Tagged: israel

July 15, 2019 @ 3:50 pm By JD Alois  |  

Securities crowdfunding has been touted as the future of capital formation on this site and the pages of many other newspapers. The traditional venture capital industry has effectively fueled innovative young firms for decades but, too frequently, smaller investors are being cut out of the… Read More

July 10, 2019 @ 7:33 am By JD Alois  |  

Following a recent trip to Israel by New York State Governor Andrew Cuomo, a broad group of economic partnership agreements has been forged between the state and Israel. Included in the development partnerships is Fintech. Governor Cuomo issued a statement saying “New York is open… Read More

June 25, 2019 @ 5:45 pm By Cali Haan  |  

Two computer programmers in Israel, brothers Eli and Assaf Gigi, have been arrested in Jerusalem and accused of operating a sprawling phishing scam that helped them steal 120 000 bitcoins from the Bitfinex trading platform in 2016. According to Israeli crime reporting site Posta, “They… Read More

June 17, 2019 @ 10:57 am By JD Alois  |  

OurCrowd portfolio company Zebra Medical Vision has received its third FDA clearance for its HealthICH product which is an AI alert for intracranial hemorrhage (ICH), based on head CT scans. The process is said to be the first of its kind. The Zebra Med solution… Read More

June 11, 2019 @ 11:35 am By JD Alois  |  

Following the outsized success of BeyondMeat’s (NASDAQ:BYND) initial public offering, OurCrowd and its partners have received government approval to operate Israel’s Foodtech incubator. OurCrowd, along with Finistere Ventures, a global agrifood investment leader, Tnuva, Israel’s food manufacturer, and Tempo Beverages, the leading Israeli beverage company,… Read More

June 8, 2019 @ 4:54 pm By JD Alois  |  

Insurtech Lemonade is going public. This is according to multiple reports indicating the early stage insurance company is going public at an approximate $2 billion valuation. Lemonade last raised capital in April with a $300 million round led by Softbank. Lemonade may seek up to… Read More

June 6, 2019 @ 2:06 pm By David Williams, Ph.D.  |  

Just because you live in a safe neighborhood, do you leave your house unlocked? Do you leave the key under the doormat? Does that sound safe? Then why would you leave your digital assets in a vulnerable account where a company could just walk in… Read More

June 6, 2019 @ 1:24 am By Cali Haan  |  

The Israeli Supreme Court has ordered Bank Leumi to restore services to cryptocurrency exchange platform Bits of Gold, according to a blog post. Bank Leumi had been previously ordered to restore banking to Bits of Gold last February, but that order was only temporary and Bank… Read More

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