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Monthly Archives: January 2024
Finding solace underwater
Diving clubs in Eilat are offering evacuated Israelis free courses and sessions in scuba diving and free diving. The underwater setting, physical activity, breathing exercises, weightlessness, body control, and exposure to and overcoming fear can all serve to mitigate emotional … Continue reading
Nine innovation centers
Israel is investing NIS 100 million to set up nine innovation centers in regions away from Israel’s center. They will help local entrepreneurs build technical solutions for food tech, agritech, desert tech, aquaculture, biotech, health tech, climate, renewable energy, green … Continue reading
Posted in Economy & Business
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Boycott brings success to Israeli company
The Israeli franchise of Ben & Jerry’s is expanding thanks to its split from its anti-Israel parent. It is to open a bigger factory to expand its product range into ice cream bars and popsicles. CEO Avi Zinger also wants … Continue reading
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Startup investment – to 7/1/24
Israel’s PomVom (IPO); Aqua Security raised $60 million
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Exits, takeovers, and mergers – to 7/1/24
US-based Level Access has acquired Israeli AI web accessibility startup UserWay for around £99 million.
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Palantir stands with Israel
US tech giant Palantir is to hold its first board meeting of 2024 in Tel Aviv. The company wrote on X last week, “We stand with Israel…Our work in the region has never been more vital. And it will continue.” … Continue reading
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Returning to work after a war
Israeli companies have been gearing up to help employees re-adjust when they return from IDF reserve service. Read how Israeli firms Applied Materials, Taboola, Priority, and Monday.com have prepared for the challenge. https://www.calcalistech.com/ctechnews/article/7l6yhdusi
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$9.75 million for clean energy projects
Nine clean energy projects (see here previously) are to receive $9.75 million under the US-Israel (BIRD) Energy program. Israelis orgs involved include Bar Ilan R&D, SolarPaint, Groundwork BioAg, CarbonBlue, Boson Energy, PowerPlug, AIR EV, Trigo Solar, and Windstore Energy. https://www.calcalistech.com/ctechnews/article/hk9cjgg006 … Continue reading
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Taste vegan “realistic meat” in Florida
The fermented plant-derived “meat” from Israel’s Chunk Foods (see here previously) has now reached Florida. The authentic tasting replicated whole cuts are now available at The Talk of the Town Restaurant Group, which comprises six restaurants in Central Florida. https://nocamels.com/2023/12/fermented-filet-made-from-plants-looks-and-tastes-like-meat/
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“Resiliency is off the charts”
At two financial events last week, finance heads and investors spoke of the resilience of Israeli entrepreneurs. Typical was Ed Sim, founder, and general partner at boldstart Ventures. “Yes, there’s an impact,” he said. “But the resiliency is off the … Continue reading
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