Through its InMotion Ventures, Tata Motors (owner of Jaguar Land Rover) has invested in the $40 million VC fund of Israel’s Maniv Mobility. This invests in autonomous driving, connected cars and vehicle data and already has investments in Israeli startups … Continue reading →

I reported previously (three times) on Israeli cyber-security startup Checkmarx which is preparing a NASDAQ listing.  Checkmarx has just taken over the UK’s Codebashing, whose software trains programmers to write secure code, by use of Codebashing’s interactive game-like app. http://www.timesofisrael.com/israels-checkmarx-buys-uk-cyber-education-firm/

Cyberbit, a subsidiary of Israel’s Elbit Systems, is opening new offices in Singapore which it sees as an important center for cybersecurity technologies in the Asia Pacific region.  Elbit acquired Cyberbit from Israel’s Nice Sysems in 2015 and it already … Continue reading →

Israel’s Tower Semiconductor, which specializes in analog chips, has seen its share price double over the past year.  It is now valued at NIS 9.5 billion ($2.6 billion). First quarter profit rose nearly 60% to $45.5 million.  The demand for … Continue reading →

Israel’s Ministry of Economy and Industry has set up Maof – The Agency for Small and Mid-Sized Enterprises. Maof has 40 branches, providing subsidized consulting, help to raise funds, organizing conferences, courses, training and special projects. http://economy.gov.il/English/NewsRoom/PressReleases/Pages/SMEsduringwartime.aspx https://www.sba.org.il/hb/Pages/default.aspx

The Israel Water Authority Council has reduced the rate for the first 3.5 cubic meters of water per person for household consumers by 14.5%.  The cost to farmers has been cut by 20%. http://www.globes.co.il/en/article-water-rates-to-fall-145-from-june-1-1001190487

Israeli organization AlmaLinks promotes Birthright-like ties between the Jewish business community in the US and Israel. It brought 200 Diaspora business executives to hear from Israelis who have led their companies to become “Unicorns” – i.e. having valuations of a … Continue reading →

The British Embassy in Tel Aviv has reported that since the Brexit vote, from June 2016 to May 2017, 32 new Israeli companies have entered the UK market, investing £152 million and creating 888 new jobs. http://www.bicom.org.uk/news/uk-israel-trade-increased-brexit-vote/

Israel Export Institute reported that Israeli exports to the U.S. amounted to $3.1 billion in the first quarter of 2017 – an increase of 5% over the same period in 2016. Medical equipment exports rose 23% to $650 million. http://www.israelhayom.com/site/newsletter_article.php?id=42491