After last week’s $158mm scorcher, another $170mm poured into 12 Israeli start-ups this week. From drones and cyber to blockchain and IoT, investors were active from seed to growth. Let’s dive in.
- Comeet, an online platform for enterprise recruiting, raised $1.2mm from a group of six private angel investors.
- Moburst, an international mobile marketing agency, raised $1.6mm from Centralway Ventures, Elevator Ventures, and private investors.
- Kwik, an end-to-end IoT platform connecting retailers, brands, and service providers to their customers, raised $3mm led by Norwest Venture Partners, with participation from iAngels, NFX, and Founders group.
Series A Rounds
- NovellusDx, a life sciences company identifying tumor-specific driver mutations, extended its previous $15mm Series A by $2.5mm, with participation from Novartis, OrbiMed, Pontifax, Resperate, and private investors.
- Colu, a bitcoin blockchain technology platform for developers and enterprises, raised $9.6mm from Aleph, Angelic Ventures, Bitcoin Opportunity, BoxGroup, Digital Currency Group, and Spark Capital.
- Gong.io, a business analytics company using AI to analyze and derive insight from recorded audio, raised $6mm led by Norwest Venture Partners with participation from private angels.
Series B Rounds
- Biz-Effective, a workforce performance management platform using enterprise gamification to achieve corporate objectives, raised $7mm led by JVP, with participation from 2B Angels, CE Ventures, Adler Chomski, Shaked Ventures, and Verint.
- LightCyber, a cybersecurity company producing actionable alerts for breached systems, raised $20mm led by ClalTech, with participation from Amplify Partners, Battery, Glilot Capital, and private angel investors.
- AiRobotics, an end-to-end, fully automatic solution for collecting aerial data and generating industrial insights, raised $20mm led by Charles River Ventures with participation from BlueRun Ventures, and Waze founder Noam Bardin.
- Zerto, a enterprise-grade solution protecting, recovering, and migrating cloud-based and virtualized applications, extended its $50mm Series D round by $20mm, led by Charles River Ventures with participation from Battery, ClalTech, Greylock, USVP, and others.
- EzBob, an automated online lending platform for SMEs, raised $36mm in lending capital, from Honeycomb/Pollen Street Capital and Shawbrook Bank.
- Interlude, an interactive music and video technology company, raised a $40mm round from Sony Pictures.
Key insight: Norwest Venture Partners (funded solely by Wells Fargo) announced five Israeli investments in June (WeKaIO, SundaySky, Talkspace, Gong.io, and Kwik)!
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