Fabric Team Common Sense Robotics, now known as Fabric, has raised $110 Million. The funding round was led by Corner Ventures. Also participating were Aleph Funds, CPPIB, Innovative Endeavors, Temasek and La Maison. Fabric has developed an automated robotic system for warehouse fulfillment....
Today has been a very good day for Israel Aerospace Industry. The Israeli Ministry of Defense announced that Israel and the United States completed three extremely successful tests of the Arrow anti-missile system in Alaska, in which the system directly hit three...
Elbit Gun Israel’s Defense sales dropped to $7.5 billion in 2018. This is down 18% from the record $9.1 billion sale of exports in 2017. The most significant drop was from sales to the Asian Pacific region, which dropped 35%, from $5.3 billion...
Here is what Checkpoint reported: Total Revenue: $488 million compared to $468 million in the second quarter of 2018, a 4 percent increase year over year. GAAP Operating Income: $213 million compared to $224 million in...
Tyto Care, creator of the health care industry's first all-in-one modular device and Telehealth platform for on-demand, remote medical exams, today announced the nationwide availability of TytoHome, following a successful initial rollout in the Midwest. The TytoHome Telehealth solution, now available in...
Israel has another unicorn, the third in the past few weeks. The company, Cyberreason, announced it has raised $200 million from Softeam, at a valuation over $1 billion. Cyberreason initially raised money from CRV, Spark Capital, and Lockheed Martin. Until...
Today, Wix reported excellent results, with second quarter revenues totaling $184 million, up 27% from Q2 of last year. Collections totaled $199 million, up 25% from last year. Both numbers were higher than the company’s previous guidance. Cumulative collections from H1 '19...
1-800 Contacts has entered into a contract to purchase Tel Aviv-based 6over6 vision. While the exact price was not disclosed, the speculated sum of the purchase is over $100 million.  6over6 has created software that allows a complete eye exam to administered...
After a massive write off in the last quarter, Bezeq returned to profitability in the third quarter of 2019. Bezeq recorded a profit of NIS 191 million in Q3, which is down 18% from the third quarter of 2018. Overall income was...

Magenta Medical, developer of heart failure solutions, based on proprietary miniaturized blood pump technology, announced a financing round led by global venture capital firm New Enterprise Associates (NEA), with participation from existing investors, including Pitango Venture Capital, JVC Investment Partners and a group of private investors led...