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

This July we tracked 41 announced deals totaling at approximately $971.2 Million, and 2 exits of $1.9 Billion. July also included iAngels portfolio company, Taranis, raising a C round.

HealthTech and InsureTech were the two top-performing sectors this month. Nanox, which developed an innovative digital X-ray-based imaging device that produces a three-dimensional scan, raised a $110 million series B financing round with investments by SK Telecom, Fujifilm Holdings Corp., and Foxconn. Lemonade, a property and casualty insurance company, raised $319 million in its initial public offering (IPO) on the New York Stock Exchange.

On the M&A side, we tracked one large acquisition in the sector of IoT. ForeScout, leader in IoT device visibility and control, and Advent International, a global private equity firm, announced that the companies have agreed to amend the terms of their previously announced transaction. The Forescout Board of Directors has unanimously approved a revised definitive agreement under which Advent will acquire all outstanding shares of Forescout common stock for $1.6 billion.

July 2020 Investment Highlights

Seed Rounds

 

 

A Rounds

 

 

B Rounds

 

C Rounds

 

 

Growth/Miscellaneous Rounds

 

 

M&A & IPOs