Winners and Losers of the Week
The current investment was led by New York-based venture capital and private equity firm Insight Partners. According to one person familiar with the matter, the current round is estimated to be the company’s final one before attempting to go public, most likely in 2021. Read more
Grove II will invest in early-stage Israeli deep tech companies, the firm said. Grove has already made two investments from its second fund that will be announced in the upcoming months. Read more
The buyer, New Zealand-based Livestock Improvement International, will pay Afikim residents $28 million and $42 million to private equity firm Fortissimo Capital for its stake in the company. Read more
Less than a week after Calcalist reported a severe security breach compromising the personal data of over 6 million Israeli voters, two new security breaches were discovered this week in the campaign management app used by Israel’s ruling Likud party. In addition to the personal details of almost 6.5 million Israelis which leaked for the second time, the new flaws also revealed correspondence between activists and potential voters as well as the app’s source code, according to activist hacker Noam Rotem and Ran Bar-Zik, a senior developer at Verizon Media, who discovered the leaks. Read more
According to a survey conducted by coworking real estate company MindSpace, U.K. office workers are less happy than their counterparts around the world, with only 76% of them saying they were happy or very happy with their jobs. Read more
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