Monthly Archives: July 2022

All happening in Jerusalem

Posted on July 24, 2022

Sharon captured the excitement of the Maccabiah Games opening ceremony and the Jerusalem streets in advance of the US President’s visit to Israel. http://rjstreets.com/2022/07/17/jerusalem-shut-down-for-biden-and-lights-up-for-maccabiah/

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Who by fire

Posted on July 24, 2022

Jonny Steel, VP Marketing at Israel’s Payoneer, shares insights after reading “Who By Fire: Leonard Cohen in the Sinai” by Matti Friedman. The Canadian Jewish singer / songwriter Leonard Cohen was transformed by his experiences in Israel during the 1973 … Continue reading →

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Israel’s one-millionth tourist

Posted on July 24, 2022

Israel’s Tourism Minister welcomed Belinda Desoyo Lee Marcelo, a resident of the United Arab Emirates – its millionth tourist of 2022, just over four months since pandemic-related travel restrictions were lifted on 1st March. Nearly a quarter of a million … Continue reading →

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Clearer vision for Boeing 737 pilots

Posted on July 24, 2022

Israel’s Elbit Systems’ subsidiary Universal Avionics Systems has won a $33 million order for its ClearVision Enhanced Flight Vision Systems (EFVS) for Boeing 737NG aircraft. ClearVision features the SkyLens 360-degree field of view Head Wearable Display and EVS-5000 cameras. https://www.prnewswire.com/il/news-releases/universal-avionics-an-elbit-systems-subsidiary-awarded-33-million-contract-to-supply-enhanced-flight-vision-systems-for-boeing-737ng-301587979.html

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Out with the old, in with the new

Posted on July 24, 2022

Some interesting facts in the latest IVC Israeli Tech Review report. Investment in established Israeli hi-tech startups was lower in 2022 than record-breaking 2021, but funds for early-stage startups were higher! Also, more Israeli startups launched in 2022 than for … Continue reading →

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$250 million fund for investment

Posted on July 24, 2022

Israel’s F2 Venture Capital has announced its largest-ever seed fund of $150 million for Israeli founders of startups, as well as another $100 million fund to continue backing existing portfolio companies. F2’s areas of focus include Fintech, AI, Big Data, … Continue reading →

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Social & environmental impact investing

Posted on July 24, 2022

Bridges Israel is a Venture Capital fund that invests in Israeli startups that aim to make financial returns alongside significant social and environmental impact. The startups cover technology in areas including agriculture, water, climate, and health. It sees Israel as … Continue reading →

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Building the value of startups

Posted on July 24, 2022

Wendy Blumfield writes how Haifa’s Road2 startup hub (see here previously) helps local entrepreneurs, industry leaders and investors turn their innovative ideas into inspiring businesses. https://www.jpost.com/jerusalem-report/article-711978  (Premium subscription required for full access) https://www.road2.co.il/

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Investments, takeovers and mergers to 24/7/22

Posted on July 24, 2022

ForSight Robotics raised $55 million; Dot Compliance raised $23 million; Virility raised $10 million; Israel’s MedOne (data center hosting) has sold a 49% stake worth around $210 million, to Berkshire Partners.

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AIR ONE passes first test with flying colors

Posted on July 24, 2022

Israel’s AIR has successfully completed its first hover test of its AIR ONE flying car (see here previously). The full-scale, full-weight, prototype rose above Kibbutz Megiddo in northern Israel, supervised by the Civil Aviation Authority. A full flight test is … Continue reading →

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