This isn’t an April Fools prank – 33 Israeli startups raised $457.35 million last month. Great way to celebrate Passover.
Leading the financing round is social-trading firm eToro, who raised $100 million in Series E funding to focus on blockchain technologies. eToro, founded in 2007, has raised more than $162 million in total and is now valued at $800 million.
Pack up your bags; we’re heading to the next startup – TripActions. TripActions is a California-based startup founded by two Israelis that helps companies save money on business trips. It looks like saving money got the company $51 million in series B funding.
Medial EarlySign uses machine-learning to help detect and prevent diseases. The startup was co-founded by three Israelis, one of them is Nir Kalkshtein, brother of GKI Group’s founder Gal. Medial EarlySign raised $30 million led by aMoon Fund, but also included investors such as Nir Kalkshtein himself. Nir also took part in the funding round of cancer detection Nucleai that raised $5 million earlier this month.
The last one, for now, RapidAPI, an open-source API marketplace, raised $9 million from Andreessen Horowitz and others. The startup became famous for its co-founder and CEO Iddo Gino, a wonder-kid who founded RapidAPI three years ago when he was just 17 years old.
Happy Passover,
GKI Group and Startup Israel Community.
