big breakthrough celebrated at Mind the Tech NY. The
conference got underway with a traditional opening cocktail on Monday night attended by entrepreneurs and investors from Israel and abroad ahead of two busy days of business meetings, panels and lectures by the top names in the industry. Read more
StarkWare joins Israeli unicorn club with $50 million Series C at $2
billion valuation. The Netanya-based company has developed a cryptographic solution it believes can solve the problems of scalability and privacy hampering blockchain technology. Read more
Bizzabo acquires Klik for $13.5 million to add smart wearables tech to live events. Klik is the Israeli company’s fourth acquisition in six months, an addition complementing its previous acquisitions x.ai, Whalebone, and TeeVid. Read more
EasySend raises $50.5 million Series B to build and support digital
customer journeys. The Israeli startup’s no-code platform aims to make it easy for enterprises and SMEs to build and launch digital customer journeys, including customer applications, onboarding questionnaires, and claims forms. Read more
AI21 Labs launches AI-based tool that summarizes a document within seconds. The Israeli startup, which recently raised $20 million at a $400 million valuation, believes it can enable users to read long and complex text more efficiently and on average 75% faster. Read more
Bit raises $25 million Series B for component-driven cloud platform.
The Israeli startup has developed a platform developers can use to build independent components and compose them into features and applications. Read more
Meta joins forces with Israel’s yellowHEAD to launch Meta Startup Hub. The announcement comes shortly after the company’s rebrand from Facebook and its new emphasis on the metaverse. Read more
Appointments | Viola appoints new Partner to lead human capital
operation. Jeff Shapiro, a senior executive search professional, will head the new operation whose mission will be to support portfolio companies as they build their global and local management teams. Read more
Opinion | Fueling the world, one insight at a time. Research going
into the future of autonomous driving offers a lesson: businesses can uncover greater business value by supporting the movement and the sovereignty of data. Read more
Claroty eyeing $300 million acquisition of Medigate. The industrial
cybersecurity unicorn is aiming to add to its offering its fellow Israeli company’s expertise in protecting medical devices from cyber attacks. Read more
JAL Ventures announces new $105 million fund. The Israeli VC has already made five investments in B2B startups from the fund, including insurtech companies Novidea and VOOM. Read more
Zesty raises $35 million Series A for AI-driven cloud management
platform. The Israeli startup has seen revenue increase by 600% in 2021 as businesses become increasingly reliant on the cloud. Read more
“The NSO incident does not harm the reputation of Israeli cyber.”
CyberArk chief Udi Mokady believes Israel’s position as a cyber powerhouse is safe, and that “our grandchildren will also deal with cybersecurity.” Read more
Elbit awarded $106 million contract to supply automatic gun systems to Asia-Pacific country. Over the past week, the defense powerhouse has also announced a $74 million deal for airborne munitions with South Korea and a $100 million deal with the UK Royal Navy for electronic warfare. Read more
A Day in a Life | The drag queen coding for HoneyBook. Amit Harari, a Full Stack developer, loves his dynamic job at Israeli unicorn HoneyBook, but after work he’s busy practicing his lip-sync for his drag show. Read more
Spotlight | NovaGreen wants your pot to be clean and radiation-free. Using cold plasma technology, the startup from Kibbutz Megido aims as
high as it can. “We really feel like all eyes are on us,” said CEO and co-founder Ronen Lam. Read more
Welcome to the Metaverse… whether you like it or not. ByondXR has
joined CTech to discuss all the ways that tech giants will take us into an ecosystem of virtual existence. Read more
The femtech duo analyzing discharge to detect female-related diseases. Medical professionals often diagnose diseases based on bodily fluids, but vaginal discharge has long been considered taboo. “Most men don’t
even know what it is,” say Dr. Shlomit Yehudai-Reshef and Dr. Inbal Zafir-Lavie, of Gina Life, who are developing a home-testing kit to detect a variety of diseases, from endometriosis to cervical cancer. Read more
AI developer Cortica and Johnson Electric launch $8.5 million
autonomous inspection startup. The new venture, named Lean AI, will leverage JE’s knowledge and experience in manufacturing processes and Cortica’s autonomous AI technology. Read more
“Diversity in hiring is good for business.” Nokia VP Guy Shemesh sees
great value in hiring outside the common talent pool, and with the help of organizations like itworks he insists “high-tech is not only for a certain kind of people.” Read more
“Innovation is opening doors and building bridges for Israel.” Ahead
of the iHLS INNOTECH conference, Ran Natanzon, the person tasked with shaping Israel’s story at the Ministry of Foreign Affairs shared with CTech why Israeli innovation is so crucial in diplomacy. Read more
Leumi Partners setting up new tech fund with IDF vets. The size of the
new fund to be named “The Garage” is set to be at least $110 million and it will be led by entrepreneurs Omer Nagar, Eyal Redler, and Shay Dan. Read more
