Unicorns become essential breeding ground for new startups

Unicorns become essential breeding ground for new startups. Out of 89 Israeli unicorns, 46 have already given birth to a new generation of 207 startups, according to a report by Accel and Dealroom.

RedDress raises $26 million to heal chronic wounds with product created from patient's own blood. The company has developed an autologous, point-of-care wound management solution that creates an in-vitro blood clot from patients’ own whole blood.

Western Digital lays off 7% of workforce in Israel. The hard drive manufacturer is parting ways with 60 of its 800 employees in the country.

LA confidential: What’s a Hollywood producer doing on the board of NSO's parent company? Calcalist has learned that Hollywood producer Robert Simonds, whose 30 movies made a combined $6 billion at the box office, is listed as one of the two directors, along with Omri Lavie, at Dufresne Holding, NSO’s parent company. What’s the movie mogul’s motive?

Cloud company Qubex wins StartUp+ competition. The startup, which is building a platform that allows companies to adjust the size of their cloud to their actual consumption, was followed by Faireez, a platform that offers task-based cleaning services for homes by connecting cleaners with property management companies.