It may only be temporary, but Israel’s reserves of foreign currency soared by a record $10 billion in July to a record $157 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/6-8-20.aspx

Israel’s Rise.ai has been selected by Google to help businesses offer digital gift cards via their listing on Google My Business (GMB). It will help small and medium businesses to survive and even thrive during the Covid-19 crisis. Digital tools … Continue reading →

Yotpo raised $75 million; Thriver raised $33 million; Silverfort raised $30 million; DarioHealth raised $28.6 million; ZenCity raised $13.5 million; Voiceitt raised $10 million; Beewise raised $10 million; EcoPlant raised $8 million; Approve raised $5 million; CAPS Medical raised $3.5 … Continue reading →

Israel’s Approve has developed technology that fully supports the enterprise procurement process, from the initial purchase request to the final payment to the supplier. The product helps finance and purchasing departments save processing time, effort and costs of purchasing. https://www.calcalistech.com/ctech/articles/0,7340,L-3843773,00.html

Israeli-founded Gett (reported here previously) has signed a strategic partnership agreement with UK ride-sharing company Ola Cabs. Gett’s business clients can now receive service from Ola’s 2 million drivers in 250 cities around the world. https://www.calcalistech.com/ctech/articles/0,7340,L-3843738,00.html

Israel’s Teva has joined with Iceland’s Alvotech to commercialize five biosimilar product candidates in the US. Biosimilars are slightly different versions of already approved treatments. They are not the same as “generics” but require less testing than the original and … Continue reading →