The EU’s European Investment Bank (EIB) is expanding its agreement with Israel’s Bank Leumi for “green” investments. EIB will inject €250 million to finance projects for small and medium-sized businesses. Finance has already been provided to Israel’s Solegreen and Teralight. … Continue reading →

Israel’s Rail Vision (see here previously) goes from strength to strength. While it was receiving EU certification for its rail safety systems, it was also winning a $5 million order from a leading US-based rail & leasing services company. And … Continue reading →

BRIA.ai raised $24 million; DustPhotonics raised $24 million; Loora raised $12 million; Faddom raised $8 million; KTrust raised $5.3 million; Silynx raised $5 million (IPO);

Although the takeover of Israel’s hyperspectral imaging tech startup Voyage81 by US-based beauty brand Il-Makiage was reported here previously, the IPO of IL-Makiage’s parent company Oddity wasn’t. Why is that odd?  Because Oddity’s R&D is performed in Israel. And Oddity … Continue reading →

Israel’s Better Juice (see here previously) has partnered with US company Ingredion, a provider of specialty ingredients to the food and beverage industry. Ingredion will lead a funding round for Better Juice, to help it market its reduced sugar technology … Continue reading →

The energy companies extracting natural gas from Israel’s Tamar field are investing $24 million to increase production. The additional gas will raise daily output to 1.2 billion cubic feet and by 2025 to 1.6 billion cubic feet, helping to meet … Continue reading →

To avoid ships being attacked by Houthi terrorists, Israel-based firms transporting goods from the Far East (China and India) run trucking routes from the ports of Dubai and Bahrain to Haifa. They pass through Saudi Arabia (despite not having diplomatic … Continue reading →

Israel’s female-led Venture Capital firm iAngels has raised $70 million for its second fund, iAngels Ventures 2. It will invest in early-stage startups, with investments ranging between $2-4 million for seed rounds. iAngels’ previous Israeli investments include Oddity, Hello Heart, … Continue reading →

As it has since 2003 (see here previously), the US State of Ohio has bought Israel Bonds – $30 million this time. Ohio is one of the country’s largest buyers of Israel Bonds, now holding $262.5 million. Ohio’s treasurer, Robert … Continue reading →