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June 4, 2021

Hi-Tech

Israeli startups raised nearly USD 2 Billion in May

Israeli tech companies raised USD 8.6 Billion in the first five months of 2021, fast approaching the record USD 10 Billion raised in all of 2020 Israeli startups just fell short of raising USD 2 Billion in May after raising USD 2.2 Billion in April and a record USD 2.8 Billion in March. In May, […]

May 14, 2021

Israeli medical cannabis inhaler gets Canada’s marketing nod

Israeli company Syqe Medical, a developer of a medical cannabis inhaler, has received nod from the Canadian health authorities that will allow the company to market its metered-dose inhaler to patients in Canada. This is the first approval given by an international regulatory authority to market a precisely dosed cannabis inhaler as a medical product, […]

May 14, 2021

Capital Markets

Israel’s securities regulator sets out terms for Tel Aviv SPACs

Israel’s securities regulator sets out terms for Tel Aviv SPACs The terms aim to protect investors, ISA says; among the new rules: sponsors must raise minimum of NIS 400 million (USD 123 million) mainly from institutional investors. SPACs, also called “blank check” companies, are a form of a shell company set up by an entrepreneur, […]

May 7, 2021

Hi-Tech

Taylor Wessing and British Embassy in Israel launch The VC Club

Taylor Wessing in partnership with British Embassy Israel, have announced that they are to launch new joint venture – The VC Club. The Club is comprised of over 30 member VCs from the UK and Israel and will discover new innovation trends and access high-quality start-up deal flow by building strong relationships, sharing business intelligence […]

Taylor Wessing

May 7, 2021

Hi-Tech

Israeli startups raised over USD 2.2 Billion in April

Israeli startups raised USD 2.2 billion in April 2021, according to press releases from the companies and their investors. This was the second successive month in which Israeli startups raised more than USD 2 Billion, after raising a record USD 2.8 billion in March. Israeli tech companies raised USD 5.4 billion in the first three […]