Tagged: israel

AI Fraud Protection Firm Servicing Digital Goods nSure.ai Raises $6.8 Million Seed Round

Israel-based nSure.ai has raised a $6.8 million Seed round led by DisruptiveAI, Phoenix Insurance, Kamet (an AXA backed VC), Moneta Seeds and other individual investors. nSure.ai is a “predictive AI fraud protection company” that services digital goods such as gift cards, prepaid debit cards, software… Read More

INX Acquires Israeli Broker ILS Brokers Ltd

INX Limited, a digital platform that provides trading for crypto and digital securities, has acquired ILS Brokers Ltd (ILSB) based in Israel. According to a company release, ILSB is an interdealer-broker with over 50 tier-1 and tier-2 global bank relationships focusing on OTC trading of… Read More

Founder-First VC Meron Capital to Invest $50 Million in Israeli Deep-Tech Startups Including Fintechs

Founder-first VC Meron Capital on Monday announced the close of its $50 million second fund Meron II.  The second fund will invest in 18-20 early-stage deep-technology software startups led by Israeli entrepreneurs. According to a note from the company, the fund will focus on startups… Read More

OurCrowd Portfolio Company MigVax: Tests Show Promising Results as COVID Vaccine Booster

OurCrowd portfolio company MigVax Ltd., a startup developing an oral subunit vaccine against COVID-19, has announced promising results from preclinical tests that demonstrated the effectiveness of its MigVax-101 booster for previously vaccinated persons. According to a note distributed by the company, tests carried out on… Read More

Fintech Adoption: Israel and Latvia Now Home to High-Potential Fintechs and Early-Stage Startups

During the past year, Latvia and Israel have experienced a significant surge in Fintech interest, according to a recent analysis published by the Fintech News Network. Google Trends data for the period between April 2020 and April 2021 reveals that online search queries for Fintech… Read More

OurCrowd Talks Areas of Joint Interest Between UAE and Israel

Following the Abraham Accords, initiated by the Trump administration that saw the normalization of relations between the UAE and Bahrain, OurCrowd – a top global early-stage investment platform, moved quickly to announce relations with middle east gr0ups. After quietly working behind the scenes for years,… Read More

Israel-Based Insurtech Parametrix Raises $17.5 Million Through Latest Investment Round

    Parametrix Insurance, an Israel-based insurtech startup, recently announced it secured $17.5 million through its latest investment round, which included participation from FirstMark Capital and F2 Ventures. Founded in 2019, Parametrix Insurance explained it provides insurance policies covering third-party IT downtime events such as… Read More

OurCrowd: Tech Jobs Index Jumps by 50% in Q1 2021

OurCrowd, a leading global online investment platform for early-stage firms, has published the High Tech Jobs Index Q1 2021. According to the report, job openings at OurCrowd portfolio companies have risen by 50% year over year for Q1 2021. OurCrowd states that portfolio companies are seeking… Read More

OurCrowd backed Israeli Fintech ThetaRay Secures $31M in Capital from Benhamou Global Ventures, Others

Israel-based ThetaRay, a Fintech firm that enables banking institutions to monitor payment activity in order to identify potential money laundering risks, has secured $31 million in capital via a new funding round. New ThetaRay investors reportedly include Eric Benhamou, investing via Benhamou Global Ventures, and… Read More

OurCrowd Updates on Platform Performance: Two Exits Since the Beginning of 2021

OurCrowd is one of the largest securities crowdfunding platforms in the world. Based in Israel, OurCrowd has been recognized by Pitchbook as the most active venture investor in the country with 24 different deals in 2020. OurCrowd provides a pathway for smaller investors to participate… Read More

Israel Cybersecurity Solutions Provider Talon Cyber Security Raises $26 Million Through Latest Seed Funding Round

  Talon Cyber Security, an Israel-based cybersecurity solutions provider, announced on Monday it raised $26 million through its Seed funding round, which included participation from Lightspeed Venture Partners, Team8, and Zohar Zisapel. Founded earlier this year by Ofer Ben-Noon and Ohad Bobrov, Talon Cyber Security… Read More

10 High-Potential Fintech Firms Chosen for 11th Annual Fintech Innovation Lab New York

Ten high-potential technology firms have reportedly been chosen for 11th Annual Fintech Innovation Lab New York. As noted in the announcement (published on April 7, 2021), Fintech solutions aim to leverage AI and advanced data analytics to “address key industry challenges including sustainability.” As mentioned… Read More

OurCrowd Portfolio Company Innoviz Trades on Nasdaq in SPAC Deal

LiDAR firm and OurCrowd portfolio company Innoviz (NASDAQ:INVZ) traded on the Nasdaq this week as part of a SPAC deal that was revealed earlier this year. Innoviz became a publicly listed company through a business combination with Collective Growth Corporation in a transaction sponsored by… Read More

OurCrowd 50 Index Fund Available on BNY Mellon Pershing Alternative Investment Network

Global investment platform OurCrowd has announced today that its flagship portfolio index fund OurCrowd 50 (OC50) has been added to BNY Mellon Pershing’s Alternative Investment Network. OC50 was created as a diversified investment vehicle to offer more investors access to highly vetted startups across a… Read More

Canadian Shell Company Valdy to Acquire All Outstanding Securities of INX Limited

According to a release by Valdy (TSXV:VALDY), the company has entered into a definitive agreement to acquire all outstanding securities of INX Limited. Upon completion, INX will effectively become a publicly listed company. Valdy is a shell company based in Vancouver, Canada.  Valdy was incorporated… Read More

OurCrowd to Build Dedicated Portfolio of Water and Agtech Firms in Partnership with Waterfund

OurCrowd has partnered with Waterfund to build an investment portfolio of 15 water and Agtech companies. According to a release, Waterfund has committed $50 million of capital to the OurCrowd managed portfolio, with an initial investment completed in Plenty, Inc., a vertical farming firm. Simultaneously,… Read More

OurCrowd Portfolio Company SaNOtize Moves Forward with Anti-COVID Nitric Oxide Nasal Spray, Approved for Sale

OurCrowd portfolio company SaNOtize Research & Development Corp. has received interim approval to sell its COVID-19 treatment Nitric Oxide Nasal Spray (NONS). The spray is said to protect users from viruses that enter the body through the upper nasal pathways. The spray will be sold… Read More

Fintech Focused VC Group 11 Raises $120 Million for Fifth Fintech Fund

Group 11 reports that it has raised $120 million in a “vastly-oversubscribed first closing” for its Fifth Fintech Fund. The VC says it will invest primarily in Silicon Valley-based Fintech software companies often related to Israel through their founding teams and R&D centers. Previously, Group… Read More

Pagaya Announces Expansion of PAID Shelf With $900 Million Pre-Funded Consumer Credit Deal

  Pagaya, an artificial intelligence (AI) powered investment manager, announced on Tuesday the expansion of the Pagaya AI Debt Selection Trust (PAID) shelf with $900 million committed. According to Pagaya, the demand for this PAID issuance was evidence of investors deeply trusting the platform as… Read More

OurCrowd Forms Partnership with Japan’s NTT Finance

OurCrowd has revealed that NTT Finance, a subsidiary of NTT Group (Nippon Telegraph and Telephone), will establish NTT Finance Israel LP in partnership with OurCrowd. According to OurCrowd, NTT Finance will initially commit $15 million for a dedicated investment program. OurCrowd will provide early access… Read More

Send this to a friend