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Monthly Archives: May 2021
Western Galilee Spring festival
The Western Galilee Now consortium of small businesses has just held its eight Spring Festival, supported by JNF-USA. Its 30 events highlighted the region’s variety of cultural, culinary, art, leisure and nature activities, as well as its geographical richness, history … Continue reading
A conveyor belt of Unicorns
In 2020 16 Israeli companies became unicorns – private companies valued over $1 billion. This amounted to around 10% of new unicorns globally in 2020. 15 more Israeli companies have become unicorns already in 2021 – almost one a week. … Continue reading
Posted in Economy & Business
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BBC swaps one Israeli service for another
BBC Global News has replaced Outbrain (see here) – its Israeli provider of recommendations for the website BBC.com – with Israel’s Taboola (see here). Ironically, the Israeli firms recently cancelled a 2019 merger agreement (see here). (No change likely to … Continue reading
Posted in Economy & Business
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Investment in Israeli startups (30/5/21)
Global-e Online raised $375 million (IPO); Forter raised $300 million; Sunbit raised $130 million; Wiz raised $120 million; Explorium raised $75 million; Salt Security raised $70 million; Snappy raised $70 million; Rapid Medical raised $50 million; AnyClip raised $47 million; … Continue reading
Posted in Economy & Business
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Wandera exits for $400 million
Israeli-founded, London based cybersecurity company Wandera, has been acquired by U.S. company Jamf for $400 million. https://www.calcalistech.com/ctech/articles/0,7340,L-3907548,00.html
Posted in Economy & Business
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Promoting tourism in Dubai
Dubai’s Arabian Travel Market was billed as the first travel and tourism event to happen in person since the global coronavirus outbreak. Israeli booth marketed the country as the “Land of Creation”. Videos advertised Israel’s vegan food, its beaches and … Continue reading
Posted in Economy & Business
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Thousands of air passengers
On May 24th 18,000 passengers passed through Tel Aviv Ben Gurion’s airport with 134 flights taking off and landing. Many of the foreign airlines, who suspended flights during Operation Guardian of the Walls have now resumed Israel operations. https://en.globes.co.il/en/article-ben-gurion-airport-packed-with-passengers-1001371776
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Half a billion to invest
Israeli venture capital firm 83North has raised a new $550 million fund. This is the VCs sixth fund and will take its assets under management to $1.8 billion. 83North has invested in Israeli startups ironSource and Payoneer (who are about … Continue reading
Posted in Economy & Business
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7 Israeli “disruptors” in top 50
CNBC’s 2021 Disruptor 50 list (of companies aligned with a rapid pace of technological change) contains seven Israelis (up from 5 in 2020). They are SentinelOne (at number 4), TytoCare (9), K Health (11), Snyk (15), Neteera (26), Sight Diagnostics … Continue reading
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Israeli cool startups
Four Israeli startups were listed in Garner’s 2021 Cool Vendors list. They are VOOM (Insurance), Run:AI (Enterprise AI Operationalization and Engineering), Lightrun (Monitoring, Observability and Cloud Operations) and Apiiro (DevSecOps). All have previously appeared in this newsletter. https://www.calcalistech.com/ctech/articles/0,7340,L-3908026,00.html
Posted in Economy & Business
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