High tech

Firm led by first Israeli NBA player Omri Casspi opens new $250 million fund for high-tech startups

The announcement made by Casspi's firm, Swish Ventures, says that the funding will focus on 12 high-tech startups with an average value of $20 million each.

Omri Casspi #18 of the Memphis Grizzlies dunks the ball during a game against the Boston Celtics at TD Garden on January 18, 2019 in Boston, Massachusetts.
Tzuri Dabbush, Chairman of Klil.

Klil chairman: 'The high-tech-industry gap: 80% AI accuracy? In industry, that’s failure'

AI. Illustration.

Demand for AI skills surges in nontech jobs as high tech layoffs persist

Sofaer Global MBA Graduates and Staff.

Tech Talk: TAU launches one of world’s first Deep-Tech MBAs as science reshapes Israel's startups


Dramatic split: The new map of upheavals in Israeli tech

Tech employment remained stable and the sector is not collapsing but reorganizing: While software companies recorded 6.6% layoffs, hardware stood at just 1.1%.

High-tech office complex

After firing 600 workers monday.com CEOs seek double pay

The two are asking the shareholders to approve a plan whereby their compensation could gradually rise from $7.3 million in 2025 to $14.6 million each in 2029

monday.com's co-CEOs, Roy Mann and Eran Zinman

Tel Aviv among world’s most expensive for employers, least lucrative for employees

Study comparing employment costs across 13 US, European, and Israeli cities finds Tel Aviv ranking second only to San San Francisco.

Alon Towers complex, Tel Aviv

Israel defense-tech hiring jumps 20% as AI layoffs spread among high-tech sector

GotFriends found that defense-tech startups are expanding recruitment and raising salaries as other technology companies cut staff and restructure around AI.

Anduril at a border defense tech expo

Oxygen of NIS 1B for hi-tech: Who will receive state aid and who will be left out?

The government is expanding its coffers and injecting NIS 1 billion into start-ups whose operating horizon shrank due to the strengthening of the shekel against the dollar.

Illustration: High tech office

Mobileye stock plummets following Amnon Shashua’s departure

Mobileye stock fell 15% after founder and CEO Prof. Amnon Shashua announced his resignation, despite the company reporting improved profitability.

Prof. Amnon Shashua

Intel hits roadblock: State cancels massive NIS 1.3B grant for 2025

The promised Kiryat Gat investment spree faces reality: Following the freeze on factory expansion, the state halted 2025 funding, putting the 2026 grant in doubt as well.

Intel offices in Petah Tikva

Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis

The fund aims to provide a financial hand for technology startups and early-stage projects whose runway to operate the company has been hit because of the strong shekel.

Shekel-dollar ilustrative picture.

Who is eligible to be accepted into Sderot’s "tech neighborhood"?

Threshold conditions require 5 years of experience and a monthly salary of nearly NIS 32,000, with subsidies and tax benefits saving tens of thousands of shekels annually right away.

Will Sderot's new tech hub lure developers away from central Israel?

Israeli AI cyber startup Glow launches with $180m funding at $1.2b valuation

Founded by veterans of Meta, Snowflake and Claroty, Glow says its AI agents continuously map workplace devices, remove risky software, and enforce security policies.

Glow leadership Omer Singer (CTO), Emily Heath (COO), Roi Tiger (CEO), Ophir Arie (VP of R&D) and Arnon Joseph (CPO).