Venture Insights – Israel VC News
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PayPal invests $20 million in crypto startup Chaos Labs
Start-up company Chaos Labs, a platform for testing applications under extreme conditions in the DeFi blockchain, has raised $20 million in seed funding, led by the investment fund Galaxy Digital, which specializes in investments in crypto field, and PayPal Ventures, the investment arm of the international payments giant with participation from Coinbase, Uniswap, Lightspeed, Bessemer,…
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MDI Health Raises $20 Million to Address Medication-Related Problems
MDI Health, an AI-powered platform that automates the optimization of personalized medication treatment, at scale, has raised $20 million in Series A funding led by Intel Capital with participation from Maverick Ventures Israel and existing investors Hanaco Ventures, Welltech Ventures, Arc Impact, Basad Ventures, Fresh.Fund, Jumpspeed Ventures and former SVP of Optum Richard Montwill MDI…
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Insurtech Company OpenEyes Raised $23 million
The Israeli company uses computer vision and artificial intelligence to assess the risk, frequency and severity of road accidents, and provide insurance quotes for commercial vehicle fleets in Israel and the US. The company received a total of $23 million from in tow rounds: Series A round of $18 million which was co-led by New…
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Via Raises $110M at $3.5B Valuation
Transit tech company Via, which provides on-demand shuttle services and transit technology solutions, has secured an additional $110 million in funding. This brings the company’s total funding to around $1 billion at a valuation of $3.5 billion, similar to its previous funding round in November 2021. The current funding round was led by 83North, with…
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Earth and Beyond Ventures Raises $125 million to Invest in Israeli SpaceTech Startups
A new venture capital fund is born. Earth & Beyond Ventures (EBV) closed $70 million for investments in Israeli start-up companies in the fields of space and DeepTech that develop dual-use technologies, which have possible applications both on Earth as well as in space. In addition, the Israeli Innovation Authority (IIA) will invest four dollars…
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AI Logistics Company AiDock is Raising $15m
AiDock has developed a solution that provides the shipping and logistics industry with a virtual artificial intelligence workforce that helps automate and streamline the repetitive and time-heavy tasks across global operations. Thanks to this advanced AI technology, courier companies, freight forwarders, postal services, and customs authorities can reduce the supply-chain paperwork and improve results by…
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Google’s Answer to ChatGPT: Will Integrate Artificial Intelligence Into Search Engine
Unless you spent the last few months in a cave you must heard about ChatGPT. No matter who you are, you cannot miss the tool that knows how to answer almost any question. One answer was waiting to be answered – what will Google do? Microsoft’s announcement that they are investing in OpenAI, along with…
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ESG, Sustainability and the New Growth Engine
ESG, or environmental, social, and governance, refers to a set of standards for a company’s operations that prioritize environmental impact, social responsibility, and ethical corporate governance. In recent years ESG practices have become increasingly important as companies, consumers and investors place more emphasis on the impact a company has on the society and the environment.…
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Google Invests $400 Million in ChatGPT Rival Anthropic
Google, a subsidiary of Alphabet Inc., has invested approximately $400 million in Anthropic, an AI startup that is experimenting with a competitor to OpenAI’s ChatGPT. Anthropic has plans to utilize Google’s cloud computing services. This agreement represents the latest collaboration between a technology giant and an AI startup as the area of generative AI, which…
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5 Tips for a Successful First Meeting with a VC Fund: A Guide for Entrepreneurs
As a venture capital professional, I have had the opportunity to meet with countless entrepreneurs over the years. I always look forward to the first meeting, as it gives me the chance to connect with smart, passionate people who have taken the bold step of starting their own companies. While I have passed on many…