Tagged: israel

June 4, 2019 @ 12:52 pm By JD Alois  |  

Beyond Meat (NASDAQ:BYND) completed an initial public offering (IPO) in May raising $240 million at a valuation of about $1.5 billion. The unicorn has since bucked the recent IPO trend – rocketing quite a bit higher. As of today, Beyond Meat is trading at over… Read More

June 2, 2019 @ 2:24 pm By JD Alois  |  

Cannabis company BOL Pharma (Breath of Life International) is preparing an initial public offering on the Toronto Stock Exchange (TSX). This is according to a company release and a preliminary prospectus filed in Canada. It was reported that BOL will have a valuation of around… Read More

May 30, 2019 @ 5:02 am By JD Alois  |  

Leading investment crowdfunding platform OurCrowd has announced that Alec Ellison, former Vice Chairman of Jefferies, LLC, and former Chairman of Jefferies’ Technology Investment Banking group, as well as the Founder of Outvest Capital, has been appointed Chairman of the Board of OurCrowd Management for the… Read More

May 29, 2019 @ 9:54 am By JD Alois  |  

Global crowdfunding platform OurCrowd has partnered with Finistere Ventures, along with food manufacturer Tnuva and Tempo Beverages, in a new partnership to invest $100 million in Foodtech and Agtech innovation. Finistere Ventures is a global agrifood investment firm. Tnuva is Israel’s largest food manufacturer and… Read More

May 26, 2019 @ 9:11 am By JD Alois  |  

Israel’s intelligence agency Mossad is moving deeper into venture capital. The agency has launched a new website for its venture arm Libertad – a name derived from Latin that means Freedom. It is also the name of a ship that carried Jewish immigrants setting sail… Read More

May 23, 2019 @ 11:51 am By JD Alois  |  

Tel Aviv University and  Moshe Hogeg have joined to launch the Hogeg Blockchain Research Institute. Hogeg is not without controversy having been the target of several lawsuits. Hogeg is the founder of Sirin Labs that raised a reported $158 million in an initial coin offering…. Read More

May 22, 2019 @ 7:50 am By JD Alois  |  

Voom is poised to provide on-demand insurance following the completion of a $5 million Series A funding round, according to a note from the company. Voom, a Tel Aviv based startup, received the capital injection from Arbor Ventures with participation from returning investors F2 Capital,… Read More

May 16, 2019 @ 11:26 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has scheduled a Fintech Forum to take place at the end of this month at their headquarters in Washington, DC. Blockchain and digital assets will be the main topic of discussion. But while interest in the event, which will… Read More

May 16, 2019 @ 10:39 am By JD Alois  |  

MultiVu, a tech company creating 3D imaging solutions, has closed on a $7 million seed round led by OurCrowd – Israel’s most active venture investor. OurCrowd was joined by Cardumen Capital and Hong Kong-based investment firm Junson Capital. MultiVu said it intends to use the… Read More

May 13, 2019 @ 9:52 pm By Cali Haan  |  

Police from the Tel Aviv Police Cybercrime Unit have arrested two Israeli citizens accused of running a Dark Net media site called “Deepdotweb.” Several other French, German, Dutch and Brazilian nationals have also been arrested in an operation coordinated between local authorities and the US… Read More

May 13, 2019 @ 12:39 pm By JD Alois  |  

Commercial real estate crowdfunding platform iintoo has stepped up and acquired the assets of defunct platform RealtyShares. Deal terms were not disclosed. The news was revealed in a release from iintoo. RealtyShares, previously a leader in the real estate crowdfunding sector, shocked the market when… Read More

May 13, 2019 @ 11:31 am By JD Alois  |  

Zebra Medical Vision, a medical imaging analytics company, has received FDA 510(k) clearance for “HealthPNX – an AI alert for pneumothorax (PNX), based on chest X-rays.” Zebra is an OurCrowd portfolio company. Pneumothorax is described as a condition in which there is an accumulation of… Read More

May 7, 2019 @ 9:49 pm By JD Alois  |  

QEDIT, a provider of zero knowledge proof blockchain, has announced a new partnership with Ant Financial, VMWare and RGAX – a subsidiary of the Reinsurance Group of America. The announcement follows a significant $10 funding round led by MizMaa Ventures with participation from Ant Financial,… Read More

May 5, 2019 @ 9:47 pm By JD Alois  |  

Beyond Meat Inc. (NASDAQ:BYND), completed an initial public offering (IPO) last week raising approximately $240 million on a valuation of $1.5 billion at $25/share. Once listed on NASDAQ, Beyond Meat jumped far beyond its initial pricing quickly rising in value topping $3.8 billion at over… Read More

April 23, 2019 @ 9:17 pm By Cali Haan  |  

An Israeli named Afik Wore has been indicted for allegedly stealing 6.2 million shekels ($1.7 million USD) worth of cryptocurrency from a friend who taught him how to trade it, News 1 reports. According to the outlet, Eliat resident Alexei Yaromenko, a cryptocurrency trader since 2013,… Read More

April 18, 2019 @ 11:33 am By Cali Haan  |  

Sirin Labs, a “blockchain smartphone” company that raised $255 million in two ICOs, has confirmed it is laying off employees, Israeli news outlet Globes reports. Contrary to media reports of larger numbers let go, Sirin Labs says it is only laying off 15 of 60… Read More

April 3, 2019 @ 8:36 am By Cali Haan  |  

Cryptomining company Bitfarms (formerly Blockchain Mining) lost $18.2 million during the 2018 crypto bear market and will shortly be delisted from the Tel Aviv Stock Exchange (TASE), Isreali news outlet Globes reports. Meanwhile, the company has reportedly sought to establish a foothold in Ontario, where… Read More

March 26, 2019 @ 9:32 am By JD Alois  |  

Lending Express is a Fintech on a mission to become the leading site for SME lenders – globally. Lending Express has offices in both the US and Israel, which has a hot Fintech sector. To date, the site has helped to fund over $125 million… Read More

March 25, 2019 @ 3:19 pm By JD Alois  |  

For the second year in a row, investment crowdfunding platform OurCrowd has been recognized as the most active venture investor in Israel. The ranking was provided by venture data tracking company Pitchbook.. OurCrowd recently held its annual investor summit which drew over 18,000 registrations as… Read More

March 23, 2019 @ 9:30 am By Cali Haan  |  

A comprehensive malware called “CardinalRAT” has been used to target two Israeli Fintech companies, “who write software relating to forex and cryptocurrency trading,” cybersecurity firm Palo Alto Network writes. Attackers appear to be motivated by financial gain. Once installed, CardinalRAT malware allows attackers to: Collect victim information  Update… Read More