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How the pre-seed round made a comeback in 2024

VC Cafe

Data by Carta (mostly US companies) reveals that although on average startups saw a 50% reduction in funding in 2023 (the impact in Israel was closer to 65%) pre-seed funding rounds rose by 51%! Sam Altman recently said that we’re not far from the day that we’ll see a billion dollar company with one or few employees.

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DataRails Hires David Rosenberg as New VP of Customer Success

The Startup Magazine

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. Rosenberg comes fresh from managing the growth of Keyrus, a data consulting company, from 35 to 120 employees. DataRails has already raised $53.5

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Meet the 32 Israeli Centaurs that reached $100M in ARR

VC Cafe

I’m excited for the talent that will spin out of those companies to create the next generation of B2C stars coming out of Israel. Sorry for the humbrag, but I’m proud to see Minute Media , our Remagine Ventures portfolio company (and our only later stage investment) on this prestigious list.

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McLaren Strategic Ventures Sajan Pillai Discusses the Top Five Trends for Advancing Global Technology in 2022 

The Startup Magazine

Industries like cybersecurity and technology are struggling to maintain the levels of innovation needed to continue unprecedented growth due to constraints on sourcing local talent. His leadership saw UST Global grow significantly, seeing the company grow from 20 employees to more than 25,000 employees today.

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Take Five – how shut are the venture markets right now?

VC Cafe

While these prices are still high compared to what we see in Israel, Investors have putting a stronger focus on revenue growth (and in particular startups that can reach substantial revenue targets) especially before series A. The first version of its smart glasses (code name Orion) will be distributed to Developers (according to TheVerge ).

Valuation 151
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Non-Obvious tips for job seekers in 2023

VC Cafe

” Milton Berle At the moment of publication of this post, over 95,508 tech employees from 308 companies were laid off since the beginning of 2023 according to Layoffs.fyi. In Israel, the market I actively invest in, the number stands on 2,000. “If Opportunity Doesn’t Knock, Build a Door.”

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Invest in Israel Newsletter October 2011 Edition

VC Cafe

As every month, VC Cafe is re-posting the “Invest in Israel” Newsletter, published by the investment promotion center of Israel’s Ministry of Industry, Trade and Labor , which offers many helpful tools for prospecting investors. For the Invest in Israel archive, click here. The Israel/U.S. for about $158.1

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