Monthly Archives: November 2020

The first TASE food-tech IPO

Israeli food-tech startup SavorEat (reported here previously) brought in NIS 42.6 million (about $13 million) in an IPO on the Tel Aviv Stock Exchange (TASE). It was the first time that a food-tech firm went public on the Israeli exchange. … Continue reading

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How to make your customers stick with you

Israeli startup Glue offers a loyalty management platform for small businesses. With Glue, each company can retain its customers using incentives such as coupons, loyalty cards, a points earning system, subscriptions, prepaid passes and even play-to-win games. https://www.calcalistech.com/ctech/articles/0,7340,L-3875771,00.html https://glueloyalty.com/#

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Flying high

Israel’s Appsflyer (see here) became a Unicorn (value over $1 billion) in January. It is now worth $2 billion after an investment from Salesforce. Appsflyer integrates with Salesforce and Salesforce Ventures. Its marketing measurement platform was included in the Forbes … Continue reading

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A travel agent for investing in Israel

Israel’s Tech It Forward, founded by two immigrant women, is a bridge between investors and Israeli entrepreneurs. It organizes trips, conferences, networking events, pitching events, meetings and mentorship programs to connect global investors with the Israeli startup ecosystem. https://jewishbusinessnews.com/2020/11/22/jessica-rosner-and-jennifer-elias-promote-startup-nation-with-tech-it-forward/ https://www.youtube.com/watch?v=OVJEsc3QP8E … Continue reading

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New fund to invest in Israeli tech

US Venture Capital firm Ibex Investors has raised its second fund in Israel amounting to $100 million. Ibex Investors has previously invested in many Israeli startups, helping them enter the global market. https://www.calcalistech.com/ctech/articles/0,7340,L-3875553,00.html

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Ships for Senegal

Israel Shipyards delivered the last of four patrol ships for the Senegalese Navy, fulfilling an agreement signed in November 2019. The Shaldag MK V patrol ship follows the earlier supply of three Shaldag MK II patrol ships. The agreement includes … Continue reading

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Israel and Turkey do business

The first-ever online conference: “Uniting hi-tech from two nations – Turkey and Israel” attracted dozens of participants, including Turkish entrepreneurs and investors. The organizers included Israel’s Ministry of Foreign Affairs and the Technology Development Foundation of Turkey. https://jewishbusinessnews.com/2020/11/23/turkey-israel-discover-the-potential-to-collaborate-in-high-tech/ https://en.globes.co.il/en/article-online-event-links-israeli-and-turkish-tech-industries-1001350640

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Tech salaries are rising

The effect of the coronavirus (Covid-19) pandemic on salaries in Israel’s tech sector was minimal compared to other sectors. A survey of 60 Israeli tech companies by HR analytics startup Piplwize has shown that 84% of them intend to increase … Continue reading

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A vertical farm at the supermarket

Israeli supermarket chain Rami Levy will soon be growing eco-friendly fruit and vegetables in its stores for direct sale to customers. It has partnered Israel’s Vertical Fields for the geoponic vertical farm technology and Israel’s BIOLED for eco-lighting and growing … Continue reading

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Best inventions

The hifold fit-and-fold highback booster, the world’s most adjustable and portable car booster seat, from Israel’s mifold, was named in Time Magazine’s annual list of “The 100 Best Inventions of 2020”. Four other Israeli inventions are listed: Beehome, Trialjectory, Augmedics, … Continue reading

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