Monthly Archives: June 2020

Bars are open so science is on tap again

Posted on June 14, 2020

Now that Israel’s bars are no longer locked down, Weizmann Institute professors are giving their 11th annual “Science on Tap” talks. This year the venues are 32 bars in villages and towns on Israel’s border with Gaza and in nearby … Continue reading →

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Virtual Israel tours with JNF

Posted on June 14, 2020

The whole family can enjoy a week of JNF virtual Israel tours with a licensed Tour Guide. See biblical and modern Israel, famous and off-the-beaten-path sites, JNF projects, hidden gems, The Old City of Jerusalem, Ayalon Institute, Rosh Ha’Nikra, Akko, … Continue reading →

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A modern twist to ancient exhibits

Posted on June 14, 2020

300 Israeli artists have produced some unique displays for the Tel Aviv Biennale of Crafts and Design at Tel Aviv’s Eretz Israel Museum. They include 10 century glass bottles alongside pink liquid cleaner; a 3D printer plus a golden artifact; … Continue reading →

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Startups raising funds

Posted on June 14, 2020

Latest funding includes: TuneFork raised $1.5 million; Nanox raised $20 million; Upstream Security raised $32 million; Planck Resolution raised $16 million; Binah.ai raised $13.5 million; Alpha Tau raised $26 million; Opora.io raised $7 million.

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Red Dot raises $200 million VC fund

Posted on June 14, 2020

Israeli venture capital fund Red Dot Capital Partners has raised nearly $200 million for its second fund that invests in late-stage companies. Red Dot launched its first fund in 2016, raising $151 million. https://www.calcalistech.com/ctech/articles/0,7340,L-3830270,00.html

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Team8 raises $100+ million venture fund

Posted on June 14, 2020

Israeli cybersecurity startup foundry Team8 (reported here previously) has launched its Venture Capital arm. It has raised another $104 million to invest in startups working in the fields of data, artificial intelligence, cybersecurity, and enterprise technologies. https://www.calcalistech.com/ctech/articles/0,7340,L-3829991,00.html

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Record sales and exports for IAI

Posted on June 14, 2020

Israel’s state-owned Israel Aerospace Industries (IAI) had a record $1 billion in sales in Q1 2020. Exports accounted for 71% of sales. Its backlog of orders was over $13 billion. There had been little if any cancelations of contracts or … Continue reading →

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Pandemic Innovation Conference

Posted on June 14, 2020

The OurCrowd Pandemic Innovation Conference on June 22 will explore the latest technological solutions to the coronavirus crisis, including vaccination, treatment, diagnostics and prevention of the disease. Thousands of investors from 100+ countries are expected to attend online. https://events.ourcrowd.com/pandemic-conference/

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Good sales for re-opened Israeli stores

Posted on June 14, 2020

May was an excellent month for those stores in shopping centers and malls that reopened after lockdown. Their average sales rose 21% in May 2020 compared with May 2019 according to data from Retail Information Systems, which took figures from … Continue reading →

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Two new records for currency reserves

Posted on June 14, 2020

Israel’s reserves of foreign currency rose by a record $9 billion in May to reach a new record total of $142.5 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-6-20.aspx

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