Monthly Archives: August 2021

Investment in Israeli startups (15/8/21)

Ownbackup raised $240 million; VGarden raised $55 million; 4M Analytics raised $11 million; Joonko raised $10 million; Buff raised $9.3 million (TASE IPO); SIGA raised $8.1 million; ByondXR raised $7 million; Vesttoo raised $6 million;

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Even NICE-er

Israel’s NICE systems (see here previously) just reported improved second quarter earnings and became Israel’s highest value company at $17 billion. https://www.calcalistech.com/ctech/articles/0,7340,L-3914419,00.html

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Deloitte makes an awesome acquisition

Deloitte Digital has acquired Israeli brand and product design agency Awesome – the team responsible for Israel’s 2019 Eurovision campaign and the global brand presence of local companies like Playtika and Sodastream. Awesome can now access Deloitte’s many thousands of … Continue reading

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Nanox swallows Zebra

Israel’s Nasdaq-quoted portable X-Ray devices company Nanox (see here previously) has just acquired Israeli AI imaging analysis company Zebra Medical (see here previously) for $200 million. Nanox has also (TY Atid-EDI) just won a contract to deploy 1,000 systems in … Continue reading

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New shopping mall in Judean desert

The DCity shopping mall, which opened outside Ma’aleh Adumim near Jerusalem, is Israel’s largest mall and designed as a replica of the famous Venetian Resort in Las Vegas. Its 150,000 square meters features some 200 storefronts, restaurants, a luxury hotel … Continue reading

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Black Unicorns

Cyber Defense Magazine’s named Israel’s Noname Security in its 2021 Top 10 Black Unicorn list of cybersecurity startups likely worth $1 billion in 3 years. Israel’s NanoLock, Adaptive Shield, XM Cyber and Siemplify were in the Top 10 Baby Black … Continue reading

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Revenue up, deficit down

Israel’s cumulative government deficit for the twelve months to end July 2021 was 9.3% of GDP, down from 11.7% at the end of 2020. The main reason is increased revenue, up nearly 30% in 2021 compared to 2020. The government … Continue reading

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Drip irrigation for low value crops

Israel’s N-Drip (see here previously) has developed a unique zero-energy gravity-powered micro-irrigation system for crops that have a very low profit margin, like corn and potatoes. N-Drip’s Chief Sustainability Officer is Seth Siegel, author of “Let there be Water” (featured … Continue reading

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Five medals at Physics Olympiad

450 students from 90 different countries competed at the 54th International Physics Olympiad in Lithuania. After eight days of contests, lectures, games and projects, all five members of the Israeli high school team won either silver or bronze medals for … Continue reading

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Electric President

Ex-Israeli President Reuven Rivlin seemingly likes the title of President. He is widely reported to be joining Israeli electric road developer Electreon (see here previously) – as its President! https://www.timesofisrael.com/former-president-rivlin-reportedly-set-to-join-smart-road-tech-company/

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