In a recent development in the education technology sector, Vedantu, a leading Indian online tutoring platform, has successfully secured an additional $11 million in funding. This investment round saw significant participation from existing investors, including the prominent venture capital firm Accel, among others. This round of funding underscores a growing confidence in the ed-tech sector…
In a strategic acquisition announced recently, Israeli medical device company Inovytec has agreed to purchase Innoventric for $18 million, enhancing its portfolio in the respiratory and cardiac care market. This acquisition reflects an expanding trend of integration in the medical device sector, focusing on broadening capabilities and reaching more comprehensive solutions for urgent care. Inovytec,…
In an era where technology startups constantly seek innovative paths to bridge practical needs with technological solutions, Israeli-founded company Bringg has made an impressive stride with its latest round of funding. The enterprise, which specializes in delivery logistics, has secured an additional $30 million in a funding round led by Viola Growth and other principal…
In a decisive move to regain its standing in the U.S. financial market, Tether, the controversial stablecoin issuer, has announced detailed plans for an American relaunch aimed at recapturing a substantial share of the U.S. stablecoin market. This strategic shift was highlighted in a recent report by Startup News titled “Tether Plans US Comeback, Aims…
In a significant development within Israel’s burgeoning tech scene, the Mossad intelligence agency has ventured into the world of venture capitalism, partnering with the Israeli government to launch a $50 million fund. This fund, named Libertad Ventures, aims to stimulate cutting-edge technologies that the Mossad can utilize, signaling a notable evolution in how intelligence capabilities…
Israeli entrepreneur Moshe Hogeg, known for his founding role in the blockchain firm Stox Technologies, is again under scrutiny as Tel Aviv District Court has unsealed an indictment detailing alleged fraud and sex crimes. The case, covered extensively by Calcalist, opened fresh chapters in the complex narrative surrounding the tech figure who has faced both…
Recent reports indicate that the Israeli technology sector, serving as a backbone to the country’s expanding economy, has been experiencing a considerable slowdown. According to the analysis published on the Calcalist website under the title “From Unicorns to White Elephants,” there was a sharp 70 percent decline in the value of Israeli tech firms transitioning…
In an extraordinary display of investor confidence, the latest investment opportunity opened by Emerging Tech Ventures has been oversubscribed by 26 times on just the third day of the offering, signaling a robust appetite for innovative tech startups. As reported by Startup News FYI, in their article titled “Issue Oversubscribed 26x on Day 3 So…
In a financial disclosure that signals robust health and ambitious trajectories for financial technology entities in India, small business lending platform Indifi has marked a significant milestone in its operational achievements. The company’s revenue surged by an impressive 22% in the fiscal year 2025, amassing an EBITDA of Rs 107 crore, as reported by the…
In a notable development in the tech and financial sectors, Israeli startups are demonstrating resilience amidst global economic uncertainties, raising significant amounts of funding in February. The original article, titled “Israeli startups raised $1.36b in February” published by Calcalistech, detailed these transactions and discussed their broader implications. The total financial influx stood at $1.36 billion,…
