Fired by Shufersal, Haredi Entrepreneur Now Buys 11 Supermarkets for NIS 35M
Haredi entrepreneur Daniel Verdiger, formerly of Shufersal, is acquiring 11 City Market supermarkets for NIS 35 million, significantly expanding his retail.
Business
Chamelio Raises $26M to Bring AI Agents to In-House Legal Teams
Israeli AI legal tech company Chamelio has raised $26 million in Series A funding to enhance its AI agents for in-house legal teams.
Israels Valens Semiconductor Partners With US-Based onsemi on Automotive Sensors
Israel's Valens Semiconductor and US-based onsemi are collaborating to develop lower-cost 3-megapixel automotive camera sensors.
Foreign-Controlled Companies Employed 288,000 in Israel in 2025, Data Shows
In 2025, foreign-controlled companies employed 288,000 in Israel, with nearly half in high-tech, according to the Central Bureau of Statistics.
Israel Land Authority Awards Tender for 100 Hotel Rooms in Negev Desert
Israel's Land Authority awarded a tender for a 20-acre site in the Negev Desert for commercial, office, and tourism development, including 100 hotel rooms.
Dvash Group, Hebrew University Partner on $50M Deep-Tech Fund
Jerusalem's Dvash Group and Hebrew University partner to launch a $50 million venture capital fund for deep-tech startups.
U.S. Defense Firm Ondas Acquires Israels GATE Technologies for $205M
US defense firm Ondas Inc. has acquired Israeli defense firm GATE Technologies Ltd. and its Polish affiliate for $205 million, bolstering its advanced fuzing.
Teva Drops ADS, Trades Regular Shares on NYSE to Cut Costs
Teva Pharmaceutical Industries transitioned to trading ordinary shares on the NYSE on September 14, replacing ADSs to cut costs.
Israeli Weight-Loss Pill Maker Epitomee Medical Stock Surges 110% in Three Days
Israeli weight-loss pill maker Epitomee Medical's stock surged 110% in three days following CEO Dolev Rafaeli's new distribution strategy.
Tel Aviv-Based Buildots Raises $130M to Scale AI Construction Technology
Tel Aviv-based Buildots raises $130M led by O.G. Venture Partners, scaling AI construction technology with major firms like Intel and Digital Realty.