Tagged: israel

OurCrowd Joins $27.8 Million Series C of Sight Diagnostic Creator of Point-of-Care Blood Diagnostics System

OurCrowd has joined in the Series C funding of Medtech firm Sight Diagnostics. The company is creating a lab-grade point-of-care blood diagnostics system “OLO.” This system is designed to provide patients with lab-grade blood testing results in minutes rather than days by combining AI with… Read More

Hacker Now Selling 747 Million People’s Data on Dark Net, Including Data of 450 000 Coinmama Crypto Exchange Users

A hacker that posted 620 million individual’s data for sale earlier this week on the Dark Net marketplace “Dream Market” has now added the private data of an additional 127 million people, including 450 000 users of the Israel-based crypto exchange, Coinmama, TechCrunch reports. The… Read More

Israeli NGO Threatens to Sue Coinbase for Hosting Hamas Crypto Account

A civil rights organization in Israel has reportedly written to American crypto exchange Coinbase to advise them that, “…knowingly providing material support or resources to Hamas is a violation of US federal criminal law…” The Jerusalem Post reports. The Israeli newspaper Globes reported last week that an Isreali… Read More

OurCrowd Portfolio Company C2A Raises $6.5 Million Series A

C2A Security, a tech firm providing in-vehicle solutions preventing cyber attacks, has closed on a $6.5 million Series A round. The round was led by Maniv Mobility and ICV with participation from Labs/02 – part of the OurCrowd platform. According to a release, C2A has developed… Read More

OurCrowd Global Investor Summit Highlights Impact of Startup Technology

OurCrowd, the world’s largest investment crowdfunding platform and Israel’s most active venture investor, has posted the agenda for the OurCrowd Global Investor Summit scheduled for this coming March in Jerusalem, Israel.  The Summit theme is “Startups: Making a Global Impact.” The OurCrowd investment community currently consists… Read More

Spice VC Ranked 6th in Most Active VCs List in Israel

Crypto proponent Spice VC has been recognized as a top VC in Israel, according to a report published by IVC Research Center. Spice VC is the first ever tokenized VC fund and claims to be the 4th security token ever issued. Israel has been labeled… Read More

Israeli Serial “Blockchain Entrepreneur” Moshe Hogeg Sued Again for Alleged Misuse of ICO Funds

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Moshe Hogeg, a high-profile Israeli crypto startup founder (Invest.com, Stox, Sirin Labs) previously sued by Invest.com investors, is now being sued by a Chinese cryptocurrency investor who claims Hogeg has been misusing funds he raised in an initial coin offering (ICO) for the creation of… Read More

Brief: Lending Express CEO & Co-Founder Eden Amirav Shares Insight on SMB Sector, Growth & US Gov’t Shutdown

Yesterday the Israeli tech company Lending Express, celebrated surpassing $100 million in financing facilitated between small and medium business owners and online lenders and obtaining state permission to open for business in California. The lending platform, led by CEO & Co-Founder Eden Amirav, is poised for further growth… Read More

Lending Express Celebrates $100M Lending Milestone & California’s Golden Opportunities

Lending Express, an Israeli tech company dedicated to creating a better world of funding for SMBs, has surpassed $100 million in financing facilitated between small and medium business owners and online lenders. Lending Express also obtained state permission to open for business in California. The… Read More

OurCrowd Targets Emerging Cannabis Industry with 7thirty Opportunity Fund

Leading investment crowdfunding platform OurCrowd is jumping into the hot cannabis sector. OurCrowd has launched a $30 million cannabis tech fund called 7thirty Opportunity Fund. OurCrowd said it will build the “world’s leading global cannabis technology venture capital fund.” The new fund is said to… Read More

OurCrowd Portfolio Company Hailo Extends Series A Funding as Chinese VC Glory Ventures Leads increase to $21 Million

OurCrowd portfolio company Hailo has extended its Series A funding round as additional investors gained interest in the firm. Hailo is a developing a “deep learning processor,” that seeks to empower intelligent devices with the performance of a data center-class computer, operating in real time at… Read More

OurCrowd Signs Partnership Agreement with South Korea’s Hana Bank to Support Innovation Ecosystem

The global leader in equity crowdfunding, OurCrowd, has signed a new investment partnership agreement with South Korea’s KEB Hana Bank. The move by OurCrowd is further indication of its growing relationship with institutional investors and its significant foothold in Asia. In a release, OurCrowd said… Read More

Crowdfunding Standout OurCrowd to Highlight 14 Portfolio Companies at CES: See Before You Invest

OurCrowd, the largest investment crowdfunding platform in the world and Israel’s most active venture investor, says it will showcase several portfolio companies at this year’s Consumer Electronics Show (CES.) OurCrowd, while based in Israel, has taken a very global approach in providing access to capital… Read More

Central Bank of Israel Requesting Submissions from the Public on How to Regulate “Digital Asset” Sector and DLT for Finance

The Central Bank of Israel is soliciting position papers from the general public regarding how the country should support and regulate domestic cryptocurrency/security token ventures and distributed ledger technology (DLT) for finance in the country. The bank has assembled a team (“The Interministerial Team for Regulatory… Read More

KPMG Appoints Binah.ai As New Fintech Partner

Fintech

KPMG Fintech Israel, a local partner of the leading global network of professional advisory services firms providing guidance to financial institutions, announced on Tuesday it has named Binah.ai as its new fintech partner. According to KPMG, Binah.ai makes data science accessible with out-of-the-box financial services-focused use cases, combining… Read More

Israel Credit Card Company Isracard Selects Temenos T24 Core Banking

Temenos (SIX: TEMN), the banking software company, announced on Tuesday that Isracard, a credit card company in Israel, has selected Temenos T24 Core Banking. Temenos reported its digital open banking platform will help Isracard achieve its strategic goal of simplifying its systems architecture and enabling… Read More

Six Months After Expanding, Bitmain Closes Israeli Development Centre

Poor prices and the “general decline” of crypto markets have claimed another casualty, Globes reports. This time it’s in Ra’anana, Israel, where a Bitmain development facility started in 2016 and expanded in July will be closed this week and 23 employees laid off. The facility’s… Read More

Israel Tax Authority Hunting Undeclared Crypto Profits

Over the past two weeks, the Israel Tax Authority has opened tax accounts for hundreds of Israelis it believes failed to report profits from cryptocurrency investing, Calcalist reports. The authority is also striking deals with Israeli crypto exchanges obliging them to report big transactions. Notices… Read More

OurCrowd Global Investor Summit Returns as Israel’s Largest Investor Event

Global investment platform OurCrowd has announced it will host its 5th annual Global Investor Summit this coming March in Jerusalem, Israel. The event expects attendee registration to top 15,000 making it the largest investment crowdfunding conference in the world. The theme for 2019 will be… Read More

Former Prime Minister of Israel Ehud Barak Slams Cryptocurrencies as a “Ponzi Scam”

Former Prime Minister of Israel Ehud Barak is not a fan of cryptocurrencies.  According to a report in Globes, Barak considers crypto and Bitcoin one big Ponzi Scam. Barak served as the tenth Prime Minister from 1999 to 2001 and was the leader of the… Read More

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