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36Kr (EN)

MENA

Drones

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

The Jerusalem-based firm, FlyTech, recently won a contract with a local authority to be part of a two-year pilot program that will use drones to deliver goods, like coffee, and reduce traffic on Israel’s roads.

FlyTech wins two-year pilot contract for drone deliveries in Israel | KrASIA

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FlyTech wins two-year pilot contract for drone deliveries in Israel

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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NoCamels

Security

As a leader in cybersecurity, Israel has received billions in funding for cybersecurity software and protection.

Global community eyes Israeli cybersecurity solutions for 2021 as attacks spike | KrASIA

Global community eyes Israeli cybersecurity solutions for 2021 as attacks spike

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Deep Tech

Space industry refers to economic activities related to manufacturing components that go into Earth's orbit or beyond, delivering them to those regions, and related services. 

Space Tech

Israeli weather intelligence platform ClimaCell announced this week that it has completed a USD 77 million Series C funding round led by private equity firm Stonecourt Capital, with participation from Highline Capital.This brings the company’s total funding to over USD 185 million to date.The company also announced that they are changing the name of the their firm to Tomorrow.io.

Weather platform ClimaCell raises USD 77 million, relaunches as Tomorrow.io | KrASIA

Weather platform ClimaCell raises USD 77 million, relaunches as Tomorrow.io

Semiconductors

US semiconductor giant Nvidia announced this week that it will set off on an expansion of its Israel operations, including the recruitment of 600 new software and hardware engineers for a variety of positions

Nvidia announces plans to expand in Israel, recruit 600 engineers | KrASIA

Nvidia announces plans to expand in Israel, recruit 600 engineers

Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware. It is considered one of the Big Four technology companies, alongside Amazon, Apple and Facebook. 

Google

Israeli cybersecurity company Orca Security announced the close of a USD 210 million Series C round on Tuesday. The investment was led by CapitalG (formerly Google Capital), the independent growth fund of Alphabet (Google’s parent company), and Redpoint Ventures.

Google growth fund co-leads USD 210 million round in Orca Security | KrASIA

Google growth fund co-leads USD 210 million round in Orca Security

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Group 11, the venture capital fund headed by American-Israeli investor Dovi Frances, has announced it has secured over USD 120 million in the first closing for the firm’s fifth fintech fund in just 90 days.The firm announced just three months ago it had intended to raise USD 100 million for the fund.Group 11 says its fifth fund will invest primarily in Silicon Valley-based fintech companies, many of them with Israeli founding teams and R&D centers.

Dovi Frances' Group 11 secures more than USD 120 million for fifth fintech fund | KrASIA

Dovi Frances&#8217; Group 11 secures more than USD 120 million for fifth fintech fund

Just three months after emerging from stealth mode and raising USD 100 million, Israeli startup Wiz closed a funding round with USD 130 million and a company valuation of USD 1.7 billion, Hebrew-language media reported this week.

Cloud security startup Wiz, founded in 2020, raises USD 130 million | KrASIA

Cloud security startup Wiz, founded in 2020, raises USD 130 million

i-BrainTech is training athletes' brains to boost their overall performance.

Sports startup i-BrainTech helps athletes improve performance with mind training | KrASIA

Sports startup i-BrainTech helps athletes improve performance with mind training

Across the board, women need more representation in Israel's tech enterprises.