BuiltUp Ventures - BUV

The historic $23 billion acquisition of Israeli startup Wiz by Google is welcome news and a testament to the strength and resilience of Israel’s hi-tech space. If the deal goes through, it will be Google’s largest acquisition and the highest amount offered for an Israeli startup since Intel purchased Mobileye in 2017 for $15.3 billion. Following a few years of headwinds, including the recent war, Google’s vote of confidence is likely to buoy the Israeli startup sector. Google Israeli Startups

Exclusive | Google Near $23 Billion Deal for Cybersecurity Startup Wiz Deal would be tech giant’s largest acquisition ever.

באזטק - BuzzzTech

📣 Announcing a $7.85 million funding round 🎊

Typically, at Okibo our primary focus is developing the most advanced robot within its category (see below 😀), prioritizing technical excellence over PR and marketing efforts. However, we're departing from this norm to announce our latest funding round, which has been co-led by BitStone Capital and Shadow Ventures.

The $7.85 million funding round, also supported by existing investors Built-in Tech Pi Labs and NOVA by Saint-Gobain, marks a significant milestone in our journey. This investment will power our expansion into Europe and facilitate the launch of our operations in the US. Additionally, it will enable us to introduce innovative robotic applications aimed at addressing the labor challenges faced by construction teams. We're excited to welcome DAW SE as a strategic investor with whom we've been collaborating for over two years in the DACH region.

🚀 Exciting times! As a robotics company specializing in construction applications, We're thrilled about the journey ahead. Together with our investors and incredible team, we're gearing up to unleash our innovative robot into the market 🏗
Now, back to work!

Autonomous painting robot in a construction site Painting application (With Züblin Strabag)

BuiltUp Ventures - BUV would like to thank all who participated in the "Israeli Innovation in Construction" Conference in Dubai under the auspices of Israel's Consul General. The event connected local industry leaders in real estate and construction with advanced solutions poised to disrupt the real estate ecosystem. Rami Navarro UAE Regional Director of BUV was the keynote speaker at the event and remarked, "The BuiltUp Ventures Investors Summit was a journey of innovation and collaboration and a testament to the boundless potential within the tech landscape. As investors, we witnessed a convergence of visionary ideas, disruptive technologies, and a collective commitment to shaping the future."