Israel’s EVR Motors has signed its 4th commercial agreement in India. It is now partnering RSB Group to develop electric motors for light commercial vehicles using its breakthrough Trapezoidal Stator RFPM topology. Previous agreements with Badve (see here), Napino, and … Continue reading →

Israel’s global freight booking and payment platform Freightos has begun trading on Nasdaq after a $500 million IPO. Freightos raised over $80 million in capital through the listing, including $10 million from Qatar Airways. https://www.calcalistech.com/ctechnews/article/hyvyviroi

Japanese IT service giant NTT has selected Israel’s C2A Security (see here previously) as the first project of its new Global Automotive Security Test Center. The center will test connected cars to secure and protect their systems from cyber-attacks for … Continue reading →

Freightos raised $80 million (IPO); Sentra raised $30 million; NT-Tao raised $22 million; Evigence raised $18 million; BridgeWise raised $13 million; Gem Security raised $11 million; Guardz raised $10 million; Addressable raised $7.5 million; GoodOnes raised $3.5 million.

US giant Dell acquired Israel’s cloud orchestration solutions startup Cloudify for up to $100 million; Israel’s OpenWeb acquired Israeli-founded proprietary audience management platform Jeeng for $100 million; Canada’s Plusgrade acquired Israel’s UpStay and opened Israeli R&D center.

When global management consultancy McKinsey acquired Israel’s Iguazio last month (see here previously) they had examined more than 1,000 AI companies worldwide. Iguazio (McKinsey’s first Israeli acquisition) was identified as the best fit to help McKinsey significantly accelerate its AI … Continue reading →

Israel’s Elron Ventures has unveiled CyberFuture – a cybersecurity alliance of global Chief Information Security Officers (CISOs) and entrepreneurs. It aims to support new cybersecurity startups, plus earn investment income for the security professionals (including several Israelis) involved. https://www.calcalistech.com/ctechnews/article/bkpaycl2o

Israel’s Simpliigood (see here previously) has partnered Israeli agri-tech multinational Haifa Group (see here previously). Together they will optimize Simpliigood’s spirulina algae production, use Haifa Group’s waste CO2 for spirulina photosynthesis and develop new foods. https://www.prnewswire.com/il/news-releases/simpliigood-haifa-group-co-pioneer-sustainable-closed-loop-spirulina-production-301734640.html

Amazon Web Services (AWS) recommends farmers use Israel’s CropX (see here previously) to supply food to the world’s population. CropX systems use AWS Cloud computing. Meanwhile, CropX has acquired US-based precision irrigation startup Tule, its 4th acquisition. https://www.aboutamazon.com/news/aws/how-cropx-uses-aws-cloud-computing-for-farming https://agfundernews.com/cropx-makes-its-fourth-acquisition-with-precision-irrigation-startup-tule