Israeli venture capital firm Viola has just published its report “Israel Tech Ecosystem 2021: Breaking Records in a Record-Breaking Year”. It highlights that the $8.1 billion of funding in startups in the last 3 months of 2021 was the highest … Continue reading →

DHL has just made its biggest Middle East investment – opening an $80 million automated processing center in Israel. It can ship 20,000 packages every hour – vital, due to the growth in Israel’s economy since the beginning of the … Continue reading →

Israel has awarded a total of NIS 8.6 million to six agro-tech startups engaged in ensuring the regular supply of fresh food (food security). They are BioFishency, Agrint Sensing Solutions, Tosaf Compounds, ALTA drones, FruitSpec and Salicrop. https://www.tosaf.com/ https://alta.team/en/ https://www.calcalistech.com/ctech/articles/0,7340,L-3927980,00.html

Philippine Airlines is to launch a direct route to Israel in April and has already started selling tickets. Initially, it will operate two weekly flights between Tel Aviv and Manila. The expected flight time is about 11 and a half … Continue reading →

US giant Nvidia, which acquired Israel’s Mellanox in 2020 for $7 billion, is to establish a new Israel-based design and engineering group. Its aim is to develop the next-gen Nvidia CPUs for powering the revolution in AI, robotics, autonomous vehicles, … Continue reading →

Israel’s Albo (see here previously) has now partnered with Israel’s Taranis to help farmers in the US, Canada, Brazil, Russia, Ukraine, and Australia prove they are CO2 “sinks” and can receive carbon credits. Another partner is Tembo Climate of Mauritius, … Continue reading →

Israel’s ChickP has doubled its annual production of concentrated allergen-free, non-GMO chickpea protein isolate. It has also opened a new R&D center, appointed Liat Lachish Levy as CEO, and raised $8 million of funds. It now plans to expand its … Continue reading →

Israel’s Firebolt, developer of cloud data warehouses for engineering teams, has just raised $100 million ($1.4 billion valuation) to join the Unicorn club of private companies worth over $1 billion. https://www.calcalistech.com/ctech/articles/0,7340,L-3928013,00.html