Which venture capital funds are most active in Israeli tech, and is Israel really a tech heaven?

Google will expand its operations in Israel with a new hardware development center. The tech giant is set to recruit hundreds of employees under the leadership of the new vice president of engineering for server chip design, Uri Frank. Read more

Entrance Capital and F2 Venture Capital crowned most active venture capital funds in Israeli technology. Despite the Covid-19 pandemic, the number of first investments in 2020 climbed to 620, a record in seven years. Read more

Rocket launch. Photo: SpaceX

A day before the election, the details of millions of Israeli voters were hacked online. The operator of the voter management application Elector claims that hackers are trying to extort him. Read more

Building technology company Veev becomes first private company to be listed on TASE UP. The company, which offers an automated panel building process, has raised around $ 100 million. Read more

Tech-savvy paradise? The Olim share their stories of moving to Israel. The past year may have been unprecedented, but two employees of The Floor share what it is like to come to Israel from abroad in the year of the pandemic. Read more

Ramon.Space propels Technion-launched nanosatellites into space aboard the Soyuz rocket. The satellites are fitted with the company’s high-level LEON processors and will be used to monitor emergency signals from ships, airplanes and hikers. Read more

OurCrowd and Waterfund launch $ 50 million partnership for agro-tech and water projects in the Middle East. The partnership will dedicate the funds to 15 separate projects related to water investment products in the region. Read more

Axis Security Completes $ 50 Million C Series for Remote Application Access Solution. Spark Capital, an investor in Twitter, Tumblr and Slack, led the company’s second funding round in six months. Read more

Israeli company Kindite to improve video call security after acquiring RingCentral. Kindite’s technology will be deployed on RingCentral’s global end-to-end platform. Read more

Israeli company Inneractive was sold for the second time in five years. The Israel-founded adtech company was sold to Digital Tribune as part of the acquisition of parent company Fyber. Read more

Israeli industrial cybersecurity company SCADAfence raises $ 12 million. The funding round was led by JVP and joined by Rapid7 after SCADAfence tripled both its revenue and customer base over the past year. Read more

Paz pulls out of a deal to install charging stations after a dispute. The Israeli energy company intended to pay NIS 24 million to acquire 50% of EV-Edge, but canceled the deal after a dispute over the day-to-day management of the subsidiary. Read more

IronSource shareholders and employees on their way to a $ 1.5 billion salary. The company will raise $ 2.3 billion to a valuation of $ 11 billion through a PSPC merger with Thoma Bravo. Read more

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