Globes (Rishon LeZion, Israel)

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Latest documents

• Cybersecurity co Claroty raises $200m at over $3b valuation

  Israeli cybersecurity company Claroty has announced the completion of a $150 million Series F financing round, led by Golub Growth. The round includes additional confirmed participation from existing investors up to $50 million in a secondary deal to purchase shares from employees. This brings to $900 million the amount raised by the company.

• Tax Authority cryptocurrency voluntary disclosure falls flat

  Since the publication of the new voluntary disclosure procedure in August 2025, 122 disclosure requests have been submitted to the Israel Tax Authority, with the reported capital amounting to NIS 262 million and the tax due estimated at NIS 19 million, "Globes" has been told. Is this what the Tax Authority expected? The obvious answer is no, but Israel Tax Authority director Shay Aharonovich is in no hurry to write off the procedure.

• Savings account rates remain firm despite BoI cut

  At the beginning of the month, the Bank of Israel Money Committee surprised the economy by cutting the interest rate 0.25% for the second consecutive time to 4%. The reduction is expected to affect the interest rate paid by savings accounts to the public. But the emergence of competition in the banking system is creating alternatives to the traditional deposit.

• Lemonade jumps after halving premiums for Tesla FSD cars

  The share price of Israeli digital insurance company Lemonade (NYSE :LMND) is up by more than 16% after the company announced that it would offer a 50% discount on insurance to drivers of Tesla vehicles with active FSD (full self-driving) systems), in a product called Lemonade Autonomous Car insurance. In cooperation with Tesla, Lemonade gathered data showing that vehicles using such systems were involved in far fewer accidents than other vehicles.

• Israeli financial planning co Datarails raises $70m

  Israeli AI-native financial planning platform Datarails today announced the completion of a $70 million Series C financing round led by One Peak and with the participation of existing investors Vertex Growth, Vintage Investment Partners, Zeev Ventures, Innovation Endeavors, Joey Low, Qumra Capital, and Claltech. This latest investment brings the total amount raised by the company to $175 million. Estimates are that the funds were raised at a company valuation of $600-700 million.

• Defense Ministry orders boost Israeli startups

  2025 was highly successful for defense startups in Israel, which won orders worth NIS 1.08 billion, about 25% of which came from foreign customers. In addition 31 startups received international exposure at leading exhibitions around the world, according to the year-end report of the Ministry of Defense Directorate of Defense R&D (DDR&D) (MAFAT).

• Int'l fiber optic project delays put Israel at risk

  Israel is meant to be at the center of at least four international telecommunications projects (if the participation of the Eilat-Ashkelon Pipeline Company in one of them counts) and serve as a main junction in data and Internet transmission between East and West. Submarine fiber-optic cables were supposed to land at cities along Israel's Mediterranean coast such as Netanya, Ashkelon, and Rishon LeZion, and at Eilat on the Red Sea, and substantially improve the ability of Israeli companies to transmit information within the country and outside of it, and to carry out complex data processing for cloud and AI infrastructures.

• Assaf Rappaport consortium mulls buying Channel 13

  Len Blavatnik, the owner of Israel's Channel 13, has already decided to sell the TV station, partly due to ongoing weakness in ratings in recent years and serious problems in the company's management. Last April, Blavatnik signed a memorandum of understanding with the channel's CEO Emiliano Calemzuk, who will receive 74% of the company's shares along with a group of US Christian evangelical investors. Calemzuk was unable to form the consortium and. It has now been learned that there are several figures from Israel's tech industry who are considering buying Channel 13.

• New forces at play as shekel appreciates

  The forces determining the shekel-US dollar exchange rate are not quite the same as they were, according to senior market analysts. The exchange rate has risen in the past twenty-four hours to over NIS 3.16/$, against the background of declarations by the US administration and the growing fear of a trade war between the US and the EU, but in the past few weeks it has been around NIS 3.14/$ and even lower. The rate has been at its lowest for four years.

• Mutual hedge funds approach NIS 4b

  A stormy session took place in the Knesset Finance Committee on Monday on mutual hedge funds, a sophisticated investment product that makes a type of investment that was previously open to the wealthy and to financial institutions accessible to anyone. The product has been available in Israel for two years.

Featured documents

• Export controls strangling Israel's cyberattack industry

  In the past few days a small, little-known Israeli cyberattack company called Nemesis shut down. The company, which tried to compete with NSO Group with spyware that takes control of smartphones, was never exposed by the media, and did not even have a company website but its closure marks for many...

• "We want Israel in the driver's seat in dealing with China"

  In the 1870s, the US overtook Great Britain as the world's leading economy, a title it bears alongside "Leader of the Free World". But all that could change within the next ten years, if the predictions come true and it is overtaken by China, its most significant economic rival. There are some...

• Not everyone's happy about Israel's newest med school

  When Reichman University initiated the establishment of Israel's first private medical school, it was, as its website put it, "with the aim of helping to solve the existing shortage, and to immediately increase in the number of medical students in Israel." The new school, according to Reichman's...

• Even in wartime Israel and India strengthen ties

  In May, two ships that left Chennai in India and sailed through the Strait of Gibraltar on their way to Ashdod in Israel. The cargo ship Borkum was carrying 20 tons of rocket engines, 12.5 tons of rockets with warheads, 1,500 kilograms of explosives, and 740 kilograms of materials for artillery,...

• An electric plane in your garage

  Rani Plaut wanders through the giant workshop of his startup company, AIR, located behind a shopping mall in the drab Pardes Hanna industrial zone. A team member calls out to him, to come check out the new plane under construction. The craft is the size of a family car, with a large cabin that...

• "We want Israel in the driver's seat in dealing with China"

  In the 1870s, the US overtook Great Britain as the world's leading economy, a title it bears alongside "Leader of the Free World". But all that could change within the next ten years, if the predictions come true and it is overtaken by China, its most significant economic rival. There are some...

• Femtech seeks to provide alternatives to the pill

  The invention of the pill was probably the biggest earthquake undergone by feminism: a cheap and available means that allows billions of women worldwide to manage their future, their family and their livelihood. It was undoubtedly an event that makes it easy to see how life has changed before and...

• Tech giants battle for data center real estate in Israel

  Five years ago, two major cloud computing players, Google and Amazon, were offered the possibility of hosting Israeli data centers. "The Israeli market is too small," their local managers were told. In retrospect, that was a big mistake. Today, the two giants are in an especially tight race to...

• Israeli insurtech co Vesttoo raises $80m at $1b valuation

  Israeli insurtech company Vesttoo has announced the completion of an $80 million Series C financing round at a company valuation of $1 billion (after money). The financing round was led by Mouro Capital with the participation of Gramercy Ventures, Black River Ventures (BRV) and Hanaco Ventures....

• How has mighty Intel fallen?

  Almost a year ago, in late summer 2024, Lip-Bu Tan left his seat on Intel's board of directors in a rage. At the time, his dramatic exit was interpreted as a red flag for the company's continued operation; Tan, one of the semiconductor industry's top executives - who earlier in this century had...