Nearly three years after its debut on the Canadian Stock Exchange, Israeli foodtech company Beyond Oil is experiencing a remarkable stock surge. The company, which initially struggled with fluctuating stock prices, saw its shares drop to a low of 0.5 Canadian dollars....
Israeli Online Presence and the Battle Between Tech Giants
In the ever-evolving digital landscape, tech giants Apple and Meta (formerly Facebook) continue their battle for consumer attention, each pushing the boundaries of innovation and user engagement. While Apple remains firmly rooted in its hardware-centric business...
Chinese Startup DeepSeek Challenges US Giants with Cheaper, More Efficient Model
Amid rising tensions and restrictions imposed by the United States on China’s access to cutting-edge technology, a Chinese startup named DeepSeek has emerged as a major disruptor in the field of artificial intelligence. The company has developed AI models that are not...
Founder of Stripe Visits Tel Aviv, Sparking Speculation
Patrick Collison, the Irish-born co-founder and CEO of the global payments giant Stripe, has revealed his arrival in Tel Aviv during a visit to Israel. Sharing a photo of the city’s iconic seaside promenade on the social platform X (formerly Twitter), Collison...
U.S.-Based Bitsight Acquires Israeli Cyber Intelligence Firm Cybersixgill for $130 Million
American cybersecurity company Bitsight has acquired Israeli threat intelligence firm Cybersixgill in a deal valued at approximately $130 million. Elron Ventures, a major investor in Cybersixgill, is expected to receive around $22 million from the transaction. Founded...
XTEND Raises $40 Million in Funding After Proving Drone Capabilities in Combat
XTEND, an Israeli drone manufacturer specializing in attack and intelligence drones, has successfully raised $40 million in a Series B funding round. The funding follows the proven performance of XTEND's drones in urban combat during the war with Hamas. While the...
Nvidia Acquires Israeli Start-Up Run:ai for $700M
Nvidia, a renowned leader in graphics processing units (GPUs) and artificial intelligence (AI) technologies, has made a significant move in the tech industry by announcing the acquisition of Israeli start-up Run:ai. The company has developed an innovative operating...
Unprecedented Intercept: Israel’s Defence Triumphs Against Iranian Assault
The Iranian parliament erupted in celebratory chants of "Death to Israel!" on a Sunday morning, hailing what they perceived as a successful missile and UAV attack on Israel. However, despite the fervor of the moment, the reality paints a different picture: almost 99%...
Mergers and Acquisitions in Israel’s High-Tech Surge to Nearly $4 Billion Amidst War
Amidst the challenges posed by the war with Hamas in Gaza strip, new insights from Startup Nation Central (SNC) shed light on the robustness of the Israeli tech sector. The data, released today, reveals a remarkable resilience despite the backdrop of the ongoing war,...
Israeli Startups Experience Significant Decline in Funding Despite Stock Market’s Bull Run
In the wake of the War with Hamas, a recent report by the Fusion Fund sheds light on the state of pre-seed investments in Israel's startup ecosystem. The report, covering investments in the pre-seed stage throughout 2023 and early 2024, reveals a significant downturn...