Monthly Archives: August 2024

Seven Olympic medals

Israelis won a record seven Olympic medals. They were Tom Reuveny (windsurfing gold), Sharon Kantor (windsurfing silver), Raz Herhsko (Judo silver), Artem Dolgopyat (gymnastics), Inbar Lanir (silver judo); Peter Paltchik (bronze judo), Rhythmic gymnastics team (silver). https://worldisraelnews.com/israel-nets-1-gold-and-3-silver-medals-at-paris-olympics/ https://www.jpost.com/israel-news/sports/article-812978 https://worldisraelnews.com/israel-captures-7th-olympic-medal-as-rhythmic-gymnastics-team-wins-silver/

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Olympic soccer team

For the first time since 1976, the Israel Under-23 Olympic Soccer Team competed at the Paris Olympic Games, marking a historic return. The team featured a dynamic mix of young talent and experienced players, including some of Israel’s top football … Continue reading

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Golden archers

Israeli archers Roy Dror and Shamai Yamrom won gold at the Archery European Youth Championships in Ploiesti, Romania.  Dror, Niv Frenkel and Ori Berlad won bronze in the team event. https://x.com/AIJAC_Update/status/1813065706667450732 https://www.ianseo.net/TourData/2024/18685/MEDLST.pdf https://www.ianseo.net/TourData/2024/18685/IFCU21M.php

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Tel Aviv welcomes NBA all-star

Three-time NBA All-Defensive Team member Patrick Beverley has signed a two-year deal with Hapoel Tel Aviv. His previous clubs include the Philadelphia 76ers, Milwaukee Bucks, Los Angeles Lakers, Los Angeles Clippers, Chicago Bulls, Houston Rockets, and Minnesota Timberwolves. https://unitedwithisrael.org/longtime-nba-player-signs-two-year-deal-with-israeli-league/

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El Al’s Israel Spirit Team

Israeli airline El Al has formed the Spirit Team – Israel’s cheerleading squad – to encourage Israeli athletes at the Olympic Games and the Paralympics in Paris. It is flying selected injured IDF veterans, volunteer workers, and fans, as guests … Continue reading

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36% of Israel’s income tax is from hi-tech

Proving how crucial Israel’s hi-tech sector is to Israel’s economy, new data from the Innovation Authority reports that in 2021, high-tech workers and companies contributed 36% of the nation’s income tax revenue. Recent years are certain to show even higher … Continue reading

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No record takeover, but…

Israel’s Wiz may have rejected a $23 million takeover offer from Google, but it said “that will do nicely” to a multi-million dollar investment from Japan’s SoftBank. Wiz recently recruited dozens of employees in Japan, Singapore, Australia, and New Zealand, … Continue reading

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Startup investment – to 18/8/24

Magenta Medical raised $105 million; Placer.ai raised $75 million; Chaos Labs raised $55 million; Dazz raised $50 million; Scopio Labs raised $42 million; Addionics raised $39 million; PayZen raised $32 million; Faye raised $31 million; Linx raised $27 million; Waltz … Continue reading

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Exits, takeovers & mergers – to 4/8/24

Israel’s Outbrain acquired US-based Teads for $1 billion. Israel’s Payoneer acquired Singapore-based Skuad for a minimum of $61 million. Israel’s Fiverr has acquired Israel’s AutoDS. Israeli-American founded company Deel is acquiring the British start-up Hofy for an estimated $100 million. … Continue reading

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$6.55 million in Bird grants

The BIRD Foundation has approved $6.55 million in funding for six new projects between Israeli and American companies. The Israeli startups are Amarel Embedded Solutions, CyberRidge, Datos Health, Groundwork BioAg, Quai.MD, and Quantum Art. https://www.calcalistech.com/ctechnews/article/bkxdm64tc https://www.cyber-ridge.com/ https://www.datos-health.com/ https://www.aes-connect.com/ https://www.quantum-art.tech/

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