Welcome to the iAngels Monthly Deal Digest, a summary of corporate developments in the Israeli startup market. 

Over the past few months, the world has been rocked by the rapid and global spread of the Coronavirus. With the expectation of restrictions starting to ease, so too has funding increased compared to the month of March. 

This April we tracked 36 announced deals totaling approximately $720.6 Million, and 1 exit of $67 Million

IT & Enterprise Software and Miscellaneous Semiconductors were the two top performing sectors this month. Biocatch, an iAngels portfolio company that delivers behavioral biometrics, analyzing human-device interactions to protect users and sensitive data, raised $145 Million in a series C financing round led by Bain Capital Tech Opportunities with participation from Amex Ventures, Blumberg Capital, CreditEase FinTech Fund, Industry Ventures, Janvest, Maverick Capital, Nexstar Partners and OurCrowd. Vast Data, a company that simplifies data centers and redefining how organizations interact with data with its Universal Storage concept, collected $100 Million in a series C financing round led by Next47 with participation from 83North, Commonfund Capital, Dell Capital, Greenfield Partners, GS Growth, Mellanox Capital and NVP.  

On the M&A side, we tracked one acquisition in the field of Life Sciences. ApiFix, a company that develops a minimally invasive, deformity correction system for the treatment of progressive adolescent idiopathic scoliosis (AIS), was acquired by OrthoPediatrics for $67 Million.

April 2020 Investment Highlights

Seed Rounds

 

A Rounds 

 

B Rounds 

 

C Rounds 

 

Growth/Miscellaneous Rounds 

 

M&A and IPOs

 

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Best,

The iAngels Team