Israeli company Liangda closes $80 million deal amid challenges
The agreement comes as Innoviz faces cash flow challenges.
Acquires Israeli maritime analytics company Windward for $270 million
The acquisition will result in Windward's delisting from the stock exchange and nearly doubling its IPO valuation.
Israeli artificial intelligence drone company wins $8.8 million Pentagon contract
The precision strike system is the first drone approved by the Pentagon for indoor and outdoor deployment.
Indian semiconductor company Mindgrove receives US$8 million in Series A financing
Mindgrove also received $1.8 million under the Indian government's Design-Linked Incentive (DLI) program to support chip development.
Shares of India's FirstCry parent company fell nearly 5%
As of now, Brainbees Solutions' market valuation is 31,711.77 billion rupees (approximately US$37.27 billion).
Ola Group's AI company offers free cloud credits to students
Krutrim's plan provides cloud credits to IIT students and faculty using official emails.
US blacklists Chinese company Sophgo for supplying chips to Huawei
The United States blacklisted Sophgo for helping Huawei use unauthorized artificial intelligence chips from TSMC.
Israeli video technology company reportedly considering sale or merger
Kaltura's expected transaction value is between $400 million and $500 million.
Israeli robotics company BionicHive files for liquidation
The company owes investors 65 million shekels (about $17.8 million) and employees 70,000 shekels (about $19,200)
Israeli fintech company acquired by Italian company for $150 million
Morning was originally founded in 2011 as “Green Invoice”.
Saudi Arabian artificial intelligence infrastructure company OmniOps receives $8 million in financing
The funding round was led by GMS Capital Ventures and will be used to expand operations and improve the country’s R&D and artificial intelligence infrastructure.
Australian electric vehicle charging company raises US$45 million in net financing
The round was led by Mirova, with support from Clean Energy Finance, RACV and Kilara Capital.
EU approves Nvidia's $700 million acquisition of Israeli artificial intelligence company
The commission determined that the acquisition did not raise competition concerns, allowing the transaction to proceed.
MY's Catcha Digital acquires 60% stake in advertising company
This acquisition marks Catcha Digital’s entry into the field of automotive digital media.
Israeli financial technology company Justt receives US$30 million in Series C financing
The company aims to become profitable by 2027 and reduce its headcount from 200 to about 100 people.
Zomato-backed company appoints former Flipkart top executive as chief financial officer
Before joining Blinkit, Vipin Kapooria managed financial operations at Flipkart.
Israeli artificial intelligence company Decart received US$32 million in Series A financing
Decart’s Series A valuation is approximately US$500 million, a significant increase from the previous round.
Artificial Intelligence-driven space technology company signs UAE contract worth $510 million
The agreement extends Space42’s secure communications services beyond 2026.
Indian fintech company Curie Money raises $1.2 million in seed funding
Curie Money aims to fill a gap in the Indian market by combining higher mutual fund returns with banking and payment services.
Indian climate technology company raises $1 million in seed funding
The funding will be used to develop the company's climate risk management platform, Resilience360.
Israeli fintech company secures US$11 million in financing
The investment was led by The Garage, with participation from State of Mind Ventures, Anfield and Guy Gamzu.
US defense technology company launches new artificial intelligence subsidiary
The subsidiary will promote the adoption of artificial intelligence in the U.S. defense sector and other industries requiring high-assurance systems.
Chinese self-driving truck company faces board dispute
Relations with the company have become increasingly tense since co-founder Hou Xiaodi was ousted as CEO in 2022.
Israeli medical technology company raises $8.3 million in seed funding
The round was led by Awz Ventures and also received support from AstraZeneca, Pfizer and funding from the Israel Innovation Authority.