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Monthly Archives: March 2021
Investment in Israeli startups (21/3/21)
Fireblocks raised $133 million; Wiz raised $100 million; Viz.ai raised $71 million; Overwolf raised $52 million; EyeYon Medical raised $25 million; Stor.ai raised $21 million; Vulcan Cyber raised $21 million; Datagen raised $15 million; Ravin raised $15 million; Noogata raised … Continue reading
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An all-Israeli security takeover
Israeli cybersecurity Kape Technologies (reported here previously) is acquiring Israel-based consumer focused privacy and security content startup Webselenese for $149.1 million. Webselenese produces content on security and privacy issues and has 105 million readers. https://en.globes.co.il/en/article-kape-acquires-israeli-co-webselenese-for-149m-1001363243 https://www.webselenese.com/about/
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Via makes $100 million acquisition
Israeli ride-sharing firm Via Transportation is acquiring US-based Remix for $100 million. Remix is used to design city transportation systems for more than 350 local governments. Its systems impact more than 240 million people in 22 countries. https://www.timesofisrael.com/israel-founded-ride-sharing-firm-via-buys-us-mapping-software-maker-remix/
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Why to invest in Israel
You’ve probably read many articles here about Israeli companies successfully raising funds. This article explains why so many companies and individuals choose to invest in the Startup Nation. https://blogs.timesofisrael.com/investing-in-companies-pushing-new-frontiers-in-science-and-technology/
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Business opportunities from Israel
The Federation of the Israeli Chambers of Commerce (FICC) is promoting business matchmaking for Israeli companies. Here is March’s edition of its members’ business offers. All are looking for new business partners, distributors, representation or suppliers. https://www.dropbox.com/s/pu6oxtb6pbywltc/Business%20Opportunities%20From%20Israel%20-March%202021.pdf?dl=0 https://www.chamber.org.il/37679/post-your-offer/
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$4 million for more clean-energy projects
The Binational Industrial Research & Development (BIRD) Energy program is making available an additional $4 million to fund joint US-Israeli clean innovative energy technology initiatives. Candidate projects can be submitted until Aug 2021. https://www.calcalistech.com/ctech/articles/0,7340,L-3899373,00.html
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Israeli-designed Instagram Lite
Facebook has begun roll-out of Instagram Lite, designed by its Tel Aviv team. The software was developed for people in remote communities with poor internet access. It requires only 2MB to download on Android (unlike the 30MB full version) and … Continue reading
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Ice batteries
Israel’s Nostromo has developed IceBrick – water-based energy storage cells as an environmentally friendly alternative to Lithium-based storage for renewable energy. Excess solar energy is converted into ice, which is then used to cool offices, hospitals etc. when the sun … Continue reading
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Hi-tech truffles
Israel’s Ilsar Truffles grows its truffles in a solar-powered, eco-friendly nursery in the Golan Heights. Ilsar inoculates every seedling root system with pre-qualified truffle spores and tags each with a unique data tracking ID code. A truffle takes 7-10 years … Continue reading
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Building systems faster
The software from Israel’s Incredibuild is used by world leading brands such as Microsoft, Amazon, Barclays, Citibank, Disney, Intel, and Samsung to build IT systems much faster than using traditional methods. Incredibuild redistributes idle computer resources to accelerate all development … Continue reading
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