Taiwan’s largest software incubator, Innovation to Industry (see here previously), has selected 21 Israeli companies. It aims to integrate Israeli software with Taiwan’s hardware, including computers, LCDs, semiconductors and phones, as well as in Taiwan’s healthcare system. https://www.timesofisrael.com/21-israeli-tech-firms-selected-for-leading-taiwanese-incubator-program/

North American online grocery platform Instacart is partnering Israeli-founded automation logistics startup Fabric (see here previously). Fabric will use its robotic fulfilment warehouses and AI software to help Instacart deliver goods to its customers. https://nocamels.com/2021/07/instacart-israel-fabric-automated-fulfillment/

Hippo raised $550 million (IPO); Rapyd raised $300 million; Buildots raised $30 million; Localize.city raised $25 million; RealView Imaging raised $15 million; HopOn raised $10 million; STOREE raised $8 million; AgroScout raised $7.5 million; Append Medical raised $7.4 million; Renovai … Continue reading →

The $300 million just raised by Israel fintech Rapyd (see here previously) makes it Israel’s most valuable privately owned company, with a market value of $10 billion. https://www.timesofisrael.com/rapyd-becomes-israels-most-valuable-private-startup-with-300m-funding-round/ https://www.calcalistech.com/ctech/articles/0,7340,L-3914072,00.html

One of the reasons so many Israeli startups have succeeded despite the pandemic is because their employees can work remote from their main Israeli offices. This article highlights several examples of where startups have even allowed their staff to work … Continue reading →

Israel’s HopOn (see here previously) is expanding into Europe with its mobile payment solutions for public transportation.  It has just acquired UK-based ECR, a payment solution for public transit and leisure venues, for $10 million. HopOn operates the payment system … Continue reading →