Israel’s $110 billion global exports in 2018 broke all-time records. The 8% increase from 2017 included $16 billion to the EU, $11 billion to the USA and $10 billion to Asia. High-tech services increased by 14 percent to a record $51 billion.
150 top Japanese businesspeople visited Israel recently – the largest ever. They signed six deals covering cybersecurity, digital health and automotive industries. Israeli entrepreneur Ran Poliakine and Honda also announced a partnership to bring AI and digitalization to the production line.
Israeli tech firms raised a total of $6.47 billion in 623 deals in 2018 - the highest dollar amount since 2013. In the IVC Research Center report, 100 firms raised $4.1 billion of the total.
Calcalist has organized the WeTech Berlin 2019 Conference (Feb 18 – 19) focusing on innovation, tech and business ties between Germany and Israel. It will include meetings between Israeli entrepreneurs and top European executives & Venture Capitalists.
RwandAir - the national airline of Rwanda – is launching a new direct route from Rwanda’s capital Kigali, to Tel Aviv. Rwanda’s Ambassador Joseph Rotabana tweeted “Honoured to have signed the Bilateral Air Service Agreement (BASA) with the Israeli Min. of Transportation, Hon. Yisrael Katz”
Israel’s Council of Higher Education has awarded a NIS 6 million grant to Ben-Gurion University for the establishment of Yazamut 360°, an interdisciplinary center for entrepreneurship. It will serve as a regional center of excellence for students, researchers, local entrepreneurs and the IDF.
Israeli-founded global investment platform OurCrowd showcased seven of its Israeli startup portfolio at the Consumer Electronics Show (CES) in Las Vegas. A further seven of its startups showcased independently.
A group of Israeli techies has founded the Hula Valley - Community of Entrepreneurs in the Eastern Galilee. Playing on the (Silicon) Valley name, they want investors, tech firms and entrepreneurs to move to northern Israel, which they say is full of untapped opportunities and talent.
Israeli tech and recruitment companies use innovative ways to attract hi-tech talent. Intel has comedy nights for candidates and issues raffle tickets with prizes of drones, computers and processors. Lightricks distributed thousands of coasters in popular bars. SQLink even holds singles events.
I reported previously on the smart road technology of Israeli startup Velerann. Its platform is now being used by Highways England and by Transurban in the US and Australia. It is also working with Bosch, Jaguar and Land Rover.