The startup Belong is a paid concierge service to help new Israeli immigrants assimilate. It acts as a private social service, supplementing the free services of the Jewish Agency and Nefesh b’Nefesh. Belong also plans to carry out an active … Continue reading →

Cyera raised $300 million (new Unicorn); Guesty raised $130 million; Velox-digital raised $38 million; PVML raised $8 million;

Israel’s SolarEdge has acquired Israel’s Wevo Energy. Israel’s Nayax (global payments) has taken over Israel’s Roseman (fuel station & EV management systems). Israel’s Hub Cyber Security has acquired Israel’s Qpoint Technologies (IT solutions).

The total value of the exits of only 24 Israeli cyber companies in 2023 reached $7.1 billion – compared to $2.45 billion from 35 companies in 2022. There are 522 active cyber companies in Israel. https://www.calcalistech.com/ctechnews/article/bjjzbryl0

These are just a few of several other free, “for profit”, or sponsored services to help new Olim.  Check their fees with them and / or their commission arrangements. https://aliyahadvisors.com/ (UK – previously promoted here) https://aliyup.co.il/ https://easylandingil.com/ https://www.unlimitedvips.com/concierge/?lang=en https://www.olimadvisors.com/ https://www.youtube.com/watch?v=nYinhpQ2dFc

In the last two weeks, Israel’s Gilat Satellite Networks has won eight orders for its technology worth nearly $50 million.  They include from the US Department of Defense, the US Army, and an order for a public WiFi service that … Continue reading →

Israel’s SolarEdge has acquired Israel’s Wevo Energy. Wevo manages and optimizes EV charging sites with large quantities of EV chargers such as apartment buildings, workplace car parks and public charging locations across North America, Europe and the Middle East. https://wevo.energy/media/solaredge-acquires-wevo/

Montreal-based Air Canada is restarting flights to Tel Aviv. It initially will have four nonstop return flights a week from Toronto, and then in May, replace one with a nonstop return flight from Montreal. Ryanair resumes flights to Israel on … Continue reading →

Last year, Azerbaijan made history by becoming the first Shi’ite Muslim country to open an embassy in Israel. Azerbaijan Airlines operates 9 weekly direct flights from Baku to Tel Aviv. Azerbaijan was one of 12 countries represented at the Tel … Continue reading →

Two finance industry leaders are positive about Israel’s hi-tech prospects. Firstly, from Dell Technologies Capital, and secondly from lool Ventures. https://www.calcalistech.com/ctechnews/article/sygtwyelc https://www.calcalistech.com/ctechnews/article/bkny4ncy0