Monthly Archives: September 2020

ISResilience

The Israel Director of Stand With Us, Michael Dickson, together with Dr Naomi Baum, have written a new book “ISResilience: What Israelis Can Teach the World”. It features resilient Israelis who have withstood troubles and not just survived but thrived. … Continue reading

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Israeli Art Lending Library

The first-ever Israeli Art Lending Library has been launched at US Northeastern University. Students can bring a piece of Israeli art back to their dorm rooms for the year. It is an initiative of Returning the Sparks, a non-profit which … Continue reading

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$150 million fund for Israeli tech startups

Israeli VC company Greenfield Partners has closed a $150m fund to continue its strategy of supporting early growth stage Israeli and Israel-related technology and tech-enabled businesses. https://www.prnewswire.com/news-releases/greenfield-partners-announces-close-of-150m-fund-301126254.html

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BMW use Israeli tech to feel the road

Israel’s Tactile Mobility has signed a deal to provide BMW with its road-sensing software that allows smart cars to “feel the road” and adjust like a human driver. Volkswagen subsidiary Porsche has already invested in the Israeli startup (reported here … Continue reading

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Investment in Israeli startups (23 Sep 20)

EverC raised $35 million; Capitolis raised $11 million; Hysolate raised $10 million; Aidoc raised $20 million; BrandTotal raised $12 million; Varada raised $12 million; Medigate raised $30 million; Sternum raised $6.5 million; Blue White Robotics raised $10 million; Ionir raised … Continue reading

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Rivilus exits for $365 million

Singapore’s Temasek is to acquire Israeli-based micro-irrigation company Rivulis for a reported $365 million. Temasek intends to retain Rivulis’ current management, as well as its headquarters in Kibbutz Gvat. Rivulis’ 2019 sales were some $400 million. 400 of its 1800 … Continue reading

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Point of Sale credit

Israel’s Jifiti (reported here previously) has signed a strategic partnership agreement with Mastercard. Jifiti has grown from being purely an in-store gifting platform into enabling point of sale financing. Its technology allows banks and retailers (e.g. Apple & IKEA) to … Continue reading

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100 startups generated

The Tel Aviv municipality held Israel’s largest-ever bootcamp (reported here previously). Speakers included MK Nir Barkat, OurCrowd’s Jon Medved, and IAI CEO Aharon Aharon.  Volunteers managed 100 projects, 20 speakers, and 60 mentors over Zoom calls and WhatsApp groups. https://www.calcalistech.com/ctech/articles/0,7340,L-3850171,00.html

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More success during Covid-19

Israeli transcription startup Verbit (reported here previously) now has more than 120 employees and has raised a total of $65 million. 2020 has been its most successful year ever – growing to 500 paid customers (including Harvard and Stanford Universities) … Continue reading

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Another tech fund

Israel-based Hetz Ventures has closed its second flagship fund totaling $77 million, bringing its total amount to $130 million. Hetz has invested in 10 pre-seed Israeli AI, Big Data, cybersecurity, fintech, and DevOps companies since its launch in 2018. https://www.calcalistech.com/ctech/articles/0,7340,L-3849797,00.html

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