Which Israeli company did Snapchat snap up for $70 million and who is being valued at $3 billion?
CTech Daily Roundup: Israel’s indy game industry is ready for its big breakout
Israel’s indy game industry is ready for its big breakout. Digital distribution has transformed indy developers into dominant forces; after years out in the cold, a new generation of Israeli creators is heating things up. Read more
Covid-19 is an opportunity to support local business, says Spot HR head. As small businesses around the world closed down and faced bankruptcy, Spot saw an opportunity to help others. Read more
Valued at more than $3 billion, SentinelOne completes $267 million financing round. Founder Tomer Weingarten says the company is prepared to go public in 2021. Read moreVideo creation and distribution company Kaltura mulling multi-billion IPO. The Israeli-founded company is holding meetings with investment banks ahead of a possible offering after backing out of the move three years ago. Read more
Limaca Medical raises $1.25 million for precision biopsy device. The medical device company’s solution refines ultrasound-guided biopsies to improve tumor detection and other cancer diagnoses. Read more
Clenching by day grinding at night - How is the pandemic impacting women's teeth? Study finds the pandemic is stressing Israeli women out and they’re taking it out on their teeth, 50% suffering from Bruxism. Read more
HRH The Prince of Wales donates to Israel’s Peres Center. Prince Charles attended the funeral of former President Shimon Peres in 2016, commenting on the efforts Peres made for peace. Read more
8200 Alumni Association’s ‘The Hybrid’ accelerator helps promote Arab-led startups. Each cohort helps eight companies grow from single ideas into companies looking for additional VC investment. Read more
"We have allowed the state to claim a monopoly on the sun." Chen Herzog, Chief Economist and Partner at BDO Consulting, spoke about the challenges of creating a carbon-free economy at Calcalist’s Cleantech conference. Read more
Israeli Foodtech company Amai Proteins wins “Call for Wellness Innovations” award at the Global Wellness Summit. Broadcasted remotely from Palm Beach, Florida, the Israeli company beat out finalists from the U.S., Italy, Canada, and other Israeli rivals. Read more
“Israel’s greatest resource isn’t natural gas, it’s solar power.” “The sun belongs to us,” says CEO of renewable energy company Eilat-Eilot Dorit Banet, calling for widespread government support of solar energy. Read more