Who is Israel's newest member of the unicorn club and why are Chinese investors shying away from Israeli tech?

OwnBackup makes it three new Israeli unicorns in a week, raises $167.5 million at $1.4 billion valuation. SaaS data protection company’s valuation continues to climb following five years of triple-digit growth. Earlier this week both Melio and DriveNets also attained unicorn status. Read more

New details emerge about Israeli astronaut’s upcoming space mission. The January 2022 mission will be dubbed “Rakia,” after the diary of fallen astronaut Ilan Ramon written aboard the Columbia shuttle; two North American entrepreneurs to join Stibbe in flight to ISS. Read more

Expert | Why are Chinese investors shying away from Israeli tech? New study reveals a sharp decline in investments since 2018 due to Beijing’s shifting priorities and a watchful Washington. Read more

Cybersecurity firm reveals Hezbollah-linked hack of hundreds of global companies. ClearSky Cyber Security confirmed that ‘Lebanese Cedar’, the cyber unit of Hezbollah, has been behind hundreds of cloud and hosting provider hacks. Read more

University of Haifa and TikTok address Holocaust awareness during International Holocaust Remembrance Day. The event featured students from the MA Program in Holocaust Studies, addressing the lack of knowledge about the Holocaust among today’s youth. Read more

Israel-Scandinavia trade yet to realize its full potential. Automobile, telecom, energy, cleantech, biotech and maritime among sectors primed for Israeli innovation. Read more

The Corona Effect: Israelis spend half their lives in front of a screen. A survey by Telecom company Bezeq breaks down the numbers on the digital transformation of Israeli households. Read more 

Israel’s UBQ Materials and Clairion declared winners of SustainIL Startup Competition. The companies were selected from more than 100 applicants in the Cleantech space. Read more

HR Post Covid | For Melio, it’s all about the People… Analytics. To get a better understanding of how to care for its employees, the fintech startup makes data-driven decisions based on human experiences. Read more

Opinion | Internet Privacy: A necessity, not a luxury. An aware customer-base demands and expects from businesses a proper and holistic consumer experience, which includes protection of privacy, explains Orna Kleinmann. Read more