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

This March we tracked 26 announced deals totaling $593M, and three exits totaling $145M. 

Blockchain was one of the leading sectors this month raising a total of $251M, with Orbs offering Blockchain as a service raising $106M, Saga, a developer of a new cryptocurrency raising $30M and 3 iCO’s raising $115M (Leadcoin, Endor, and BuzzShow).

This month we’ve also seen several impressive rounds including eToro raising $100M at an $800M valuation, TripActions raising $51M and Biocatch raising $30M.

Read on for the full scoop!

 

March 2018 Investment Highlights

 

Seed Rounds

 

Series A Rounds

 

Series B Rounds

  • TripActions, a corporate travel management solution that helps reward employees who spend less on travel, has raised a $51M financing round led by Lightspeed Venture Partners and Zeev Ventures.
  • ContinUse Biometricswhich is using groundbreaking research to revolutionize sensing solutions, has closed a $20M Series B financing round led by the Chartered Group. 
  • Vectorious Medical Technologies, a developer of an implant for left-atrial monitoring has raised $9.5M in a Series B financing round led by Boston-based Broadview Ventures and China’s GEOC, with the participation of Zohar Gillon, Yehuda Zisafel and others.
  • NSLComm, a developer of a nanosatellite capable of transmitting data at 1 gigabyte per second, over 100 times faster than the current technology available, has closed a Series B financing round of $6.25M led by Jerusalem Venture Partners (JVP), Liberty, GF Hawk, OurCrowd and El Al’s Cockpit.

 

Growth/Miscellaneous Rounds

 

 

M&A and IPOs

 

On behalf of everyone at iAngels, I’d like to thank you for tuning in to the Deal Digest. If you’d like to receive a version direct to your inbox, please subscribe below.

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Best,
Avi

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