Serbia has inaugurated its innovation and trade office in Jerusalem. The office, located in Margalit Startup City Jerusalem, is a sign of burgeoning business ties and designed to enable the countries to fulfill their bilateral economic potential. https://www.timesofisrael.com/in-a-sign-of-thaw-in-tensions-serbia-opens-trade-office-in-jerusalem/

Latest Israeli startups to become billion-dollar Unicorns are Celsius Networks (raised $400 million, value $3 billion); Lusha (see here) raised $205 million, value $1.5 billion; Augury (see here) raised $180 million, value $1 billion; OpenWeb (raised $150 million, value $1 … Continue reading →

Celsius Network raised $400 million; Lusha raised $205 million; Fabric raised $200 million; Augury raised $180 million; OpenWeb raised $150 million; DustPhotonics raised $33 million; Backbox raised $32 million; Tactile Mobility raised $27 million; OurCrowd raised $25 million; Deci raised … Continue reading →

One of the investors in Israel’s latest $1 billion company OpenWeb is the New York Times, which rarely prints anything complimentary about the Jewish State. https://www.timesofisrael.com/new-york-times-invests-in-israeli-firm-openweb-at-1b-valuation/

Renasas acquired Celeno for $315 million; Medtronic to acquire Triple Jump for $300 million; Slinger acquired PlaySight for $82 million;

Israel’s Browzwear (see here previously) has been named one of Fortune Magazine’s Impact20 – companies that generate revenue while offering products or services that have a positive effect on the world. Browzwear’s VSticher 3D prototype software reduces fabric waste in … Continue reading →

The technology from Israel’s Traffilog (see here previously) will remotely diagnose the condition of truck tires for Continental AG. The German tire giant already has partnerships with several Israeli startups (see here previously). https://www.calcalistech.com/ctech/articles/0,7340,L-3920699,00.html

In its fifth year, Techstars Tel Aviv has launched its second 13-week accelerator program of 2021 (see here previously). The 11 Israeli startups are Agado Live, Binsight, EyeKnow, Insuretax, EZCheck.me, optimusQ, Ovvio, Renbizz. retravel, Sea Analytics and YieldX. https://www.yieldx.biz/ https://www.calcalistech.com/ctech/articles/0,7340,L-3920841,00.html … Continue reading →

Deloitte has selected seven more Israeli startups for its Launchpad initiative (see here previously). They will be mentored on how to grow their businesses in the US. They are Agora (see here), BlazePod, Craft.io, DigitalOwl, Hyro (see here), IVIX (see … Continue reading →

The Bank of Israel has a new “state of the art” data center. It is fault tolerant, earthquake resilient, and based on energy-saving green technologies. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/27-10-21.aspx