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Monthly Archives: December 2019
IDF amputee is World marathon champion
Eitan Hermon, 45, lost his leg while a reservist in the Second Lebanon War. He was determined to not only walk again, but also to run marathons. After over 35 marathons, Hermon set a world record at the Vienna Marathon … Continue reading
Israel to host E-Sports World Championships
The International Electronic-Sports Federation (IESF) has announced that Israel will, for the first time, host the E-Sports World Championships in Nov 2020 in Eilat. It is the world’s largest and most prestigious gaming event, with over 500 players from 60 … Continue reading
Half a billion users
Israeli-founded urban mobility company Moovit (see here) now has over half a billion users of its popular public transportation application in 3,000 cities, 94 countries and 45 languages. It helps transits and commutes thanks to partnerships with major multinationals including … Continue reading
Posted in Economy & Business
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New Russian airline lands in Tel Aviv
Russian airline Azimuth only began operations in 2017. Already it has begun a direct service to Tel Aviv from the West Russian city of Rostov. It also intends to inaugurate two new routes between Ben Gurion Airport and southwestern Russian … Continue reading
Posted in Economy & Business
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Israeli property prices stabilize
According to the Central Bureau of Statistics, Israeli property prices rose between January and August 2019 by an average of only 2% and new properties fell by 4.8%. Prices also fell in 2018, following an 80% rise over the previous … Continue reading
Posted in Economy & Business
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Five more startups for Caesarea incubator
Israeli investment fund Nielsen Innovate launched its incubator in 2012 and by 2015 has 10 startups in Caesarea (see here). It now has 33 Israeli companies in its portfolio and is investing $5 million to bring another five into the … Continue reading
Posted in Economy & Business
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Swiss investment on the way
Tel-Aviv based Crescendo Venture Partners is setting up a new VC fund of $80 to $100 million to invest in early-stage hi-tech Israeli startups that can transform traditional areas (education, agriculture, construction, healthcare etc.). Swiss-based Crescendo Group manages over $3 … Continue reading
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US cybersecurity firm to open in Israel
As reported (here) previously, Israel’s Indegy protects the systems of vital infrastructure companies. Nasdaq-listed cybersecurity giant Tenable Holdings has just acquired Indegy for $78 million in cash and will set up a development center in Israel following the deal. https://www.calcalistech.com/ctech/articles/0,7340,L-3775021,00.html
Posted in Economy & Business
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Turning stale bread into beer
Elchanan Bread Bakery in Kibbutz Mishmarot turns leftover baked goods into bread pudding and granola. It also donates stale bread to nearby kibbutzim for animal feed. In its latest process it mixes excess sourdough bread with malt and hot water … Continue reading
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Vegan meat wins award in London
Three Israeli food-tech initiatives were among 15 startups to pitch groundbreaking, sustainable solutions for the food and agriculture industry at FoodBytes by Rabobank in London. Redefine Meat won the People’s Choice Award, one of the three top prizes. https://www.israel21c.org/israels-redefine-meat-wins-award-at-foodbytes-in-london/
Posted in Science & Technology
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