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Monthly Archives: June 2022
Investment in Israeli startups to 26/6/22
Lusix raised $90 million; Playmaker raised $40 million; Evinced raised $38 million; Cyberint Technologies raised $28 million; SpearUAV raised $17 million; RevealSecurity raised $16 million; Crowdvocate (Base) raised $15 million; Fairtility raised $15 million; Dig.security raised $11 million; Wilco raised … Continue reading
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Takeovers, mergers & exits to 26/6/22
Israel’s Priority Software (see here previously) has acquired Israel’s SilverByte for NIS 120 million. US telecom giant Comcast is acquiring US-Israeli Levl for around $50 million. Levl will become the basis for Comcast’s first R&D center in Israel. Israel’s Global-e … Continue reading
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Tackling obesity in children
Israel’s Sweet Victory (see here previously) has produced a children’s version of its chewing gum designed to stop sugary treat cravings. Sweet Victory partnered Swiss flavor manufacturer Givaudan to create a supplement that fits kids’ taste buds. https://innovationsfood.com/sweet-victory-botanical-gum-targets-kids-sweet-tooth/
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Crowdfunding interest-free loans
The interest-free loans from Israel’s SparkIL support worthy, business opportunities that are good for society. The loans are sourced from altruistic lenders in the US who wish to strengthen small businesses from Israel’s socioeconomic periphery who are underserved by the … Continue reading
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Samsung invests in Israeli AI
Samsung Ventures has invested in Israeli AI systems and semiconductor startup NeuReality (see here previously). Samsung stated that NeuReality’s technologies “… are critical for the ability to adopt and grow AI solutions.” Israeli crowdfunding platform OurCrowd is also backing NeuReality. … Continue reading
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More funds investing in Israeli startups
US based Vine Ventures has opened a new office in Tel Aviv’s Sarona Market and said it will invest half of its new $140 million fund in Israeli startups. Meanwhile, the unrelated Sarona Ventures has launched a new $20 million … Continue reading
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A million shekels each for 3 energy projects
Israel’s Ministry of Energy and the Israel Innovation Authority have awarded a total of NIS 3.3 million to three Israeli startups. They are Augwind (compressed air energy storage), ZOOZ Power (previously Chakratec – EV charging), and Seosol (drone scans to … Continue reading
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Promoting trade with Egypt and Morocco
For the first time in about a decade, an Egyptian delegation of 12 textiles and clothing industrialists and businesspeople met senior officials and business leaders in Israel. Meanwhile Israeli Interior Minister Ayelet Shaked flew to Morocco to invite Arab nurses … Continue reading
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Israel Space Olympics
100,000 students from 400 schools nationwide took part in the eighth annual Israel Space Olympics, the flagship educational event of the Israel Space Agency and the Science and Technology Ministry. 20 teams competed in the finals at the Israel Center … Continue reading
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UK visit to hydrogen charging stations
UK Trade envoy to Israel Lord Ian Austin was in Israel to see Gencell Energy’s unique hydrogen-based hybrid charging stations. It is the world’s only solution for charging electric vehicles without carbon emissions and without relying on the power grid. … Continue reading
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