Who is heading for a billion-dollar SPAC and how much did Israeli tech startups raise in Q1 of 2021?

Israeli tech startups raise a record $5.37 billion in first quarter of 2021. The total sum raised in the quarter increased by 89% compared to the fourth quarter of last year and was double that raised in Q1 of 2020. Read more

Israeli chipmaker Valens heading to billion-dollar SPAC. The Hod Hasharon-headquartered company is in advanced talks to go public in the U.S. and has hired Bank of America to lead the offering. Read more

Israeli medical device company Memic raises $96 million to expand surgical robotic solution. The funding is set to primarily support commercialization of the Hominis surgical robot in the U.S. following FDA De Novo marketing authorization. Read more

DoControl launches with $13.35 million in funding to automate SaaS data access. The company helps enterprises prevent data breaches on SaaS applications with no impact on the business. Read more

HR Post Covid | Redis Labs: From hiring freeze to Unicorn status, all in a pandemic year. After briefly pausing its recruitment efforts last year, the open-source database provider came back swinging after a massive funding round. Read more

New UAE Ambassador to Israel and Start-Up Nation Central launch joint task-force. The Ambassador visited SNC headquarters and the parties agreed to further advance the collaboration between the nations focused on innovation and entrepreneurship. Read more

Anima plays therapist to the ‘love/hate’ relationship of designers and developers. Its tool takes designs and automatically converts them into code - saving time and money for organizations. Read more

Expect cyberattacks to up the ante says head of NSO Group. “Cyberattacks are something we will see more and more of over the coming period. It won’t end, not even when the world emerges from the pandemic and returns to routine,” Shalev Hulio tells Calcalist at Cybernation conference. Read more

U.S.-Israel Energy Center announces winner of $6m funding for cybersecurity solutions in energy sector. The selected consortium, which included a number of American and Israeli companies and universities, will receive a total of $6 million, taking Center’s total investment to $67.2 million. Read more

Appointments | Apiiro appoints new CRO to accelerate growth and expand global sales. The Israeli software company, which designs a code-risk platform, appointed David French as Chief Revenue Officer to enter its next stage of growth. Read more