Empathy raises $47 million Series B for platform that assists with grief and the loss of a loved one

Empathy raises $47 million Series B for platform that assists with grief and the loss of a loved one. In the past three years, Empathy has made a full range of assistance with grief, estate settlement, probate and more available to 5 million employees and 35 million policyholders across the US.

Tech’s gender gap: representation isn’t enough without equal pay. A new report published by Compete, in partnership with Power in Diversity, Viola Group and Meitar Law Offices, shows that Israel’s tech sector is still rife with gender disparity particularly in executive roles and seed stage companies with a persistent wage gap.

Pecan AI parts ways with a third of its workforce in second round of layoffs. The startup is laying off approximately 30 employees, meaning that in a little over a year it has gone from around 130 employees to about 60.

After surging 900% to reach $1B market cap, Israeli drone camera company sets sights on accelerated growth. "Our efficiency allows us not to increase product prices and still maintain high profitability," says Chen Golan, chairman of NextVision, which manufactures cameras for aircraft. NextVision doubled its revenue to $52 million last year, with net profit jumping 250%. The company is expecting 70% growth in 2024.

"The ingenuity and persistence of Israeli entrepreneurs are reasons to remain optimistic and bullish." Shuly Galili, Co-Founding Partner at UpWest, joined CTech for its 2024 VC Survey to discuss why she remains optimistic regarding Israeli tech and the significance of maintaining a healthy communication with international bodies amid war.