Monthly Archives: April 2016

20,000 houses for Ghana

Ghana’s State Housing Company has signed a contract with Israel’s IDM International to deliver 20,000 housing units in Ghana. The project will ease the massive housing problems facing Ghanaians. http://www.ghana-news.adomonline.com/business/2016/March-11th/state-housing-partners-israeli-coy-to-provide-20000-housing-units.php

Posted in Economy & Business | Leave a comment

Inneractive exits for $46 million

Israeli mobile ad startup Inneractive has been bought by German mobile ad technology platform RNTS Media for a minimum of $46 million.  Inneractive’s platform currently serves over 630 million active users spanning 180 countries. http://www.globes.co.il/en/article-rnts-acquires-israeli-mobile-ad-co-inneractive-1001107760

Posted in Economy & Business | Leave a comment

$25 million for 3D metal printing

Israel’s XJet (see Dec newsletter) has just received a $25 million investment to help fund its unique 3D inkjet printing technology for liquid metal.  The XJet system uses nanoparticles in liquid suspension to build metal parts without the need for … Continue reading

Posted in Economy & Business | Leave a comment

Shipping Peruvian avocados to Europe

Israel’s Mehadrin company has been working in Peru to promote the products grown by small farmers so they can directly export their products to European supermarkets out of Israel’s season.  Mehadrin helped Peru export 300 tons of Peruvian avocados to … Continue reading

Posted in Economy & Business | Leave a comment

Incubator for banking startups

An Israeli financial technology hub “The Floor” has opened with the backing of China’s firm Pando Group to help connect Israeli technology with the world’s second-largest economy.  The hub provides space, an R&D center, and partners including HSBC, Banco Santander … Continue reading

Posted in Economy & Business | Leave a comment

Last minute travel bargains

Tens of thousands of passengers flew on low cost flights in 2015 thanks to Israeli app Hulyo.  Hulyo’s parent Gulliver has just raised $1 million to launch a new global online travel venture. http://www.jpost.com/Business-and-Innovation/Tech-Talk-Travel-app-raises-funds-447269 http://www.hulyo.co.il/

Posted in Economy & Business | Leave a comment

Why didn’t they buy?

Another Israeli-developed app that helps on-line retailers find out why customers fail to complete their purchases at the checkout page.  Boston-based BlueSnap markets the system they acquired when they bought Israel’s Plimus two years ago and now has 70 Israel-based … Continue reading

Posted in Economy & Business | Leave a comment

Israeli builds party platform in New York

Israeli entrepreneur Amnon Israel has launched Funnster – a web platform to help users create a social event with their friends, split the payment and register who’s bringing what to the party. http://upstart.bizjournals.com/companies/startups/2016/03/10/funnster-ceo-hustle-friendly-n-y-c-puts-startups.html

Posted in Economy & Business | Leave a comment

Five Israeli startups take Berlin

Pzartech, Join VR Technologies LTD 4.0, Myndlift, Quiccargo and Shopeat are first Israeli companies to take part in the Tel Aviv-Berlin exchange program. http://www.israel21c.org/5-israeli-startups-take-berlin/ https://www.youtube.com/watch?v=6XCoimew2Uo

Posted in Economy & Business | Leave a comment

Terrorists’ phone is unlocked

Israel’s Cellebrite has (reportedly) successfully accessed the iPhone used by the terrorists who perpetrated the San Bernardino massacre in December. http://www.thejc.com/news/world-news/155600/israeli-company-hacks-san-bernardino-terrorist%E2%80%99s-iphone

Posted in Science & Technology | Leave a comment