Moovit has officially launched a world-first carbon credits project, now listed in the Canadian CSA CleanProjects Registry. The initiative leverages Moovit’s proprietary travel data and methodology to generate carbon credits from real commuter behaviour — specifically, the emission reductions achieved when people choose public transit over private cars. This allows cities and transit operators to […]
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Utila, an Israeli fintech company that provides institutional-grade blockchain wallet infrastructure for banks, funds, and payment providers, has closed a USD 22 million Series A extension. The round, led by Red Dot Capital Partners with participation from DCG, Nyca Partners, Wing Venture Capital, Cerca Partners, SilverCircle, and FunFair, brings Utila’s total Series A to USD […]
Sayata, an Israeli InsurTech founded in 2017, has been acquired by Penn-America Underwriters, a subsidiary of Global Indemnity Group (NYSE: GBLI). Sayata operates an AI-powered digital distribution marketplace and agency operations platform for commercial insurance, and its integration into GBLI marks a step in the group’s strategic expansion in the insurance sector. McDermott Will & […]
A new study shows that Israeli companies could access a USD 1 trillion opportunity in African markets by shifting focus from exporting advanced technologies to adapting solutions for local needs. Success depends on engaging communities, forming inclusive partnerships, and building long-term relationships across diverse regions. The report stresses that Israeli businesses can strengthen their position […]
The IVC–GNY–KPMG Investors Report for H1 2025 shows that Israel’s high-tech industry faced reduced first-time investments and new capital raising during a period marked by war and economic pressures. Only 12 new venture capital funds launched in the first half of the year, and foreign investors scaled back activity. Israeli investors, however, continued to participate […]
Egypt is set for a USD 400 million investment in a natural gas pipeline within its territory, connecting to Israel’s line near Nitzana. Managed by state-owned GASCO, the project will enable greater imports from Israel’s Leviathan field under a revised supply contract with NewMed Energy, an Israeli gas exploration and production company. The deal secures […]
Israeli startups raised USD 410 million in August 2025 through ten investment deals, signaling continued resilience in the country’s innovation sector. Decart, a technology company specializing in advanced data solutions, stood out as the sole startup to reach the USD 100 million benchmark, highlighting investor appetite for scalable platforms with global potential. The month’s activity […]
Israel will send a senior economic delegation to India later this month, led by Finance Minister Bezalel Smotrich, along with Finance Ministry Director General Ilan Rom and other top officials, to finalize a comprehensive cooperation agreement. The deal aims to boost bilateral investment and trade across industries, positioning India—home to around 1.5 billion people—as a […]
Axon Vision, an Israeli artificial intelligence company specializing in recognition and tracking systems for the defense industry, completed its initial public offering on the Tel Aviv Stock Exchange at a pre-money valuation of about NIS 130 million (approx. USD 35 million). The company raised NIS 40 million (approx. USD 11 million), with investor demand exceeding […]
Cato Networks, an Israeli provider of secure access service edge (SASE) solutions, acquired Aim Security, an Israeli startup founded less than three years ago. Aim Security rapidly established itself as a pioneer in AI-focused cybersecurity, building a cutting-edge AI Security Platform and partnering with global enterprises to safeguard their digital transformation. The acquisition strengthens Cato’s […]
