Morgan Stanley cuts Israel sovereign credit to "dislike stance", Moody's warns of "significant risk”

Morgan Stanley cuts Israel sovereign credit to "dislike stance", Moody's warns of "significant risk.” There is "a significant risk that political and social tensions over the [judicial reform] will continue, with negative consequences for Israel's economy and security situation," Moody’s wrote.

Thales acquiring cybersecurity company Imperva for $3.6 billion. The French giant is purchasing the Israeli-founded company from private equity firm Thoma Bravo, which paid $2.1 billion for Imperva five years ago.

Cybersecurity startup Deep Instinct laying off 15% of team. The company will be parting ways with 46 of around 300 employees, including 19 in Israel.

Blackstone investing $10 million in cybersecurity startup Adaptive Shield. The financial giant is already a client of the Israeli startup, and this deal is part of a strategic agreement between the two companies to integrate the cyber company's technology into Blackstone's operations.

Vesttoo scandal aftershocks still rocking insurance sector. Clear Blue Insurance Group and Obsidian Insurance Holdings are among those to have been affected by the alleged fraud that took place on the Israeli startup’s platform.

Brevel completes $18.5 million Seed round to develop alternative protein from microalgae. The Israeli startup’s technology combines sugar-based fermentation of microalgae with high light concentrations at industrial scales to produce a protein that will be incorporated by food manufacturers into plant-based products.