Greetings from Tel Aviv and welcome to another monthly wrap up! Apologies for the silence last week, merely a reflection of the silence of capital inflows, but I should have notified you all about the temporary hiatus. Some pretty exciting news this week in Israel, in particular Compass raised a $75m round vaulting the company to the unicorn level with a $1b valuation. Although exciting, this transaction pales in comparison to Uber’s $680m (reported) acquisition of Otto, the self-driving truck start-up co-founded by Lior Ron.

We saw a robust $415m invested in August with Software Applications leading the way (23%) and even distribution across Social Media & Advertising, Enterprise Solutions, Industrial Technologies, and Digital Health and Medical Technologies, alongside $775m in disclosed M&A (total M&A was higher). 

August 2016

August witnessed heavy acquisition activity, with nine companies acquired for more than $775m.

The past two weeks, another $139m was invested in Israeli start-ups.

Seed Rounds

Series A Rounds

Growth/Miscellaneous Rounds

On behalf of everyone at iAngels, I’d like to thank you for tuning into our weekly deal digest. Feel free to browse August’s deals with more granularity by clicking any of the links below.

If you’d like to receive our weekly digest in your inbox, please subscribe below. P.S. Don’t forget to check out our newest podcast about Network Effects!

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Love,
Max

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