Tagged: israel

June 3, 2021 @ 10:42 am By JD Alois  |  

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

May 30, 2021 @ 10:53 pm By Samantha Hurst  |  

    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

May 23, 2021 @ 8:31 pm By JD Alois  |  

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

May 20, 2021 @ 11:15 am By Omar Faridi  |  

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

May 10, 2021 @ 8:23 am By JD Alois  |  

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

April 12, 2021 @ 3:23 pm By Samantha Hurst  |  

  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

April 11, 2021 @ 5:20 pm By Omar Faridi  |  

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

April 9, 2021 @ 4:51 pm By JD Alois  |  

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

April 7, 2021 @ 10:42 am By JD Alois  |  

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

April 1, 2021 @ 11:35 am By JD Alois  |  

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

March 22, 2021 @ 11:00 am By JD Alois  |  

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

March 22, 2021 @ 7:03 am By JD Alois  |  

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

March 17, 2021 @ 11:40 pm By JD Alois  |  

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

March 16, 2021 @ 2:30 pm By Samantha Hurst  |  

  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

March 16, 2021 @ 2:30 am By JD Alois  |  

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

March 11, 2021 @ 7:24 am By Omar Faridi  |  

Leumi (TASE: LUMI), which is one of Israel‘s most well-established banks, and Tarya Fintech, the nation’s largest peer to peer lending platform, will be developing and adapting Leumi’s mortgage system, as part of the bank’s business transformation initiative. With Tarya’s financial technology and Leumi’s leadership… Read More

March 10, 2021 @ 1:00 am By JD Alois  |  

Top global investment platform OurCrowd has appointed Dr. Hasanat Dewan as Chief Innovation Officer.  Simultaneously, OurCrowd announced a Global AI (artificial intelligence) Innovation Center at an undetermined location. According to OurCrowd, Dr. Dewan will oversee the development and deployment of OurCrowd’s next-generation platform, supporting a… Read More

March 8, 2021 @ 1:33 pm By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Monday it has agreed to acquire Curv, a cloud-based infrastructure for digital asset security that is based in Israel, to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Founded in 2018, Curv states… Read More

February 23, 2021 @ 9:40 am By JD Alois  |  

  Global investment crowdfunding platform OurCrowd has published its Jobs Index, a report that the company plans to publish quarterly, that indicates startups are increasing hiring despite the ongoing pandemic challenges. According to OurCrowd, high-tech startups with job openings in Israel have risen by 400%… Read More

February 21, 2021 @ 3:13 pm By Omar Faridi  |  

  Record-breaking funding, massive initial public offerings and unprecedented valuations are all now a part of what may be described as the Fintech “gold rush.” From September of last year until January 2021, the Fintech industry in Israel acquired around $1.4 billion in funding, which… Read More