600,000+ Israeli working parents will benefit from increased tax credits worth nearly NIS 2,800 for each child – some NIS 2.1 billion in total. An additional NIS 500 million will be distributed to low-income working families. https://en.globes.co.il/en/article-knesset-passes-bill-giving-parents-extra-tax-credits-1001412173

The safe, pure, plant-based baby food products of Israel’s Else Nutrition (see here previously) are reshaping the industry. It is filling a market gap caused by the shortage of baby formula, and a desperate need for products free of heavy … Continue reading →

Semperis raised $200 million; StarkWare raised $100 million; Rivery raised $30 million; NeuraLight raised $25 million; Circles raised $16.5 million; buywith raised $9.5 million; Red Access raised $6 million;

Some 385,000 foreigners have visited Israel since Covid-19 entry rules were eased on 1st March. They include the overseas owners of some 83,000 Israeli properties, who last visited before March 2020. Many other “second home” owners made Aliyah, so they … Continue reading →

US digital printing giant Shutterfly acquired Haifa-based Photoccino, its 8 employees, and AI photographic algorithm in 2012. The Haifa operation now has 150 Jewish, Muslim, Christian, and Druze employees and contributes much of Shutterfly’s $2.3 billion annual revenue. https://www.calcalistech.com/ctechnews/article/woo6532y7

Israeli Emily Levi discovered the reason for her chronic pain while watching the TV drama Greys Anatomy. It inspired her to launch her own medical startup Prolo Cure which uses prolotherapy (injections into a joint) to treat chronic pain. https://www.timesofisrael.com/israeli-diagnoses-her-rare-condition-while-watching-greys-anatomy/

GE Healthcare is to invest up to $50 million in mobile ultrasound products of Israel’s Pulsenmore (see here previously).  GE will also distribute Pulsenmore’s home pregnancy monitors. Pulsenmore is now developing monitors for chronic heart failure, end-stage renal disease and … Continue reading →