VC fundraising hits record, Jerusalem becomes a hi-tech hub, Israel makes it to Bloomberg’s top 10 Innovation Index, and more from the Startup Nation, below.

Start getting this weekly newsletter via email: Subscribe now

Israel secures top-10 ranking in 2017 Bloomberg Innovation Index

Moving up one spot from last year, Israel has been named the 10th most innovative economy in the world in the 2017 Bloomberg Innovation Index. Read more.

OurCrowd & Portfolio Companies in the News

IVC: Israeli VC fundraising strengthens

The expected final total of $1.6 billion will be a record for the past decade, IVC Research Center reports. Read more.

Oracle sets up Tel Aviv startup accelerator for cloud edge

US software giant to provide support, services and mentorship to Israeli startups in multi-million dollar global plan. Read more.

Jerusalem of tech: How the capital has given Tel Aviv a run for its start-up money

The sleepy capital is becoming a hi-tech hub to be reckoned with. Read more.

 

News Nuggets

  • Mobile ad analytics company AppsFlyer raises $56M (Globes)
  • What makes Israel’s innovation ecosystem so successful (Forbes)
  • Electra, TechForGood to set up innovation project (Times of Israel)
  • Fraugster, a startup that uses AI to detect payment fraud, raises $5M (TechCrunch)
  • Augmented reality lens maker Lumus conjures up a $6M investment from Alibaba (Geektime)

invite logo

Subscribe for weekly updates about the Startup Nation to your inbox.

See this week’s original newsletter here.