Category: Business

U.S. Investments Firm BlackRock Buys 3% Stake in Israel’s Bank Hapoalim The shares previously belonged to Shari Aronson. Bank Hapoalim Offices (Wikipedia) BlackRock, an American asset management firm, has revealed that it is the buyer of Shari Arison’s shares in the Israeli Bank Hapoalim (TASE: POLI) which she sold two weeks ago. According to the […]

Billionaire Philanthropist Eli Broad Dies at 87 Eli and his wife Edythe endowed two different foundations. Eli Broad (From memorial video on YouTube) Billionaire entrepreneur and philanthropist Eli Broad died on Friday. He was 87. He was best known as an art collector who was crucial in helping to promote the art scene in Los […]

Israel Startup Nation Raises More Than $2 Billion for New Tech Companies in April This included three new unicorns. Joel Bar-El and Dror Feldheim, Trax promo pic In total, Startup Nation brought in $2.2 billion in new funding in just the month of April alone. Three new companies hit unicorn status, a valuation of more […]

Nano Dimension Acquires NanoFabrica for $60 Million NanoFabrica is a micro mechanics 3D-Printing company. NanoFabrica (Press release) Nano Dimension, an Israeli company in the 3D printed electronics (Additively Manufactured Electronics (AME)/PE) field, has bought out fellow Israeli company NanoFabrica Ltd. a developer of new technology and turn-key systems for precise 3D-micro-printing (or precision additive manufacturing). […]

Chunk Foods Is an Israeli Alternative Meat Startup The company raised $2 million. New Israeli startup Chunk Foods develops meat-alternatives. The company has raised $2 million in a pre-seed round led by Kansas firm Stray Dog Capital, Good Seed Ventures, and the MIT-affiliated E14 Fund. Chunk Foods leverages cutting-edge fermentation technology to produce whole-cut plant-based […]

Five Steps for Successful Technology Change Management By Contributing Author Keeping up with technology is challenging. Technology is advancing rapidly, lowering barriers to entry. It’s also becoming more pervasive in our lives and jobs. However, the more you put off technological change, the more difficult (and longer) your adjustment period will have to be. As […]

Israel High Tech Scene Week In Review Apr 24 – May 1 Tel Aviv at sunset, Israel New Startups / VC FundingVESSL Therapeutics Is A Medtech Startup Offering New Cardiovascular TreatmentsThe company just raised $16 million. Israeli medtech startup VESSL Therapeutics develops new treatments for a wide range of blood-vessel-related disorders. AirEye Cybersecurity Startup Offers […]

Eclipse Ventures Has New $500 Million Fund This brings Eclipse’s total assets under management to almost $2 billion. Eclipse Ventures founder Lior Susan (company pic) Eclipse Ventures has opened Eclipse Fund IV, a $500 million venture capital fund twitch it says will continue early-stage investing in the digital transformation of its essential industries. This includes […]

5,000 Israeli Government Workers Victimized by Hackers Israel came in 24th worldwide. Israeli government employees were not immune to a massive hacking campaign conducted by the Brazilian network security company Syhunt. The hack was committed by COMB21, which Syhunt says was behind the biggest known compilation of password leaks ever publicly published. This occurred on […]

Suspected $1.5 Million Embezzlement at eToro Under Investigation eToro is looking to a $10 billion IPO. Yoni Assia, co-founder and CEO, eToro — Doron Letzter eToro A new cloud hangs over eToro just as the Israeli form looks towards its initial public offering, which the company hopes will bring it a $10 billion valuation. Israeli […]