Energy producer Energean has announced the discovery of 7 – 15 billion cubic meters (BCM) of natural gas at its Hermes exploration well in the Mediterranean Sea off Israel. https://en.globes.co.il/en/article-energean-declares-gas-discovery-in-hermes-field-1001426242

The ‘Azerbaijan Investment Company’ has signed a memorandum of understanding with Israel’s ‘I.D.E. Water Assets Ltd’ (IDE Technologies – see here previously) to establish a plant for desalinating Caspian Sea water in Azerbaijan. https://www.azernews.az/business/200587.html

TripActions raised $300 million; IronVest raised $23 million; SecuriThings raised $21 million; Classiq raises an extra $16 million; Cipia raised $9 million; Tres.finance raised $7.6 million; Kubiya raised $6 million; Continue AI raised $5.7 million; TaTiO raised $5.3 million;

Israeli semiconductor startup Banias Labs was acquired by UK’s Alphawave IP for $240 million. Israeli-owned BrainPOP was acquired by Lego’s holding company KIRKBI A/S for $875 million.

Here is one example of an Israeli embarking on a completely new career. Shlomo is a full-stack developer for the fintech firm Capitolis. But just five years ago, he was a camel rancher with little-to-no technical experience. https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-718889

Israelis are finally getting the message that they do not need to slave away at low-paid, dead-end jobs when there are thousands of well-paid hi-tech jobs available. A survey by Practicum Israel showed over 60 per cent of respondents moving … Continue reading →

The government of the Netherlands has selected Israel’s Atriis as their global managed travel technology platform for the next eight years. The Dutch government will use the Atriis platform to book business travel for more than 12,000 travelers worldwide. https://www.calcalistech.com/ctechnews/article/r1r4yxemi … Continue reading →

Israel’s Seakura (see here previously) has launched its seaweed-based products in nine Canadian supermarket chains. They include organic seaweed falafel mix and various seaweed pastas with lentils, corn, or quinoa. Seakura also supplies Italian frozen food manufacturer Rispo with fresh … Continue reading →