Microsoft CEO Satya Nadella has given details of his company’s planned new investments in Israel to the Israeli PM. They should total between $1 billion and $1.5 billion. https://en.globes.co.il/en/article-microsoft-set-for-major-israel-investment-1001365619

Israel’s state-owned water company Mekorot has signed a $3 million deal to provide Bahrain’s Electricity and Water Authority (EWA) with consulting services on a number of water projects. It is the first major agreement between the two countries since the … Continue reading →

Next Insurance raised $250 million; Morphisec raised $31 million; Upsolver raised $25 million; Aporia raised $5 million; Osu raised $3.2 million;

Israel’s Cardo Systems has developed a next-generation headset intercom that allows motorcycle riders to communicate without distractions. Cardo has just been acquired by European private equity fund EMK Capital for $150 million. https://www.cardosystems.com/ https://jewishbusinessnews.com/2021/04/06/israels-cardo-systems-bought-for-150-million-by-emk-capital/

Updated news on Israel’s SuperSmart (reported here previously). Its supermarket shopping scanning system has now expanded to Germany, Brazil, and the U.S. and the startup has just raised $10 million of funds. At the same time, Amazon Go has shrunk … Continue reading →

Yum! Brands – owner of Pizza Hut, KFC and more, has taken over Israel’s Tictuk. It gives Yum! customers the ability to order fast food via WhatsApp, Facebook Messenger, Telegram, SMS, QR codes, and email, via Tictuk’s omnichannel ordering and … Continue reading →

The app from Israel’s Osu helps UK freelancers, sole traders and self-employed accept and manage payments. It has no transaction fees and allows its users to capture 100% of each sale. Osu has already collected hundreds of thousands of pounds … Continue reading →

Israel’s Phinergy (reported here previously) is partnering Indian Oil Corporation (IOC) to make Aluminum-Air battery systems. India’s Prime Minister Modi wants electricity to “de-carbonize mobility”, to recycle used Aluminum and increase made-in-India products. https://energy.economictimes.indiatimes.com/news/oil-and-gas/indian-oil-corporation-enters-into-joint-venture-with-israeli-company-phinergy/81561055

Israel’s Voyager Labs (reported here previously) has announced that its suite of AI cloud-based security solutions is now also available on Microsoft Azure. Also, the Microsoft One Commercial Partner program gives Voyager Labs the facility to sell to Microsoft customers … Continue reading →