Three Israeli trade organizations have signed an agreement worth hundreds of millions of dollars with the General Confederation of Moroccan Enterprises. It promotes trade and technology cooperation, including food, agriculture, vehicles, chemicals, equipment, renewable energy, water and health. https://www.israelhayom.com/2021/04/01/israel-morocco-sign-strategic-accord-worth-hundreds-of-millions-of-dollars/

The prospects for the resumption of tourism to Israel are good. Non-Israeli family members can now visit first-degree relatives in Israel. Then on May 23rd, foreign tour groups will be admitted. And soon thereafter the skies should open to allow … Continue reading →

Israeli companies Tailor Brands and Melio have kept many US small businesses alive during the pandemic. Tailor Brands provides branding services online, and initially free, to 30 million customers. Melio (see here) provides a platform for transferring digital payments between … Continue reading →

Following its launch in Canada and India, the plant-based toddler formula from Israel’s Else Nutrition (reported here previously) is on its way to 30,000 retail stores across the USA.  The kosher, organic, gluten & soy-free, FDA-approved formula is made from … Continue reading →

U.S.-based investment firm Thoma Bravo is acquiring Israeli-founded Applitools (see here) for a reported $250 million. Applitools provides software engineers with AI-based and cloud-powered solutions to help automate functional and visual testing for their apps. https://www.calcalistech.com/ctech/articles/0,7340,L-3902274,00.html https://www.timesofisrael.com/us-private-equity-fund-thoma-bravo-to-buy-israeli-founded-applitools/

Israel’s Talon Cyber Security has just raised $26 million in what is believed to be Israel’s largest ever initial funding of a startup. Talon says it is developing a first-of-its-kind technology that offers cyber protection from the unique threats emerging … Continue reading →

Trax raised $640 million; Memic raised $96 million; Capitolis raised $90 million; ClimaCell (now Tomorrow.io) raised $77 million; Zoomin Software raised $52 million; Augmedics raised $36 million; Fyllo raised $30 million; AmplioSpeech raised $27 million; Talon Cyber Security raised $26 … Continue reading →