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Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

March 9, 2021

Israeli venture capital fund YL Ventures has sold its stake in compatriot cybersecurity firm Axonius – just days after the latter was valued at over a billion dollars. The stake, worth around…

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OurCrowd Jobs Index Shows Startup Hires Growing Despite Pandemic

February 23, 2021

Startups backed by influential Israel-based equity crowdfunding group OurCrowd are looking to hire in greater numbers, despite the lingering COVID-19 pandemic. The number of jobs listed by OurCrowd’s global portfolio companies more…

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For Vertical Farms to Succeed, Sensors Must Take Center Stage

February 19, 2021

Vertical farming—the process of cultivating produce in stacked, indoor shelves, rather than side-by-side in fields—is a fast-growing industry (pardon the pun). Since it was conjured (or revived, depending who you ask) in…

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Seattle’s Flexe Raises Another $10m to Supercharge Series C

January 20, 2021

FLEXE, a Seattle-based startup that offers retailers on-demand warehouse space, has raised another $10 million of a Series C funding round it first announced last month. The extra cash brings the round…

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Indian HR Firm DarwinBox Raises $15m for Southeast Asia Scale

January 18, 2021

Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the southeast Asian market. The round, led by Salesforce…

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Dallas Diversity Startup Kanarys Wins $3m Seed Round

January 7, 2021

Kanarys, a startup aiming to help employees and companies build diverse workplaces, has won a $3 million seed funding round, bringing its total backing to $4.6m. The Dallas, Texas-headquartered firm, launched in…

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SparkBeyond Proves AI’s Place in Post-Pandemic World

January 6, 2021

The COVID-19 pandemic has forced the world to confront harsh realities. First, our ultra-high-tech existence can be brought to its knees by even a modest display of nature’s destructive power. Second, the…

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Atlanta Security Startup OneTrust Secures $300m Funding to Go On Spending Spree

December 21, 2020

OneTrust, a startup marketing itself as the “most widely used platform to operationalize,” has won a $300 million funding round, with which it plans to embark on a spending spree. The 2016-founded…

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Days After “Fixing” First One, Gmail Suffers Giant Outage

December 15, 2020

Gmail users have experienced a host of problems, as the mail service struggles to rebound from Monday’s global outages. “We’re aware of a problem with Gmail affecting a significant subset of users,”…

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Flipkart’s Payments Firm PhonePe in Partial Spin-out, Valued at $5.5bn

December 5, 2020

Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The deal, which makes PhonePe $700 million in primary capital, boosts Bengaluru-based PhonePe’s…

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Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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