Monthly Archives: February 2021

Investment in Israeli startups: 14/2/21

Leadspace raised $46 million; Ukko raised $40 million; Granulate raised $30 million; Big-Tech 50 raised $26 million; Evinced raised $17 million; Mesh Payments raised $13 million; UNIPaaS raised $10 million; NeuReality raised $8 million;

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Protecting Europe

In addition to its recent massive contracts with Greece and UK navy, Israel’s Elbit Systems also recently won a $338 million contract with the Swiss Army; with the Netherlands ($65 million, $24 million) and $82 million, Romania ($27 million), UK … Continue reading

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Card-less credit cards for businesses

Israel’s Mesh Payments (reported here previously) has developed a solution to replace business credit card transactions with an entirely card-less platform. Mesh issues virtual cards for both online and offline payments, linking with mobile wallets e.g., Apple Pay, Google Wallet … Continue reading

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Know your customers

Israel’s Leadspace has developed a Customer Data Platform (CDP) that uses Artificial Intelligence (AI) to help businesses manage their customers. Its clients include Salesforce, American Express, and Zoom. It has just raised $46 million of funds including from Jerusalem Venture … Continue reading

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Miami to Tel Aviv

The skies could be open again soon. Starting in June, American Airlines will operate a 12-hour non-stop service, 3 times a week, from Miami to Tel Aviv. It follows the May start of its New York to Tel Aviv service … Continue reading

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An index fund of the big 50

Israel’s Big-Tech 50 R&D Partnership has launched on the TASE, raising NIS 85 million to build a portfolio of the 50 largest private Israeli tech companies. In two years, the portfolio will hold NIS 1 billion worth of shares, resembling … Continue reading

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The end of the exit

This article by newsletter supporter Zev Stub describes Israel as the Scale-Up Nation. Relatively few Israeli startups exit in takeover events, but rather expand to become billion-dollar “Unicorns” (nine new ones in the last three months). Another 80 Israeli companies … Continue reading

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The crisis with a silver lining

Caja Robotics (reported here previously) is another Israeli company that learned how to adapt to the new normal during the coronavirus pandemic. It used video in recruitment and communications but despite its robotics systems, Caja focused on the human aspects … Continue reading

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Plenty of funds for new startups

A recent survey by US-Israel Ground Up Ventures debunks reports that there is a drought of funds for new Israeli startups. 37 of Israel’s leading venture funds they surveyed made 145 investments at the seed stage in 2020 (rising from … Continue reading

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Record Japanese investment

In 2020 Japanese firms invested some $1.1 billion in Israel – 20% higher than in 2019. (In 2015 it was just £87 million.) Japan now accounts for more than 11% of all foreign investment in Israeli high-tech (compared to under … Continue reading

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