UVeye, the AI-powered vehicle inspection technology company, has raised $191 million in combined equity and debt financing, bringing its total funding to $380.5 million.
The investment comes as the company approaches a milestone of scanning…
Category: 6. Business
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Paragon sale completed before Defense Ministry approval
Last month, amid reports that cyberattack company Paragon Solutions was being acquired by US private equity firm AE Industrial Partners for $900 million, Israel’s Ministry of Defense published a dramatic announcement saying,…
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Seven proposals submitted for Shafdan effluent treatment facility
The Inter-Ministerial Tender Committee for Supplemental Treatment of Shafdan Effluents in the Accountant-general’s Department announced Tuesday that seven groups have submitted proposals in the international tender for the design,…
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Israeli startup targets rare genetic diseases
There are hardly any drug development companies in Israel today that are based on deep science and well-funded from the outset, but now a gene editing company called Averna Therapeutics (formerly Exsilio Therapeutics) is setting out after…
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Tenable acquires Israeli co Vulcan Cyber
US data security company Tenable Holdings (Nasdaq: TENB) has announced that it is acquiring Israeli cybersecurity company Vulcan Cyber. The deal is due to close in the first quarter of 2025, and will be Tenable’s third acquisition…
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Israel Bar Association under siege
The appointment of Yitzhak Amit as permanent president of the Supreme Court on Sunday was a peak moment for the Israel Bar Association recently. Not only did the Association’s two representatives on the Judicial Selection…
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Israel’s Iron Beam set for deployment this year
Israel’s Iron Beam laser air defense system is set to become operational in the second half of 2025, and now the “National Defense” website has published comments about the system from Rafael Advanced Defense Systems chairman Yuval…
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Bika’at Ono aims High – The Jerusalem Post
Get ready to be pleasantly surprised: A significant and forward-looking regional meeting is scheduled for today, January 29, at Beit Tzionei America in Tel Aviv, showcasing the tremendous potential emerging in central Israel’s most…
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Teva falls sharply on disappointing 2025 guidance
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA has opened the reporting season for Israeli companies by publishing its fourth quarter and full year 2024 financial results.
In the fourth quarter the company reported…
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Israeli AI vehicle inspection co UVeye raises $191m
Israeli AI-driven vehicle inspection system developer UVeye today announced the completion of a $191 million financing round including $41 million equity and $150 million debt. The equity financing was led by Woven Capital with…
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