{
}
Cybereason, a cybersecurity firm valued at $5 billion, has secured $120 million in funding led by SoftBank Corp. and Liberty Strategic Capital amid financial challenges and internal disputes. The investment coincides with the appointment of Manish Narula as CEO, following Eric Gan's resignation over funding control issues. With this capital, Cybereason aims to stabilize operations and enhance its core cybersecurity offerings.
Israeli AI startup D-ID has laid off 22 employees, representing 25% of its workforce, as part of an efficiency initiative. The layoffs, primarily affecting staff in Israel, come amid broader workforce reductions in the tech sector, which has faced significant challenges this year. While the company recently partnered with Microsoft, no direct connection between the partnership and the layoffs has been confirmed.
Israeli AI startup D-ID has laid off 22 employees, representing 25% of its workforce, as part of an efficiency initiative. The layoffs, primarily affecting staff in Israel, come amid broader workforce reductions in the tech sector, which has faced significant challenges this year. This decision follows a recent partnership with Microsoft, though no direct connection between the two has been confirmed.
Israeli startup CaPow has secured $15 million in a Series A funding round led by Toyota Ventures, raising its total funding to $22.5 million. Founded in 2019 by researchers from Ben-Gurion University, the company focuses on enhancing industrial robot energy efficiency with its flagship system, Genesis, which enables robots to recharge while in motion. The investment will support further development of this innovative technology for large logistics centers.
Intel has received initial approval from the Israeli government to construct a private power plant at its Kiryat Gat semiconductor facility. The plant, expected to generate between 450 and 650 megawatts, aims to decrease Intel's dependence on the national grid and aligns with national electricity policies. The regulatory process for the project may take up to seven years.
Argentine President Javier Milei has pledged to support a US Senate investigation into Credit Suisse's historical ties to former Nazi officials. This follows allegations that the bank's predecessor hosted accounts for Nazis who fled to Argentina post-World War II. Despite Credit Suisse's previous findings denying these claims, new evidence suggests potential links, prompting Milei to open archives related to the exfiltration of Nazi criminals to South America.
European foreign ministers from France, Germany, Italy, and the UK have expressed support for Egypt's $53 billion Gaza reconstruction plan, which includes a temporary committee of Palestinian technocrats to manage aid and coordinate with the Palestinian Authority. The initiative aims to improve living conditions in Gaza while ensuring that Hamas does not govern the area or pose a threat to Israel. However, the plan faces opposition from Israel and the US, with ongoing violence reported in Gaza.
Asia's tech and startup scene is buzzing with significant funding rounds, including US$140 million for India's Darwinbox and US$69 million for UAE's Flow48. Notable acquisitions include India's Digiledge by Mintoak and I Freedom by Boss Wallah, highlighting a dynamic investment landscape. Additionally, the evolution of crowdfunding platforms like Kickstarter is reshaping funding opportunities for both indie creators and established brands.
Enlight Renewable Energy Ltd, which operates a renewable energy platform across various regions, has 38.89% of its stock owned by institutional investors and hedge funds. Deutsche Bank initiated coverage with a "buy" rating and a $22 price target, indicating a potential upside of 32.45%. The company reported earnings of $0.04 per share, surpassing estimates, and has a market capitalization of $1.92 billion.
Dynatrace has acquired Israeli AI startup Metis, known for its database observability solutions, in a deal estimated to be worth tens of millions of dollars. Founded in 2021 and based in Tel Aviv, Metis has raised $5 million in funding and employs around 10 people. This acquisition underscores Dynatrace's focus on enhancing database observability amid the growing importance of cloud-native technologies in software development.
ISR
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
cybereason secures 120 million funding amid leadership changes and challenges
04:45 12.03.2025
Israeli AI company D-ID reduces workforce by 25 percent amid challenges
03:00 11.03.2025
Israeli AI company D-ID reduces workforce by 25 percent amid challenges
03:00 11.03.2025
Israeli startup Capow secures 15 million for energy-efficient robotics innovation
08:50 10.03.2025
intel receives approval for private power plant in israel
07:50 10.03.2025
Milei supports investigation into Credit Suisse's Nazi connections and archives
12:27 09.03.2025
European nations endorse Egypt's 53 billion dollar Gaza reconstruction initiative
13:00 08.03.2025
fundraising insights and startup success stories from asia's tech landscape
United States Dollar
Chinese Yuan
Indian Rupee
Australian Dollar
ARE
ISR
SGP
AUS
IND
IDN
PHL
CHN
Show more
10:30 08.03.2025
enlight renewable energy receives buy ratings and price target increases from analysts
09:03 08.03.2025
dynatrace acquires israeli ai startup metis to enhance database observability
05:25 07.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Retail and Consumer Goods
Global Financial Events
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Credit Suisse Lux Digital Healt
Citigroup Inc.
Wells Fargo & Company
BNP Paribas SA
UBS Group AG
Banco Santander, S.A.
Morgan Stanley
Lloyds Banking Group plc
Commerzbank AG
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
SpaceXCoin USD
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: