CTech's Weekly Roundup of Israeli Tech News

New York City partners with Israeli JVP, SOSA on cybersecurity initiative. Called Cyber NYC, the new initiative will receive an investment of $30 million from the city of New York. Additional $70 million are planned to be raised from private investors. Read more

New York. Photo: Shutterstock

We are not going for peak performance, our goal is to deliver what consumers want, says Carlos Ghosn. The chairman and CEO of the Renault–Nissan–Mitsubishi Alliance, participated at a panel at the opening event of Mondial.Tech in Paris, a tech-focused event the preceded the opening of the Paris Motor Show. Read more

Code management startup JFrog raises $165 million. The round brings JFrog’s total equity raised to around $230 million. The company said it intends to double its workforce. Read more

As electric scooters take over the world, Tel Aviv stands first in line. From tech workers to hipster moms, the electric scooter is fast becoming the new transportation mode of choice in Israel’s fast-paced cultural and economic capital. Read more 

Vista Equity Partners buys Israeli roaming services company Starhome. In September, Calcalist reported Fortissimo was negotiating the sale of Starhome. Read more

Video | Drowning in laundry? This robot will fold your clothes. California-headquartered startup FoldiMate develops a clothes-folding robot capable of processing pillowcases, towels, shirts, and pants ranging from the size of a six-year-old to XXL sizes. Read more

Biotech company Gamida Cell files for $69 million Nasdaq IPO. The Jerusalem-based company develops cellular and immune therapies for rare genetic conditions like sickle cell anemia, and also for blood cancers and malignant tumors. Read more

EAPC, once joint Israeli-Iranian pipeline venture, stands to make bank from Egyptian gas. Last week, Israeli gas developers Delek and Noble Energy and their Egyptian partner East Gas Co. signed a $518 million deal for a 39% stake in a pipeline connecting Israel and Egypt. Read more