-
Nov 6, 2023 | 
en.globes.co.il | Paul Graham |Meytal Veizberg
A tweet by Paul Graham, one of the founders of US technology accelerator Y Combinator, has caused a stir in Israel. Y Combinator is one of the most prestigious and successful accelerators in the world. Among the companies that have graduated from it are Dropbox, Stripe, Airbnb, and Israeli company Deel.
-
Jul 30, 2023 | 
en.globes.co.il | Meytal Veizberg
"Globes" has learned that for the first time in 15 years, Israel will not take part in the EUREKA network's Eurostars program for international funding program for SMEs wishing to collaborate on R&D projects that create innovative products, processes or services. Israel Innovation Authority said, "Israel is not participating in the current Eurostars call for proposals, although there is activity in other funding instruments in the Eureka network.
-
Jul 30, 2023 | 
en.globes.co.il | Meytal Veizberg
In the wake of the law passed by the Knesset last week abolishing the reasonableness standard in judicial review of ministerial and government decisions, international organizations have taken steps which will exact a price for Israel's tech industry.
-
Jul 23, 2023 | 
en.globes.co.il | Meytal Veizberg
Unicorns Credit: Avon Dissanayake Shutterstock Apartments sold and rented Apartments sold and rented New data from a survey conducted by Start-Up Nation Central reveals worrying trends because of the planned judicial overhaul. New data from a survey conducted by Start-Up Nation Central reveals a worrying trends in which Israel's tech industry is experiencing significant upheaval due to the government's planned legal reform.
-
Jul 12, 2023 | 
en.globes.co.il | Assaf Rappaport |Meytal Veizberg
Israeli company Orca Security has filed a suit demanding that Israeli rival Wiz is prohibited from selling its products, which Orca claims violate its patents. Orca Security, which has developed a platform for cloud security, is suing rival unicorn Wiz, which was founded by former Microsoft employees including CEO Assaf Rappaport, formerly CEO of Microsoft Israel.
-
Jul 6, 2023 | 
en.globes.co.il | Meytal Veizberg
Recent share sale deals in Israeli startups that have been seen by "Globes" reveal the extent of the tech crisis. Every year or two the valuation of a privately-held startup is reset, usually after raising money. This is in contrast to publicly traded companies that have their valuation updated daily during real-time trading in each session. Even during times when startups struggle to raise money or an economic crisis suddenly begins the valuation of a privately-held company does not change.
-
Jun 28, 2023 | 
en.globes.co.il | Meytal Veizberg
The findings of the Israel Innovation Authority's "State of the High-Tech Industry in Israel 2023" report published yesterday points to the continuation of several worrying trends including the fall in overall investments, the reliance of the domestic market on foreign investment, and the political situation which has aggravated the damage caused by the global economic crisis.
-
Jun 27, 2023 | 
en.globes.co.il | Meytal Veizberg
The Israeli startup has been caught faking data as investors led by Insight Partners scurry to retrieve their money. For several months now investors in the Israeli startup Joonko have suspected that things have not been managed properly at the company. They claim that they repeatedly asked the CEO and founder Ilit Raz to set up a mechanism to monitor financial activity, but she dragged her feet on the matter.
-
Jun 21, 2023 | 
en.globes.co.il | Meytal Veizberg
The company its system cuts water usage 50%, boosts yields 30%, and cuts greenhouse gas emissions by 50-85%. Israeli agritech company N-Drip, a developer of innovative irrigation technology, has completed a C round of funding amounting to $44 million. To date, the company has raised $80 million from investors in the US, Europe, and Israel.
-
Jun 8, 2023 | 
en.globes.co.il | Meytal Veizberg
Average pay in Israel's technology sector rose 6% in the year to March, but the figure conceals a more complicated picture. This week, the Central Bureau of Statistics released average gross pay figures for March in which one item particularly stands out: the average monthly salary in high-tech reached a record NIS 31,685. The NIS 30,000 level was broken through in February this year, and the rise in the year to March was 6%.