“People don’t realize that every time we swipe a card or navigate a
car we’re accessing space tech.” Four female space experts spoke during a panel moderated by Israel’s next astronaut about adopting dual-use technologies to better our future. Read more
DAZN acquires video streaming startup Texel, opening innovation hub in Israel. The sports media giant is aiming to develop interactive and engaging content layers as part of DAZN’s sports streaming service. Read more
Israeli startup develops world’s first saliva-based rapid pregnancy
test kit. The kit leverages saliva-based hormone detection technology pioneered by Israeli company Salignostics and delivers accurate results in just 10 minutes. Read more
NSO would-be CEO steps down just two weeks after joining embattled company. Itzik Benbenisti was named as the spyware company’s new CEO last month, but announced that he is leaving on Thursday following
NSO’s blacklisting by the U.S. Commerce Department. Read more
Geneyx raises $10 million seed round for genetic data analysis
platform. The Israeli startup’s funding round was led by Capri Ventures and Accenture Ventures, with Geneyx to also join Accenture’s Project Spotlight Accelerator Program. Read more
Israeli startup Anachoic partners with LIME to keep electric scooter
riders safe. Anachoic’s HAALO system, based on micro-radar and geared
to powered two-wheelers, delivers a real-time threat detection and warning system for riders. Read more
How the IDF is recruiting the Israeli startup industry. The innovation
center of the Israel Ministry of Defense is getting ready to select five startups for a six-month cohort for companies developing dual-use technological projects for the civilian and security sectors. Read more
Idomoo to integrate personal video technology in El-Al’s costumer
experience system. The Israeli company works with the likes of American Express, Barclays, Allinaz Insurance, Disney, Google and the four largest banks in the U.S., and is now targeting the Israeli market. Read more
A Day in a Life | A JoyTunes Senior Product Designer at day, @Cocomusa at night. Marina Sokolov finds art and aesthetic expression everywhere she goes, whether as a product designer at JoyTunes or as an Instagram artist persona. Read more
Opinion | Irrational NFT exuberance requires new IP law. “The booming NFT market demands the creation of a new sui generis form of intellectual property protection to prevent third parties from passing off NFTs of works that are not theirs,” writes Dov Greenbaum. Read more
Tech TLV | Biolojic Design’s mission to “apply new technology to old
biology” to fight disease. Yanay Ofran spoke at Tech TLV about the importance of antibodies and how AI can help humankind. Read more
How does Namogoo prevent customer ‘hijacking’? Speaking at Tech TLV, Ohad Greenshpan from Namogoo explains how the company keeps customers on their online journey for retailers. Read more
Lusha achieves unicorn status with $205 million Series B at $1.5
billion valuation. After being bootstrapped for its first five years, the sales intelligence platform has raised $245 million over the last nine months. Read more
Minute Media acquiring bootstrapped startup Wazimo for $60-70 million. The Israeli startup specializes in combining engaging content with
advanced technology to drive audience growth and monetization, and will
help Minute Media enhance its video and multimedia publishing platform. Read more
TriEye secures $74 million for Short-Wave Infrared sensing solution.
Based on academic research, the Israeli startup’s technology enables cost-effective, high-resolution image data and depth perception in all weather and lighting conditions. Read more
ControlUp raises $100 million for remote work management platform. The Israeli company’s platform brings together a diverse set of real-time metrics across mission-critical SaaS applications. Read more
Gett announces $1 billion SPAC merger. The Israeli-founded company has been looking into going public for the past two years, with its CEO already saying back in 2019 that it plans to do so by the end of that year. Read more
VC 83North big winner of DoorDash-Wolt deal, stake now worth over $1 billion. The Israeli VC led a $30 million funding round in Wolt in 2019 and is currently the company’s biggest shareholder. Read more
Vimeo acquires Wibbitz in underwhelming exit. The Israeli video creation platform was bought for significantly less than the $30 million it has raised since its founding 10 years ago. Read more
What is the role of Startup Nation in Israel’s next 100 years? CTech
spoke to former Israeli Ambassador to the U.S Michael Oren about his ambitious manifesto, Israel 2048. Read more
Bank Leumi leads $13.5 million round in GigaSpaces. The Israeli banking powerhouse will also integrate GigaSpaces Big Data tech into its systems. Read more
Video reenactment company D-ID partners with MyHeritage in multi-million dollar deal. The partnership will help the companies expand and develop new AI features for historical photos. Read more
Tech TLV | Otonomo: “Data is not a second-degree citizen anymore.” Speaking at Tech TLV, Otonomo Co-founder and CEO Ben Volkow shared his view of data in the automotive space. Watch full video
Axis Security: “Organizations scrambled to maintain business
continuity” during Covid-19. Gil Azrielant, Co-founder and CTO at Axis Security, spoke at Tech TLV about how businesses have to always be forward-thinking. Watch full video
