Cloud infrastructure startup Volumez adds another $20 million to Series A

Cloud infrastructure startup Volumez adds another $20 million to Series A. The new funding takes the Series A to $40 million in total after initially raising $20 million last April.

BlackRock offloaded $130 million-worth of NICE shares in first half of 2024. The investment giant’s stake in the Israeli software company has dropped from 5.4% at the end of 2023 to 4.3% as of the end of June. NICE has seen its shares fall by over 12% so far this year, hitting their lowest mark since 2020.

Enso raises $6 million for its guided AI agents platform to make AI accessible to SMBs. The company wants to help 59% of SMBs who would like to generate new ideas for growth but who are burdened by the daily demands of running a business.

Israel Aerospace Industries strikes $1 billion spy satellite deal with Morocco. IAI Chairman Amir Peretz flew to Morocco via a European country in recent days to sign the deal, which had been kept secret until now.

"Economically irresponsible policy could lead to the emigration of strong populations and a spiral of collapse." The former Chief Economist of the Ministry of Finance, Shira Greenberg, says that unless steps are taken for different sectors of Israeli society to share in the national security and economic burden, "it will mean severe long-term economic damage."