Monthly Archives: March 2022

Return to Jerusalem

The Conference of Presidents returned to Jerusalem, featuring global VIPs including from the UAE, Bahrain, and Morocco. The Shaon Horef (Winter Noise) street festival is back. There are many tourists on Jerusalem’s Streets, and we look forward to Purim festivities … Continue reading

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Making a splash

In a historic first, the Israeli national men’s water polo team qualified for the European Championship to be held in Split, Croatia in the summer.  They defeated Turkey 9:7 in the qualifying tournament at Wingate Institute in Netanya. The women’s … Continue reading

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Promoting diverse culture in Jerusalem

The Jerusalem International Fellows’ 10-week residency program brings leading international visual & performing artists, choreographers, architects, and urban planners, to work with local independent artists, ensembles, and cultural institutions in East and West Jerusalem. https://jerusaleminternationalfellows.org/

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Israelis take fewest sick days worldwide

UK business information organization Small Business Prices found that in 2020, Israeli employees took an average of 3.9 sick days from work due to illness – the lowest of the 28 countries analyzed, suggesting a strong work ethic. The UK … Continue reading

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Israel’s latest Unicorn

Israeli homebuilding tech company Veev (see here previously) has just raised $400 million at a valuation of over $1 billion. https://en.globes.co.il/en/article-israeli-tech-homebuilding-co-veev-raises-400m-1001404020

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Investment in Israeli startups to 6/3/22

Veev raised $400 million; Connecteam raised $120 million; Agritask raised $26 million; Maris-Tech raised $17.8 million (IPO); Tastewise raised $17 million; nSure.ai raised $13 million; Propel (PR) raised $4.5 million; Vensica raised $3 million; Visionary.ai raised $2.5 million; MedHub raised … Continue reading

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Exits, acquisitions and mergers

Israeli fintech startup Finaro, formerly known as Credorax, has been acquired by US payments company Shift4 for $575 million. https://www.calcalistech.com/ctechnews/article/ry8tvrjeq

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Hit by fraud, so founded a startup

When the founders of Israel’s nSure.ai started their previous company, they were pleased with initial sales, only to find that 40% involved fraudulent credit cards. Exiting approval systems were ineffective, so they so they decided to solve the problem by … Continue reading

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Walmart helps Israeli health shakes to grow

Israel’s Nutritional Growth Solutions (see here previously has announced that US giant retailer Walmart will sell NGS’s Healthy Heights line of children’s growth-support protein shakes on its on-line platform. They will also be available via the RangeMe online marketplace. https://www.prnewswire.com/news-releases/healthy-heights-goes-online-at-walmart-and-rangeme-301493915.html

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More money for cybersecurity

Israeli Venture Capital firm Cyberstarts (see here previously) has launched its third VC fund – a $200 million Opportunity Fund, for follow-on investments in growing cybersecurity companies. Cyberstarts’ first fund is one of the world’s best performing funds, averaging 300% … Continue reading

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