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Monthly Archives: June 2016
Sodastream launches home-made beer system
Israel’s SodaStream has launched its new home beer system, the Beer Bar. It produces a 4.5% alcohol beer called Blondie using sparkling water and a unique beer concentrate. A one-liter Blondie bottle yields approximately three liters of beer. http://www.globes.co.il/en/article-sodastream-launches-home-made-beer-system-1001128835
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Ohio buys $50 million of Israeli bonds
Ohio’s Treasury office is purchasing $50 million worth of Israel bonds. It represents the largest single government purchase of Israel bonds in Ohio’s history following purchases of $47.8 million in 2014 and of $42 million in 2013. (See Jun 2014 … Continue reading
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Carrier of the Year
Grupo Modelo SA, Mexico, producers of Corona beer and part of the AB INBEV Group, the largest beer producer in the world, chose Israel’s ZIM as Carrier of the Year in their annual award Ceremony in Mexico City. http://www.port2port.com/article/Sea-Transport/Liner-Shipping/ZIM-named-Carrier-of-the-Year-by-Grupo-Modelo-SA/
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Microsoft’s new Israel venture fund
Microsoft has launched a new Venture Capital fund named Microsoft Accelerator. The fund focuses on Cloud startups and effectively separates Microsoft’s investment arm from its startup incubator program. http://www.geektime.com/2016/06/01/new-microsoft-venture-fund-focuses-on-israeli-ai-and-cloud-startups/
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Intel banks on Israel
Despite global layoffs, IT giant Intel is still investing in Israel. It just announced that it is to create a financial technology innovation lab in association with The Floor – a fintech hub based at the Tel Aviv Stock Exchange. … Continue reading
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Alibaba funds Twiggle
It sounds like something out of “Arabian Nights” but in reality China’s on-line retail giant Alibaba is investing in Israeli startup Twiggle, which is developing next generation e-commerce search technologies. The funds will grow the company’s R&D team in Israel … Continue reading
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Moovit integrates with Uber
Last week it was Germany’s VW investing in Israel’s Gett. Now Israel crowdsourced public transit app Moovit is to integrate with German ride-sharing app Uber in 131 cities in 22 countries. A recent US study showed that ride-sharing customers are … Continue reading
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Will.i.am buys Israeli machine learning startup
US singer/songwriter Will.i.am, via his consumer tech label i.am+, has purchased Israel’s Sensiya. Sensiya’s machine learning, speech recognition capabilities are being incorporated in a number of wearables, including smartphones and smartwatches. http://sensiya.com/index.html http://www.geektime.com/2016/05/02/israeli-machine-learning-startup-sensiya-acquired-by-will-i-ams-i-am/
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One of the largest industrial centers in Israel
The cornerstone laying ceremony took place in Yokneam of the new center for Israeli hi-tech giant Mellanox, due to be completed in 2018. Of the company’s 2,600 employees, 1,800 are in Israel. It employs staff from Tel Hai to Beersheva, … Continue reading
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A month of exits
Israeli firms taken over in April included SintecMedia, (by Francisco Partners for $400 million); Crosswise (by Oracle for $50M); Ahava (by China’s Fosun for $77M); and Genome Compiler, NorthBit, and Inneractive. http://www.broaderview.org/news
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