Monthly Archives: May 2023

FIFA supports Israeli soccer programs

FIFA – the top governing body in the world of soccer – has awarded $30,000 to Israeli non-profit “The Equalizer” (see here previously) for its 3 soccer programs. FIFA has also renewed its support for the Peres Center for Peace … Continue reading

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Visit Arad

The desert city of Arad has changed since the article’s author first visited in 1989. Its coffee bars, healthy environment, wellness therapy, art studios, wineries, brewery, restaurants, hiking trails, hotels and glamping sites provide plenty to interest tourists and visiting … Continue reading

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Prize for Jewish Literature

Israeli writer Iddo Gefen has won the $100,000 Sami Rohr Prize for Jewish Literature for his short-story collection, “Jerusalem Beach.” Iddo is a cognitive psychology doctoral student at Columbia University. His book is a series of snapshots of contemporary life … Continue reading

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Trade with New Jersey is worth billions

The New Jersey Economic Development Authority reports that trade between New Jersey and Israel increased by 11% in 2022 to $1.72 billion. It also highlighted that Israeli investments were valued at approximately $551m. and had created 1,900 local jobs since … Continue reading

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Volvo invests in Israeli driver safety startup

Volvo Cars Tech Fund joined the current $6M target funding round for CorrActions (see here previously). Its CEO said “CorrActions fits the bill perfectly and focuses on a mission that is close to our heart: making cars and traffic safer.” … Continue reading

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Investment in Israeli startups to 7/5/23

Pinecone raised $100 million; Healthy.io raised $50 million; Magenta Medical raised $55 million; Novidea raised $50 million; Coro.net raised $45 million; Foretellix raised $43 million; ADASKY raised $30 million; Trullion raised $15 million; Neteera raised $13 million; Ctrl raised $9 … Continue reading

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Exits, takeovers and mergers to 7/5/23

US-based Blink Mobility acquired Israel’s Envoy for $34 million. Israel’s Youappi has been acquired by an unnamed US company for around $110 million.

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Rolling out smart shopping carts

Israel’s A2Z Smart Technologies (see here previously) has signed an agreement to roll out 1,000 of its smart pick-and-go, self-checkout shopping carts at Israel’s  Hastok home design and household concept stores across the country in a deal valued at NIS … Continue reading

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49 more startups in MassChallenge II

Israel’s largest equity-free accelerator program, MassChallenge IL, brought together 49 startups in Jerusalem recently to learn business essentials, a first step towards enabling companies to complete its four-month “investor-ready” program. https://www.jns.org/49-israeli-startups-learn-business-basics-in-masschallenge-program/

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How 7th Heaven was invented

7th Heaven chocolate (see here previously) was conceived in the kitchens of two vegan Israeli chocoholics Daniel and Elya, who were dating. They have just raised $3 million to market the creamy non-dairy, kosher chocolate beyond its current retail locations … Continue reading

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