Darrow raises $35M in Series B Funding Round
Astrix closes $25M Series A round
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What’s New at F2 | January 21

Yaffa Abadi

February 1, 2021

VOOM Launches the World’s First Digital Insurance Solution for Light Planes

Together with Israel’s largest aviation broker, Aerospace Insurance Brokers, VOOM’s product, Skywatch.ai has expanded its general aviation operations by providing digital insurance solutions for all members of the Israeli Light Aircraft Association (ILSA).

“We are proud to expand our cooperation with The Phoenix Insurance, and Aerospace Insurance Brokers, to provide a first of its kind digital solution for light aviation” says Tomer Kashi, VOOM’s Co-Founder and CEO.

Read more about this revolutionary new product

4M Analytics Earns Frost & Sullivan’s 2020 Global Subsurface Utility Engineering Data Enabling Technology Leadership Award

According to the Enabling Technology Leadership Award criteria, Frost & Sullivan analysts follow a 10-step process to evaluate award candidates and assess their eligibility according to select best practice criteria. 4M Analytics’ highly detailed,highly accurate, and interactive smart map of all underground utilities and structures made them a fitting and worthy recipient for the prestigious award.

Read more about the Frost & Sullivan Award

4M Co-founders

Zero Networks Chosen for Deloitte’s First Launchpad Program In the US

Deloitte has launched their first US Launchpad, a new program aimed to help Israeli startups in the complex process of expanding into and conquering the American market by providing founders support and access to Deloitte’s global network and resources. Zero Networks is one of the seven startups who were chosen for the program after a vigorous screening process led by a committee of 28 Deloitte Partners and Managing Directors in Israel and the US.

Read more about the Deloitte’s Launchpad

Alcide Gets Acquired by US Company Rapid 7 for $50 Million

The American Cyber giant, Rapid 7, announced the acquisition of Junction alum, Alcide.IO Ltd, which provides a cloud-native security platform from code to production to continuously secure workloads running in Kubernetes. As part of their agreement, Alcide, which employs 30 people, will function as Rapid 7’s Israeli development center. Rapid 7 is traded on Nasdaq at a valuation of $4.5 billion and this is its first acquisition of an Israeli company. Though the companies did not disclose the value of the deal, it is estimated at around $50 million.

Read more on Alcide’s acquisition

Alcide.IO Team

Swapp Raises $7 Million to Automate Construction Planning With AI

Another Junction alum, Swapp announced that it raised $7 million in venture capital. The company plans to put the funds toward “continued market expansion” and growing its platform’s AI capabilities.

“Swapp’s AI solution is a game-changer in the field of real estate development and construction-planning,” says co-founder and CEO Eitan Tsarfati

Read more on Swapp’s latest funding round

Swapp Team


Unicorn Sightings: 15 Israeli-Founded Firms Join Billion Dollar Club In 2020 | NoCamels

Hit the Emotional Gym — The Founder’s Framework for Emotional Fitness | First Round Review

Tesla vs. NIO: Battle for the World’s Largest EV Market | WSJ

When your broker is a bot: Artificial intelligence boosts NYC apartment searches |Brick Underground

Here’s how GameStop went from dying retail relic to a ‘meme stock’ that has rattled the American stock market |Business Insider

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