Monthly Archives: April 2023

Exits, takeovers and mergers to 16/4/23

Posted on April 16, 2023

Entain, one of the world’s largest sports betting and gaming groups, is acquiring Israeli sports results application 365Scores for $200 million. Cisco is acquiring Israel’s Lightspin for $200-250 million. BP and Abu Dhabi National Oil have offered $2 billion for … Continue reading →

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Heading for the Judean hills

Posted on April 16, 2023

Michael Fertik, founder of US Fund Heroic Ventures said that his “decision to continue to invest in Israeli startups is not just a matter of principle: there has never been a better economic moment to invest in startups in the … Continue reading →

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Inspecting vehicles at Haifa Port

Posted on April 16, 2023

Israel’s Ravin AI (see here previously) has partnered with Haifa Port to inspect new vehicles entering Israel, pinpoint damage during transport, offloading, and storage and help identify the responsible parties. Ravin’s customers include Avis Budget, Sixt, Mercedes Benz, and Toyota-Lexus. … Continue reading →

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A Quantum alliance

Posted on April 16, 2023

KPMG’s Global Quantum Hub announced its partnership with Israeli quantum software company Classiq (see here previously) to bring innovative quantum solutions to clients. They will target financial services, automotive, medical, energy, telecommunications, and logistics. https://www.calcalistech.com/ctechnews/article/bjs4asowh

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Israel in Texas

Posted on April 16, 2023

Israeli entrepreneurs made a big impression at the SXSW (South by Southwest) tech and music festival in Austin, Texas. They included NeuraLight, which beat 1,000 startups to win the Innovation Award for Health and Med Tech. The festival covered technology, … Continue reading →

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Tel Aviv – 2nd most valuable ecosystem outside the US

Posted on April 16, 2023

According to Intelligence company dealroom.co, Tel Aviv tech startups had a combined value of $393 billion at the end of 2022 – second only to London among Europe, Middle East, and Africa. In the last 5 years, Tel Aviv businesses … Continue reading →

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Free trade with Vietnam

Posted on April 16, 2023

Talks about a Free Trade Agreement between Israel and Vietnam have been in progress since 2013 (see here previously). They have now concluded, and an agreement will be signed later this year. During the 10 years, Israeli exports to Vietnam … Continue reading →

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Plants emit sounds

Posted on April 16, 2023

Tel Aviv University researchers have recorded and analyzed sounds distinctly emitted by plants. The click-like sounds resemble popping popcorn, emitted at frequencies beyond the hearing range of the human ear. The sound varies according to the plant species and stress … Continue reading →

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Designing safer roads

Posted on April 16, 2023

Israel’s RDV (Rapid Design Visualizations) Systems is a 3D design visualization firm specializing in planning highways and is now focusing on road safety. It has worked with around 20 US state departments of transportation. It also fixed six design deficiencies … Continue reading →

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Identifying on-line gambling addicts

Posted on April 16, 2023

Israel’s Optimove (see here previously) has developed AI software that helps betting websites identify users with a potential gambling addiction. These users then receive messages encouraging them to take a break, reduce their bet, or get help. The online betting … Continue reading →

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