Monthly Archives: November 2020

The first Israel-Dubai conference

The Israel-Dubai Conference is set to take place in Dubai on Nov 24-26. The joint initiative by Bank Leumi, Reshet 13 and Calcalist aims to encourage business cooperation between the two countries in the fields of finance, technology, industry, agriculture, … Continue reading

Posted in Economy & Business | Leave a comment

Israeli wines in the UAE

This week, Israeli wines from the Golan Heights Winery will be stocked in stores in the United Arab Emirates. They will be sold through African + Eastern – a major importer and distributor of wine and alcohol in the Emirates … Continue reading

Posted in Economy & Business | Leave a comment

Investment in Israeli startups: (1/11/20)

SimilarWeb raised $120 million; Kape raised $115 million; TechSee raised $30million; Salto.io raised $27 million; Tevel Aerobotics raised £20 million; Panoply raised $10 million; Deci raised $9.1 million; Smrt Agro raised $7.5 million; InnovoPro raised $3 million; INCRMNTAL raised $1.4 … Continue reading

Posted in Economy & Business | Leave a comment

eToro is recruiting

Israeli social trading and marketplace platform eToro (reported here previously) is hiring another 100 employees to join its 1,000 workers in 12 global offices. It has already recruited more than 300 employees since January 2020 – half of these are … Continue reading

Posted in Economy & Business | Leave a comment

Low-sugar sweetener for Canada

Israel’s DouxMatok (reported here previously) has partnered with Canada’s Rogers Sugar (parent of Lantic Inc). Rogers will create sugar cane-based sweeteners, using DouxMatok’s technology, that are 30 to 50 percent lower in sugar, for food manufacturers in North America. https://www.timesofisrael.com/canadas-lantic-joins-forces-with-israels-douxmatok-for-low-sugar-sweeteners/

Posted in Economy & Business | Leave a comment

Israel helps US Army to see

The US subsidiary of Israel’s Elbit Systems has signed a new contract to provide night-vision goggles to the U.S. Army for $22.5 million, with a potential value of $442 million. The goggles provide vision up to 300 meters – double … Continue reading

Posted in Economy & Business | Leave a comment

12 Israeli startups in Forbes Cloud 100 list

Twelve Israeli-founded companies were among 100 startups in Forbes Magazine’s “The Cloud 100”, ranking the world’s top private cloud companies. The list “recognizes standouts in tech’s hottest category, from small startups to private-equity-backed giants”. https://nocamels.com/2020/10/12-israeli-founded-companies-forbes-cloud-100-list/ https://www.forbes.com/cloud100/#5c9faf6e5f94

Posted in Economy & Business | Leave a comment

Japanese VC fund for Israeli tech startups

Japanese asset management firm Aristagora Advisors has launched a new venture capital fund Aristagora VC dedicated to investment in early-stage Israeli startups. The $60 million fund will focus on deep tech companies and will initially invest up to $1.5 million … Continue reading

Posted in Economy & Business | Leave a comment

More startups for Visa hub

Four new startups will join Visa’s Tel Aviv innovation studio (reported here previously). GetHere (personalized ordering & payment); Spendl (payment by cryptocurrency); Pinch (debit card swipe fee distributor); GoGo Getter (affordable childcare financing). https://www.timesofisrael.com/four-startups-join-visas-innovation-center-in-tel-aviv/ https://gogo-getter.com/ https://gethe.re/ https://getspendl.com/ https://finder.startupnationcentral.org/company_page/pinch

Posted in Economy & Business | Leave a comment

What the UAE needs Israel for

The UAE-Israel peace deal is not just for political reasons. The Gulf state seeks Israel’s innovative technology and solutions. Food-tech and agri-tech are the top priorities as the UAE imports more than 90 percent of its food and the pandemic … Continue reading

Posted in Economy & Business | Leave a comment