WalkMe makes $ 2.6 billion. IPOs while Israeli startups raise over $ 200 million.

It’s another busy day in the Start-Up Nation. WalkMe, whose business orientation and engagement platform helps companies better realize the value of their software investments, completed its initial public offering on the Nasdaq market on Wednesday. The company, which trades under the ticker symbol “WKME, has raised about $ 287 million at $ 31 per share, or a valuation of nearly $ 2.6 billion.” The Tel Aviv-based company is the fifth Israeli company to go public in the United States with a valuation of more than $ 1 billion, after games company Playtika, traffic analysis company SimilarWeb, the platform. Global-E e-commerce form and Monday labor management platform. com, which went public last week.
Meanwhile, Israel’s record fundraising year continued on Wednesday, with more than $ 200 million. raised in a day. Israeli start-ups have raised more than $ 10.7 billion. since the start of the year, exceeding the total raised for 2020 less than half the time.
Bringg, a last-mile delivery and fulfillment cloud platform provider, said it achieved unicorn status by closing $ 100 million. $ 1 billion Series E investment round. Evaluation. The funding will be used to rapidly scale the company’s platform through mergers and acquisitions and by developing its ecosystem of strategic and technology partners. The Tel Aviv-based company said the tour, which makes it the only unicorn in the execution space, was led by Insight Partners with the participation of seven existing investors, including Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, and Viola Growth.

Jerusalem-based KAHR, a cancer immunotherapy company developing new, multifunctional immuno-recruitment proteins, has raised $ 46.5 million. The funds will be used to advance the clinical development of the Company’s flagship product candidate, a fusion protein targeting for the treatment of solid and blood cancers.

Gloat, whose talent marketplace platform aims to reinvent work and careers in global companies, has announced an investment of $ 57 million. Series C financing round led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners and PICO Partners. With total funding of $ 92 million, the company will accelerate product innovation and market expansion, he said.
Trigo, whose technology allows buyers to skip the checkout with frictionless payment technology, has raised around $ 10 million. German retail giant REWE Group and Viola Growth, a large Israeli tech investment firm, taking its lifetime investment above $ 100 million. The investment comes with a partnership with REWE, Germany’s second largest grocery retailer, to provide a ‘take out’ shopping experience for REWE customers at a new store in Cologne city center . Tesco, the UK’s largest grocery retailer, invested in the Tel Aviv-based company and opened a similar store last year.
On Tuesday, Duda, a website building platform for digital agencies and SaaS businesses, said it had raised $ 50 million. in Series D funding, led by Claridge IL along with existing investors Susquehanna Growth Equity and Vintage Investment Partners, bringing its total raised to $ 100 million. There are now one million websites published and created by more than 17,000 web professionals worldwide on the Duda platform, the Tel Aviv-based company said. the new funding will be used to accelerate growth by developing new products and features and increasing investments in all departments.
Israeli emergency response technology company Carbyne said on Tuesday it had raised $ 20 million. just four months after raising an additional $ 25 million. The new funding was led by Global Medical Response, the largest private provider of emergency medical services in the United States, and the two partners will team up to develop advanced interactive communications solutions for the healthcare and healthcare sectors. Medicine.

Also on Tuesday, digital insurance company Libra raised NIS 24 million. with its IPO on the Tel Aviv Stock Exchange on Tuesday at NIS 450 million. Evaluation. The company plans to obtain a license to sell life insurance in Israel in the coming year.


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