Visa Global is acquiring the Israeli startup Biokart for $2.4 billion in cash, according to a report by N12 journalist Lior Bakalo. The company had raised $115 million prior to the sale.
01 · THE DISPATCH
The acquisition of the Israeli startup Biokart by Visa Global for $2.4 billion in cash, as reported by N12, marks one of the larger technology exits in Israel this year. The startup had raised $115 million in prior funding rounds. Further details on Biokart's technology and the deal's closing timeline were not disclosed in the initial report.
02 · How it developed
2 developments
Related dispatches
- DevelopingSpaceX acquires Israeli-founded AI coding startup Cursor for $60 billion after IPO
- DevelopingIsraeli cybersecurity firm Entero Security sold to US-based SailPoint for ~$200M
- DevelopingVeloryx signs non-binding MoU to buy Israeli EW firm for $75M
- DevelopingIsraeli Startups Raised $1.5 Billion in July, Led by AI and Cybersecurity Deals
03 · Source and signal
Source and signal
A single-sourced dispatch is never rated Confirmed or Strong. Its Signal strengthens only when a second, independent source corroborates it.
- Open-source intake