Author: OurCrowd

[Arbe Robotics in Globes] “Israel has more unicorns than all of Europe”

Investment banker Edouard Cukierman: If you’re a SPAC that needs an acquisition target, you look in Israel. The SPAC trend has made many people much busier, and one of them is Edouard Cukierman, chairman of Cukierman & Co. Investment House Ltd. and managing partner of venture capital firm Catalyst Investments. Cukierman is involved in the phenomenon wearing both his hats, as an investor and as a banker. Read more...

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Newsletter: NASA helps farmers + Quantum takes off

Startup of the Week: Shield Backing Israel’s $375M bet on quantum Space: The new frontier for improved crop harvest SaNOtize anti-Covid spray starts production in Israel Ravin raises $15M and partners with KAR Global BlueGreen steps up to save South Africa’s drinking water InSightec in clinical trial for brain cancer therapy Innoviz brings auto giants closer to self-driving cars Startup of the Week: Shield: Vital RegTech for financial institutions Banks worldwide paid more than $15B in fines in 2020 for breaching financial regulations. “But these regulatory fines – they’re an enormous driver for banks,” Ellison Anne Williams, CEO and founder of Enveil, tells FinTech Futures. “The reputational damage that can come from a fine is significant. In some cases, it can wipe out shareholder value,” says Rachel Woolley, global director of Financial Crime at Fenergo. One of those fines was an enormous $4.5M demand issued to Citigroup by a US regulator related to the deletion of 2.77 million audio files that included trader conversation recordings. The new frontier in regulatory compliance is monitoring employee communications, which remains an unsolved problem...

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[Corelight in The TechRepublic] How the open source community helped firms investigate their network activity following SolarWinds

The ramifications of the SolarWinds attack are still unfolding more than four months since the breaches were revealed to the public. One underappreciated facet of the wide-ranging scandal that has engulfed much of the U.S. government and hundreds of major companies involves the powerful role the open source community played in helping enterprises respond to the crisis, according to Greg Bell, co-founder and CSO of cybersecurity company Corelight. Read...

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