Tagged: israel

January 29, 2025 @ 12:00 pm By JD Alois  |  

Online investment platform OurCrowd has once again been recognized as the most active venture investor in Israel – which remains a hot startup market. OurCrowd noted that this is the 11th year in a row that it has been recognized as Israel’s most active venture… Read More

January 27, 2025 @ 11:57 am By Omar Faridi  |  

BitStock, an Israeli fintech startup, has successfully secured an additional $400,000 in funding, bringing its total investment to $1 million. This fresh capital injection will be allocated towards enhancing marketing efforts, driving sales, advancing research and development, and bolstering operational activities. Founded in 2024, BitStock… Read More

January 23, 2025 @ 10:50 am By Omar Faridi  |  

The financial world has seen significant volatility and transformation over the past several years, with some sectors experiencing steady growth. Equities and crypto / digital assets markets, in particular, have seen a considerable surge, attracting a new generation of investors eager to capitalize on these… Read More

December 26, 2024 @ 8:16 am By Tony Zerucha  |  

2024 was a pivotal year for 40Seas as it seeks to become the Salesforce of cross-border trade finance. Co-founder and CEO Eyal Moldovan said the sector is long overdue for disruption. Moldovan said his clients are still adapting to a post-COVID-19 world, which has fostered… Read More

December 22, 2024 @ 10:05 am By Michael Wong  |  

Israeli Fintech company Morning is set to be acquired by Italian software firm TeamSystem for an estimated $150 million, according to sources cited by CTech. The sale represents a major milestone for Morning, which is best known for its “Green Invoice” SaaS platform offering invoicing… Read More

December 16, 2024 @ 12:40 pm By JD Alois  |  

OurCrowd revealed a new VC investment center in Abu Dhabi to manage deals for its platform while expanding its market back in late 2022.  At the same time, the investment platform announced an AI hub named Integrated Data Intelligence Ltd (IDI), which seeks to develop… Read More

December 5, 2024 @ 7:19 pm By JD Alois  |  

According to a report from Israel, startups in the country generated $8.1 billion in funding during 2024. At the same time, mergers and acquisitions set a new record at $10.5 billion in deals. The report was published during the annual “2024-2025 Trends and Forecasts” conference,… Read More

November 25, 2024 @ 11:32 am By JD Alois  |  

OurCrowd, a top securities crowdfunding platform, has distributed an update on its “fast-growing” funds sector, which now reports that fund assets will top $1 billion next year. Currently, there are approximately $800 million in assets in the Funds Division across four types of funds. These… Read More

October 24, 2024 @ 9:34 am By Tony Zerucha  |  

The latest edition of LexisNexis Risk Solutions’ Taking the Pulse of Major Sanctions Lists suggests a heightened level of sanctions activity may be the new normal. The report analyzes activity from the United Nations (UN), European Union (EU), Office of Foreign Assets Control (OFAC), and… Read More

September 29, 2024 @ 12:31 pm By Michael Wong  |  

Israel officially joined the Asian Development Bank (ADB) as its 69th member and 20th nonregional member on Thursday, after fulfilling all necessary membership requirements. Israel submitted its application for ADB membership in January 2022. The ADB Board of Governors approved the membership on April 14,… Read More

September 25, 2024 @ 7:56 pm By JD Alois  |  

Global online investment platform OurCrowd has appointed a new Chief Operating Officer. Yuval Illuz previously worked at Standard Chartered Bank where he focused on innovation and disruptive technologies, according to Calcalistech. Jon Medved, founder and CEO of OurCrowd, commented on the new hire: We are… Read More

September 16, 2024 @ 9:02 am By JD Alois  |  

For years, OurCrowd has consistently ranked as a top venture capital fund in Israel. In a recent report issued by KPMG, OurCrowd was once again highlighted as the most active large VC in Israel during the first half of 2024. OurCrowd is an online investment… Read More

September 9, 2024 @ 8:11 am By Omar Faridi  |  

Sedric AI, the compliance-dedicated AI platform for financial institutions, announced it has closed a $18.5 million Series A funding round to further its efforts to transform compliance operations across the industry. The latest funding round, led by Foundation Capital with participation “from Amex Ventures, brings… Read More

August 29, 2024 @ 10:36 am By JD Alois  |  

Crypto launchpad Gems is reporting having raised $198 million to “unearth genuine gems in the Web3 landscape. The Israel based entity explained the money will be divvied up among its first three projects. The launchpad is said to bring together a huge network of investors,… Read More

August 27, 2024 @ 8:35 am By Omar Faridi  |  

Revolut has reportedly signed a global Visa Direct agreement for cross-border business transfers. Revolut has joined forces with Visa in order provide business clients with instant card transfers for cross-border transactions. Digital bank Revolut officially announced that it entered an agreement with Visa Direct agreement… Read More

August 25, 2024 @ 9:40 am By Omar Faridi  |  

The Bank of Israel announces the issuance of an identification code to a second global fintech company that has chosen to operate in Israel as “a participant in a controlled payment system” – Revolut Ltd. Participants in the Israeli payment systems are “identified using a… Read More

August 13, 2024 @ 1:28 pm By JD Alois  |  

Artificial intelligence (AI) firm Groq has raised $640 million in a funding round led by BlackRock Private Equity Partners. Other existing and new investors included Neuberger Berman, Type One Ventures, and strategic investors, including Cisco Investments, Global Brain’s KDDI Open Innovation Fund III, and Samsung… Read More

July 30, 2024 @ 8:00 am By JD Alois  |  

Blue Tree Technologies, a Foodtech that removes sugar from common foods, has raised $2.26 million in a funding round led by online investment platform OurCrowd. Sucden Ventures also participated in the funding round. Founded in Israel in 2020 by Didier Toubia, a co-founder and former… Read More

July 24, 2024 @ 1:13 pm By JD Alois  |  

Dazz, a cybersecurity firm, reports having closed a $50 million funding round. Greylock led the round, which included Cyberstarts, Insight Partners, and Index Ventures. In total, Dazz has raised $110 million in funding. Launched in 2021, Dazz focuses on “legacy vulnerability management” and addressing these… Read More

July 18, 2024 @ 4:02 pm By JD Alois  |  

Online investment platform OurCrowd has invested in CytoReason as part of an $80 million funding round. OurCrowd joined a group of big names in supporting the firm as NVIDIA, Pfizer, and Thermo Fisher all participated in the funding round. Bank Hapoalim was said to have… Read More