Monthly Archives: June 2020

Universal Music opens in Israel

Posted on June 21, 2020

Universal Music Group, one of the largest music corporations in the United States, has become first major American music label to open a branch in Israel. UMG Israel will be based in Tel Aviv and is said to be engaging … Continue reading →

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New TV series connects kids with nature

Posted on June 21, 2020

The new TV show Zormim (Hebrew for flowing) is an educational mini-series that promotes Israel’s many rivers and streams and their fascinating ecosystems. It helps connect Israeli youth and the environment – especially important during this time of home isolation … Continue reading →

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Photographing the Holy Land

Posted on June 21, 2020

Photographers Jodi Sugar, Yosef Symonds and Moshe Schlass have captured many beautiful and inspirational images of Israel. Click on the links below to view some of their classic photos. https://unitedwithisrael.org/israeli-photographers-capture-holy-lands-enchanting-essence/ https://www.visions-israel.com/ https://www.intimatewiththeinfinite.com/browse

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Record $1.8 billion raised for fintech in 2019

Posted on June 21, 2020

Israeli fintech (financial technology) companies raised a record $1.8 billion of investment funds in 2019 – more than double that in 2018. Israeli firms account for 5.1% of global investment in fintech – the fifth highest country in the world. … Continue reading →

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Huge order for wearable medical watches

Posted on June 21, 2020

Israel’s CardiacSense (reported here previously) has signed an exclusive distribution agreement in India worth at least $32.4 million for 150,000 of its medical watches. The device remotely monitors and detects patient vital signs of fevers, heart arrhythmias and chronic diseases. … Continue reading →

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Investment in Israeli startups (21 Jun 20)

Posted on June 21, 2020

Latest investments in Israeli startups include: ECOncrete raised $5 million; CardiacSense raised $6 million; ADAM CogTech raised $2 million; Salt Security raised $20 million and Pagaya raised $102 million.

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Rapid wave of innovation

Posted on June 21, 2020

Israeli-Australian VC firm Square Peg Capital expects a wave of innovation and says that the equivalent of a decade’s worth of change has occurred in just two months. Square Peg has raised $250 million for its fourth core fund, of … Continue reading →

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Improved probation system for Latvia

Posted on June 21, 2020

Israel’s Supercom (reported here previously) has won a 5-year contract from the Latvian government to deploy its enhanced PureSecurity product suite. It will provide Latvia’s probation service with innovative advanced features to give a secure alternative to prison incarceration. https://www.prnewswire.com/news-releases/supercom-awarded-new-5-year-national-electronic-monitoring-contract-in-latvia-301070803.html

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NetApp uses Israeli AI for customers

Posted on June 21, 2020

As reported here, US IT giant NetApp bought its fifth Israeli company recently. NetApp has now paid millions of shekels to Israel’s Iguazio (see here) to use its Artificially Intelligent technology to help data analysis and storage optimization for its … Continue reading →

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Another smart car connection

Posted on June 21, 2020

Israel’s Otonomo (reported here previously) has added another car maker to the partners for its connected vehicle data analysis systems. Its latest deal with automotive giant Fiat Chrysler is estimated to be worth tens of millions of dollars. https://www.calcalistech.com/ctech/articles/0,7340,L-3831832,00.html

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