Hightech

Simplify Team Siemplify Raised $30 million in a Series-C round of financing. The lead investor in this new funding round was Georgian Partners, with participation from Siemplify’s existing investors: 83North, G20 Ventures, and Jump Capital. Siemplify reports that it sales have been growing...

Alpha Farms Secures US$12M; The first slaughter-free meat startup to grow steaks raises funds from VCs and strategic partner Aleph Farms Ltd., co-founded by The Kitchen Hub, announced it has raised US $12M in Series-A investments. This new influx of support includes a...

Teva Pharmaceutical Industries Ltd. announced the launch of a generic version of Tarceva®1 (erlotinib) tablets, 100 and 150 mg, in the U.S. Erlotinib Tablets are a kinase inhibitor indicated for the treatment of patients with metastatic non-small cell lung...

Nano Dimension Ltd., announced the world's first side-mounting technology for additively manufactured printed circuit boards (PCBs). With Nano Dimension's DragonFly Precision Additive Manufacturing System, the novel technology can print and solder components to the top, bottom and sides of the PCB, resulting...

Gilat Satellite Systems Gilat Satellite Networks Ltd. announced today that a Gilat high-throughput modem enabled the first ever demonstration of 5G services over a Low Earth Orbit (LEO) satellite. The successful test was conducted with the tier-1 European operator last month using Telesat's...

Gett Taxi announced it had raised a total of $120 million from the company’s existing investors. The investors purchased both stock and debt. According to Gett, this funding round was done based on a valuation of $1.5 billion. Gett is expected to...

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...

The Indian Army is about to make an emergency purchase of 240 Spike anti-tank missiles and 10 launchers from Rafael. The value of this acquisition is expected to be in the tens of millions of dollars. The Army had initially wanted to...