Israel’s Composite State of the Economy Index for February increased by 0.4 percent, due to the easing of restrictions in the third lockdown. Positive factors were more job vacancies, services revenues, building starts and retail trade revenues.  A survey also … Continue reading →

Israel’s Yotpo (see here) has just raised $230 million to give it a market valuation of $1.4 billion. Simultaneously, Israel’s Orca Security (see here) raised $210 million for a $1.2 billion valuation. https://www.timesofisrael.com/ecommerce-marketing-startup-yotpo-raises-230m-hits-1-4-billion-valuation/ https://www.youtube.com/watch?v=eAdYLzvuvFo https://www.calcalistech.com/ctech/articles/0,7340,L-3901012,00.html https://orca.security/

Yotpo raised $230 million; Orca Security raised $210 million; Incredibuild raised $140 million; Veev raised $100 million; StarkWare raised $75 million; Axis Security raised $50 million; SCADAFence raised $12 million; Utilis (now Asterra) raised $6 million;

Israel’s Surgical Theater, Theator & TytoCare made Fast Company’s 2021 world list of most innovative companies. Beewise was the most innovative company in Europe, Middle East & North Africa with Quantum Machines 4th. Identiq (2nd) and PerimeterX (7th) were top … Continue reading →

Digital Turbine, Inc. is set to acquire Israeli-founded Fyber N.V. for $600 million. Fyber says its platform helps app developers monetize their products and optimize profitability through quality advertising, with its technology infrastructure reaching more than one billion monthly active … Continue reading →

Israeli startup Reshuffle, which develops an integration platform for developers, has been acquired by Twitter to help build its new Twitter API. Reshuffle has built an integration platform that lets developers easily build workflows and connect systems using any API. … Continue reading →

Israeli cell phone company Partner and the 8200 Impact accelerator have partnered to solve social problems of equality, empathy, inclusivity, and doing good to help emerge from the financial crisis. Their aim is to support builders of solutions to social … Continue reading →

Passengers with travel exceptions can travel to Israel using several airlines. They include El Al, Israir, United, Delta, Lufthansa, Swiss, Ethiopian, Wizzair, Air Canada, Air France, Belavia, Ryanair, Austrian, Turkish, AirMoldovia, Aegean, Europa, Pegasus, Easyjet, Ukraine and FlyDubai. https://www.touristisrael.com/whos-flying-to-tel-aviv-during-covid-19/31894/

The Bank of Israel grew its reserves of foreign currency deposits by some $47.3 billion in 2020. It bought foreign currency to keep Israel’s shekel from soaring in value, which damages Israeli exports. The Bank invested these reserves and, despite … Continue reading →