Monthly Archives: March 2024

Christian Embassy donates 4 ambulances

The International Christian Embassy Jerusalem has donated four new ambulances to help replace the dozens of Israeli ambulances destroyed on and since Oct 7. One is an advanced military  ambulance for Gaza border communities. One will serve Holocaust survivors in … Continue reading

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Film festivals mark International Women’s Day

LiaFEST at the Jerusalem Cinematheque honors Lia van Leer, the founder of that cinematheque, the Haifa Cinematheque, the film festivals in Jerusalem and Haifa, as well as the Israel Film Archive. The Tel Aviv Cinematheque is also featuring a women’s … Continue reading

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Jerusalem marathon’s Bar Mitzvah

The 13th edition of the race featured a record 40,000 participants, including 15,000 IDF soldiers and 1,800 international runners from more than 70 countries. Many runners participated in full IDF uniform, or with Israel flags, and shirts supporting the hostages. … Continue reading

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Other Israeli medalists

Elizabeth Tkachenko and Alexei Kiliakov won silver in the ice dance at the World Junior Figure Skating Championships in Taipei. Judoka Baruch Shmailov won silver at the Tashkent Grand Slam event. And 2nd-placed go-karter Yam Pinto held up a poster … Continue reading

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Gymnastic successes

At the Gymnastic International 2024 in Germany, Israel’s Daniella Munits won the gold medal in hoop and bronze with ball. In the juniors’ competition, Israel’s Alona Tal Franco won gold in hoop and clubs, while Meital Sumkin won gold in … Continue reading

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Things are looking better

OurCrowd’s Jon Medved discusses Israel’s economy on “Wall Street Week” daily. It helps that many of Israel’s hi-tech workers have returned from the IDF. Israel is good value for investors.  Meanwhile, Israel’s annual inflation rate fell to 2.6% from 3% … Continue reading

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Nvidia’s success in Israel

US tech giant Nvidia has 3,300 employees in Israel – 13% of its global workforce. In 2019 Nvidia acquired Israel’s Mellanox, now with annual sales of $13 billion, plus Israel-1, the world’s strongest supercomputer. Some 1,000 Israeli AI tech companies … Continue reading

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Startup investment – to 10/3/24

Axonius raised $200 million; Claroty raised $100 million; Sweet Security raised $33 million; Healthee raised $33 million; Vessi Medical raised $16.5 million; FreezeM raised $14.2 million; Utila raised $11.5 million;

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Exits, takeovers and mergers – to 10/3/24

Israel’s Deel is acquiring Africa’s PaySpace for around $100 million. US giant CrowdStrike, which already has acquired several Israeli startups has just acquired Israel’s Flow Security for around $200 million. Israeli phage therapy company BiomX is to merge with US-based … Continue reading

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Retirement? Maybe not now

Investment advisor Doug Goldstein reports that since Oct 7, Israeli Anglos may wish to re-assess their retirement strategy.  Like younger Israelis, many have been invigorated and have no intention to put their feet up. Volunteering, charity, supporting family, travelling; it’s … Continue reading

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