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Israel Trade & Economic Office

U.S. Midwest Region

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Israeli Automotive Company Oryx Vision Raises $50 Million

TechCrunch recently reported that the Israeli automotive technology company Oryx Vision has raised a $50 million Series B round. The funds will help Oryx to continue to develop and commercialize its innovative LiDAR tech, which
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CBInsights Overviews Israel’s Drone Industry Investments

category: Aerospace, Investing
In a recent article titled, “Drone Planet: The Most Well-Funded Private Drone Companies In One Map, CBInsights overviews international investment activity in the drone/uav/uas space. Israel is ranked third, with more than $37 million invested
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Israeli Plastics Supplier Chooses Indiana for First U.S. Production Facility

Israeli company Polyram Group, a global producer of raw materials for the plastics industry, will locate its first U.S. production facility in Evansville, Indiana, with plans to create more than 50 new jobs by 2022.
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Symantec to Buy Israeli Cybersecurity Firm Fireglass

  Reuters recently reported that Symantec Corp is acquiring Israeli cybersecurity startup Fireglass in a small deal designed to boost its products that protect corporate email and web browsing from threats.   Symantec is paying
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Microsoft Acquires Israeli Security Firm Hexadite

TechCrunch recently reported that Microsoft has acquired the Israeli cyber security startup Hexadite. The company uses AI to identify and protect against attacks. The deal is for a reported $100 million.   Read more from TechCrunch
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eHealth Ventures & Cleveland Clinic Innovations Incubator Kicks Off!

One company in portfolio and another two in the pipeline for the year-old venture — read more here!
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Israeli Smart Car Company Autotalks Raises $30M

Globes recently reported that Israeli V2X (Vehicle to Everything) communication solutions startup Autotalks has completed a $30 million Series D financing round. The new funding round includes the company’s existing investors: Magma Venture
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MOGO – The Only 1-to-1 True Pixel Display HMD on Inediegogo

The Israeli company Cinema2Go offers a new optical technology to view ANYTHING on your phone, without ANY dizziness or pixelation. Check out MoGo’s campaign on Indiegogo!    
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Join us for a Food-Tech Event

Join us for a Food-Tech event as part of the Dealmakers Summit 2017 hosted by Landmark Ventures on March 29-30th in the Bay Area. We’ll host a panel by Alan Boehme,
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Israeli Startups Raised $700 million in Jan + Feb 2017

category: Investing, Startups
A recent report by Globes found that Israeli startups raised $700 million in the first two months of 2017. This is keeping pace with last year when Israeli startups raised a record $4.8 billion, according to
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