Author: OurCrowd

[Classiq in Business Wire] Classiq announces strategic investment from global business leaders HSBC, NTT Finance, Neva SGR (Intesa Sanpaolo Group)

TEL AVIV, Israel, May 16, 2022–(BUSINESS WIRE)–Classiq, the leader in quantum software development, today announced the participation of three industry leaders – HSBC, NTT Finance, and Intesa Sanpaolo – in the second closing of its Series B funding. This comes on the heels of its earlier Series B round news, and brings Classiq’s funding for this round to $36 million and its overall funding to $51 million. It also demonstrates that key industry players view quantum as a strategic imperative. Read more...

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[Arbe Robotics in ETF Daily News] Arbe Robotics Ltd. (NASDAQ:ARBE) Given Consensus Rating of “Buy” by Analysts

Arbe Robotics Ltd. (NASDAQ:ARBE – Get Rating) has been given a consensus recommendation of “Buy” by the six analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $16.00. Read more...

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[Zoomcar in Zawya] ETIT and Zoomcar Egypt sign partnership to provide the latest tracking devices to the cars

Cairo – Egyptian Company for Tracking Services (ETIT) has announced collaboration with Zoomcar, the largest car sharing marketplace covering emerging markets, according to which, Zoomcar fleet will obtain a number of tracking devices. The partnership aims to provide both car owners and renters with the best services along with the highest levels of security and safety, thus becoming the only company in Egypt that offers this type of solutions within the smart mass transportation sector. Read...

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[Hub Security in PR Newswire] HUB Security announces an NIS 17M PIPE close at NIS 6 per share and an update on the upcoming NASDAQ SPAC merger

TEL-AVIV, Israel, May 15, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a Tel-Aviv based developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company”), announces an update on a closing of a PIPE round and the status of the Company’s expected SPAC merger with Mount Rainier Acquisition Corp. (NASDAQ: RNER). Read more...

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