Monthly Archives: July 2022

Israeli culture in Czech Republic

Posted on July 31, 2022

Střelecký Island, in the heart of Prague, recently became an island of Israeli culture in a unique open-air festival organized by the Israeli Embassy. Some 15,000 people enjoyed Israeli bands, soloists, folk-dancing, Krav Maga (self-defense), pita baking, poetry, children’s activities … Continue reading →

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Israeli Jazz in Barcelona

Posted on July 31, 2022

This year’s JAZZ IM festival in Barcelona was dedicated to Israel. The Israeli embassy supported two Israeli jazz ensembles in the festival – the Tal Gamlieli Trio, and the Guy Mintos Trio. The organizers streamed the shows since all their … Continue reading →

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Uncovering “lost” art

Posted on July 31, 2022

Three previously unknown (and unfinished) sketches by celebrated 20th-century artist Amadeo Modigliani were discovered at the University of Haifa’s Hecht Museum, hidden beneath the surface of one of his paintings. His works were X-rayed prior to an upcoming exhibit in … Continue reading →

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The first Israeli-Saudi deal

Posted on July 31, 2022

Israeli-founded SolarEdge has signed an agreement with Saudi Arabia’s Ajlan & Bros Holding Group Abilitii. The two companies are to “explore investment in renewable energy,” according to the Saudi ministry. SolarEdge’s $14.7 billion market cap makes it one of Israel’s … Continue reading →

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Apple’s 3rd Israeli R&D center

Posted on July 31, 2022

Apple is expanding its Israel operations, with a new development center in Jerusalem. The U.S. technology giant already has 2,000 employees in Herzliya and Haifa. Its new site will reportedly focus on hardware and Mac chip development. Apple’s M1 chip … Continue reading →

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Investment in Israeli startups to 31/7/22

Posted on July 31, 2022

Balance (GetBalance.com) raised $56 million; Diagnostic Robotics raised $45 million; Frontegg raised $40 million; Viably raised $21 million; Cisco invested $10 million in Island.io; INCRMNTAL raised $4.1 million;

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Exits, takeovers & mergers to 31/7/22

Posted on July 31, 2022

Israel’s PerimeterX is merging with US HUMAN Security for a combined value of $1.5 billion. Israel’s Tremor International has bought Israeli-founded Amobee from Singapore Telecom for $239 million. Saudi Arabia’s Mithaq Capital now has over 20% of the shares of … Continue reading →

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Zeekr installs Mobileye software

Posted on July 31, 2022

Israeli-founded Mobileye has updated tens of thousands of Zeekr electric cars in China with what it calls “one of the world’s most advanced highway assist packages”. It uses Zeekr’s seven cameras to react to sudden braking ahead, a parked car … Continue reading →

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ElliQ is launched

Posted on July 31, 2022

After five years of development, Israel’s Intuition Robotics officially released the ElliQ system (see here previously) in the US. The AI robotic companion helps the elderly stay active, connected, and engaged. A study showed lonely 60-year-olds to live 3-5 years … Continue reading →

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Yahoo! to expand Israeli R&D

Posted on July 31, 2022

Multinational Yahoo! is expanding its Israel operations and its sales relationships with Israeli advertisers. It is currently recruiting positions both Ramat Gan (Tel Aviv) and Haifa centers. Yahoo! has been operating in Israel for nearly two decades, acquiring several Israeli … Continue reading →

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