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Siga secures $8.1M Series B to prevent cyberattacks on critical infrastructure

TechCrunch

Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Series B funding. million in Series A funding. Researchers simulate a ransomware attack on industrial controls.

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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

And while Israel doesn’t have a Silicon Valley, it named its high-tech cluster “Silicon Wadi” (“wadi” means dry desert river bed in Arabic and colloquial Hebrew). Much of Israel’s high-tech industry has emerged from former members of the country’s elite military intelligence units, such as the Unit 8200 Intelligence division.

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HawkEye 360 raises $145M to scale space-based radio frequency data and analytics

TechCrunch

The biggest players in the Earth observation industry use imaging satellites to deliver intelligence and analytics, but startup HawkEye 360 is taking a different tack. Investors agree, to the tune of $145 million in new funding as part of HawkEye’s Series D round. Image Credits: HawkEye 360 (opens in a new window).

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Headout raises $12M, plans to hire 150+ people as domestic travel rebounds

TechCrunch

The travel industry was one of the hardest hit by the pandemic , and startup Headout was no exception. The new funding will be used to expand into 300 cities, product development and its product, business, marketing and operations teams. Then COVID-19 hit. The company began focusing on domestic tourism in the last quarter of 2020.

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Thynk wants to upgrade hotel stays with a vertical software platform

TechCrunch

Meet Thynk , a new company that wants to build the definite enterprise software solution for the hospitality industry. This round was led by Singular , with a New-York based fund managed by Itai Tsiddon and Belgian investment firm CNP (Groupe Frère) also participating. The startup just raised a $13 million Series A round.

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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

Bearing the brunt of the impact is the fashion industry, which employs millions of workers at retail stores, suppliers, and manufacturing factories around the world. Customers can also use Fashinza to track time and action calendars, a tool used in the apparel industry to follow up on manufacturing milestones to ensure timely delivery. .

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With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

TechCrunch

“Having worked in the industry for about eight years now, I know that one product can’t solve all mobility needs because our needs are diverse as a populace and even on a per trip basis,” continued Dhanoa. “We are profitable in all five of our markets on a unit economic basis,” said Dhanoa.

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