Former Rapyd executives raise $8 million Seed to solve a hidden problem in global payments | CTech
Four former leaders of Israeli fintech unicorn Rapyd have emerged from stealth with Cordant, a startup building a monitoring and…
Tag: CTech
WSC cuts 10% of workforce as AI sports startup restructures | CTech
Sports-tech company WSC Sports will lay off approximately 70 employees, mostly in Israel. The company began conducting employee hearings on…
Instacart acquires Israeli AI startup Arpalus to bring real-time shelf intelligence to supermarkets | CTech
The American grocery technology giant Instacart is acquiring Israeli startup Arpalus, which develops artificial intelligence and computer vision technology designed…
BandLab acquires Israeli AI music startup Aiode in deal estimated at tens of millions of dollars | CTech
Music technology company BandLab Technologies, which owns the BandLab, Cakewalk, ReverbNation and Airbit brands, is acquiring Israeli company Aiode, an…
Meta launches AI-driven growth program for Israeli startups | CTech
Meta is launching a new program aimed at helping Israeli startups expand internationally, as the technology giant seeks to deepen…
AI startup developing stroke detection technology seeks court protection | CTech
Israeli startup CardioKol, which developed artificial intelligence technology that analyzes routine phone conversations to detect cardiac arrhythmias and help prevent…
“The real competitor is the status quo”: Finterest plans to fix what the wealth management market is missing | CTech
“Wealth managers are sitting on $145 trillion worth of opportunity with almost no systems built to pursue it efficiently and…
Legaltech startup Darrow lays off one-third of workforce despite profitability | CTech
Legaltech startup Darrow has laid off 60 employees, including 40 in Israel, Calcalist has learned. The company employed approximately 180…
The token trap: AI’s new pricing formula and the threat to startup margins | CTech
For the past decade, the tech world and capital markets lived in absolute harmony around one winning business model: seat-based…
After raising tens of millions, fintech PayEm acquired for just $500,000 | CTech
Top Group Software announced on Wednesday the completion of a significant transaction in the local fintech market, in which its…
Sderot opens $3 million innovation center focused on health and emergency technologies | CTech
For years, Sderot has been defined by its proximity to conflict. Now, Israeli government agencies, healthcare institutions and private-sector partners…
AI startup Engram raises $98 million at $600 million valuation with just 13 employees | CTech
Wiz founder Assaf Rappaport led a star-studded group of Israeli tech entrepreneurs backing the company, including the founders of Dazz,…
Lama AI raises $12 million Series A to bring AI agents to banking | CTech
Fintech company Lama AI has raised $12 million in Series A funding. The company develops an AI-agent platform for the…
After raising $20 million, collapsed startup Swish.ai sells to Unframe for just $150,000 | CTech
Unframe, which develops an enterprise AI platform, is acquiring the assets of Swish.ai for approximately $150,000 after the Israeli startup…
Payoneer agrees to $2.75 billion sale to Nuvei, ending five-year public market run | CTech
Israeli fintech company Payoneer is being acquired for $2.75 billion in cash by Canadian fintech company Nuvei, which has previously…
Monday launches $200 million venture arm to invest in AI startups | CTech
After its stock plunged 73% over the past six months amid investor concerns that artificial intelligence could undermine its business…
The next great opportunity for Israeli startups is hidden inside the AI supply chain | CTech
Conventional wisdom says the future of AI belongs to whoever builds the smartest model. People picture a handful of US…
Wix CEO backs Willow as startup raises $7 million for AI agent control layer | CTech
Willow has raised $7 million in a Seed round. The company was founded by two former Wix executives and received…