Abigail Klein Leichman
September 5, 2017, Updated September 14, 2017

Investments in Israeli companies during August 2017 added up to $312 million.

Topping the list for the month was a $50 million Series B round for Petah Tikva-based Oryx Vision, led by Third Point Ventures and WRV, toward development and commercialization of its innovative LiDAR (light detection and ranging) technology for automated vehicles. LiDAR uses laser beams to measure distance. Oryx intends its LiDAR to be low cost, as simple to use as a digital camera and more reliable and sensitive than existing LiDAR.

Big-data vendor Redis Labs raised $44 million in Series D funding from Goldman Sachs Private Capital Investing, Bain Capital Ventures, Carmel Ventures and Dell Technologies Capital. Founded in 2011 in Tel Aviv, Redis Labs serves some 70,000 registered accounts and 7,400 enterprise customers globally.

Caesarea-based medical device company Mazor Robotics received $40 million from the world’s largest standalone medical technology development company, Medtronic, as part of a strategic partnership begun in May 2016 giving Medtronic exclusive distribution rights for Mazor’s robotic guidance system for spine surgery. The partners will co-develop future products for the spine market. In July, Mazor Robotics announced the first use of its precision guidance system for an innovative application to treat epilepsy.

Puls, formerly CellSavers, raised $25 million in a new round led by Red Dot Capital Partners with support from Samsung Next, Maverick Ventures, Kreos Capital, Sequoia Capital and Carmel Ventures. Headquartered in San Francisco with offices in San Diego and Tel Aviv, Puls works in more than 40 markets to connect consumers with skilled technicians to install, support or repair their smart technology devices anytime, anywhere.

Signals Analytics, a decision-science-as-a-service company, raised $25 million in Series C funding led by Pitango Growth with participation from Sequoia Capital and Qumra Capital. The company is based in New York and has an office in Switzerland and an R&D lab in Netanya.

Tel Aviv-based Inception VR, a next-generation immersive content network, raised $15 million in Series A funding from RTL Group toward expanding its content catalogue, enhancing its interactive virtual-reality technology platform and accelerating growth.

Cybersecurity company GuardiCore raised $15 million in a Series B extension round led by TPG Growth and Greenfield Partners. GuardiCore has offices in Tel Aviv and San Francisco.

ProoV, whose platform helps enterprises and software vendors discover each other and run multiple simultaneous proofs of concept on secure testing environments, received $14 million in Series B financing from Helios Capital, Mangrove Capital Partners, OurCrowd and Cerca Partners. The company has offices in Herzliya Pituah, San Francisco and New York.

Fluence (formerly Emefcy) announced an $11 million strategic investment led by a large US-based institutional investor. Fluence specializes in decentralized water and wastewater treatment solutions, employing a team of 300 water professionals operating in 70 countries. Headquartered in New York, Fluence maintains a Caesarea office and a production facility in Or Akiva.

ScaleMP raised $10 million in its sixth financing round, led by Leumi Partners. The company provides virtualization solutions for high-end computing, software-defined computing and software-defined memory products. It’s headquartered in New Jersey with an R&D center in Rosh Ha’ayin.

Ness Ziona-based drug development company Mapi Pharma raised $10 million from aMoon Fund, an Israeli firm investing in innovative Israeli healthcare and life science ventures. Mapi is a clinical-stage pharmaceutical company developing improved extended-release versions of existing commercially successful pharma products.

MedAware raised $8 million in Series A financing from Becton Dickinson, Gefen Capital, OurCrowd and Yingcheng City Fubon Technology. The Ra’anana-based company has developed algorithmic solutions for the detection and elimination of prescription errors.

Namogoo, an ecommerce security company headquartered in Ra’anana with offices in San Francisco and London, raised $8 million in Series A funding from GreatPoint Ventures, Blumberg Capital and Inimiti Capital. The funds will go toward opening the company’s US headquarters in Boston and to accelerate growth in the US market. Namogoo technology identifies and blocks unauthorized ads that customers see when their browsers are infected by malware.

Amenity Analytics of Petah Tikva raised $7.6 million in a Series A round. The company’s platform uses artificial intelligence to derive insights from any type of text.

CommonSense Robotics of Tel Aviv raised $6 million in seed funding from Aleph VC and Innovation Endeavors. The company is building on-demand supply-chains that enable sustainable, one-hour delivery to online customers.

Social Finance Israel raised $5.4 million in a bond issue for a social fund that will invest in treatments and solutions for Type 2 diabetes. The main investors were Bank Hapoalim; the family philanthropy of Copaxone inventor Prof. Ruth Arnon and her husband, Dr. Uriel Arnon; former Teva CEO Israel Makov; French fund Pharmadom; the Rashi Foundation; Gandyr Investments; Vital Capital Investments; a Canadian investment fund; Beyond Family Office; aMoon; Boaz Raam; and Alon Piltz. In the social-bond model, investors get their money returned if the particular social problem is successfully addressed.

Qmarkets of Rosh Ha’ayin raised $5.2 million in a round led by LETA Capital, Club 100 Plus and the State of Connecticut’s Department of Economic and Community Development. Qmarkets’ software helps organizations exploit the collective opinion of stakeholders for making better business decisions. The company has seven offices in the US, Europe and Australia.

Caesarea-based DarioHealth closed a $5 million private capital raise toward expanding commercialization of its all-in-one blood glucose meter and multilingual native smartphone app for self-diabetes management.

RescueDose announced a $2.5 million investment from ERA Brazil Israel. Founded in the hiCenter Ventures incubator in Haifa, RescueDose developed a compact robot system for dispensing liquid drugs for injection and for filling syringes and IV bags.

Peer5 raised $2.5 million in seed money from FundersClub, Oriza Ventures, Tank Hill Ventures and Leorsa Group. Based in Tel Aviv and Palo Alto, Peer5 operates the world’s largest peer-to-peer (p2p) content-delivery network.

Spaceek, whose platform manages occupancy for garages, outdoor surface lots and on-street parking, as well as navigating drivers to available spots, completed a $1.4 million financing round led by private investment fund Clear Future with participation from the Central Park chain of parking lots in Israel, and previous investors. Spaceek has installed thousands of sensors in parking lots in Israel, the US and Europe since its founding two years ago in Petah Tikva.

SaferVPN of Tel Aviv raised $1 million for the launch of its new cloud-based business VPN for global companies of all sizes. SaferVPN’s app automatically detects public Wi-Fi and alerts users, providing them with immediate access to a remote server to prevent outsiders from accessing data and the user’s identity.

Media Forest of Netanya raised ₪1.4 million (about $400,000) to establish a UK office as part of its global expansion. The company’s technology enables artists and copyright holders to receive real-time notifications when their works are played in all types of media.

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