The Israeli government has promised financial support worth NIS 50 million to Israeli start-ups advancing solutions to combat the coronavirus pandemic. It said it will fund most of the development expenses for companies with exceptional impact breakthrough technologies. https://www.jpost.com/HEALTH-SCIENCE/Government-offers-assistance-to-tech-developers-fighting-coronavirus-621412 https://m.calcalistech.com/Article.aspx?guid=3801691

Microgreens are harvested 7 to 20 days after seedlings emerge. Young leafy sprouts pack far more flavor and disease-preventing nutrients per gram than adult plants. Israel’s 2BFresh produced 85 tons of microgreens in 2019 for the domestic and overseas markets. … Continue reading →

Following US FDA approval (see here) Israel’s Redhill has launched its Talicia treatment for H.pylori (Helicobacter) infections in the US. RedHill’s expanded sales force will promote Talicia to approximately 25,000 gastroenterologists, primary care physicians and other healthcare providers. https://www.israel21c.org/israeli-pharma-company-launches-drug-for-h-pylori-in-us-market/

Israel’s largest seaport, Ashdod, is fully operational, at a level similar to last year despite the global coronavirus outbreak. Some 97% of cargo to Israel, by weight, arrives by ship and the government has assured the country there will be … Continue reading →

Venture Capital funds and large multinationals are still investing in Israeli startups. This week Pitango completed raising a $250 million growth fund; Pyramid Analytics raised $25 million; Quantum Machines $17.5 million; ePlane $9 million; Revuze $5.1 million etc. etc. https://www.calcalistech.com/ctech/articles/0,7340,L-3803510,00.html

This article highlights that many Israeli startups will be nimble enough to survive the “black swan” coronavirus event. The 2008 financial crisis provides an historical precedent. They are boosting their on-line presence, preserving cash and increasing stocks held by foreign … Continue reading →

China’s Weibo has led a $3.5 million funding round in social media startup Y-Platform, founded by Israel’s Raz and Ami Gal Or. Y-Platform’s social media accounts depict the daily lives of foreigners in China. It has 70 million subscribers on … Continue reading →