Cyber startup Oasis secures $35 million Series A extension, doubles valuation

Cyber startup Oasis secures $35 million Series A extension, doubles valuation. The Israeli startup’s solution aims to tackle the exponential growth of Non-Human Identities which malicious attackers are exploiting with increased efficacy.

April 2024 in Israeli tech funding: Over $1 billion in 20 deals. After hitting a five-year April low with $377 million raised last year, Israeli startups crossed $1 billion in funding last month, which hasn't happened in a single month since August 2022.

From $200 million valuation to insolvency: Insurtech startup Sproutt heading for bankruptcy. The Israeli startup raised $38 million since its founding in October 2017, but struggled to generate income and turned to the court due to its inability to pay its debts.

Remepy raises $10 million Seed round to bring first hybrid drug to market. The Israeli startup’s new hybrid drugs combine traditional drugs with its “digital molecules.” Digital molecules are therapeutic interventions that trigger physiological effects through the brain.

Tesla freezes hiring in Israel amid global layoffs. Recruitment of candidates has been halted and job openings previously listed by Tesla Israel have been removed from the company's website.