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Monthly Archives: November 2024
Two-star chef again
Israeli chef (and former IDF officer) Gilad Peled has just received a second Michelin star for his Colonnade restaurant at Switzerland’s Mandarin Oriental hotel. Gilad previously ran Gordon Ramsay’s Le Pressoir d’Argent restaurant in Bordeaux, where he also won two … Continue reading
European wheelchair dance champion
Israeli wheelchair dancer Tomer Margalit and her partner Orel Chalaf won the Combi Freestyle Class 1 event at the Para Dance Sport European Championship in Prague. They danced to Israel’s Eurovision song ‘Hurricane’ and dedicated their routine for the return … Continue reading
Handshake didn’t help
When Ireland played Israel in the FIBA Women’s EuroBasket qualifiers in Riga in February (see here) the Irish players refused to shake hands with the Israelis who won 87-57. When the teams met again in Riga in November, the Irish … Continue reading
Cow-free milk for Israel
Israel’s Imagindairy (see here previously) like Israel’s Remilk before it (see here) has received Health Ministry approval to sell its cow-free milk in Israel. Its animal-free whey protein can now safely be used to produce dairy-free cream cheese, ice cream, … Continue reading
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Six flights a week to Luton
Israel’s Israir has begun a six flights a week service between Tel Aviv and London Luton. Israir’s sales VP said, “allowing Israeli business travellers and vacationers to fly this highly sought-after route at a fair price.” It may also help … Continue reading
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Startup investment – to 1/12/24
Eon.io raised $70 million; Pyramid Analytics (already a Unicorn) raised $50 million from BlackRock; Appcharge raised $26 million (plus $5 million seed); Decart raised $25 million; Capitolis raised $20 million; Polyrizon raised $4.2 million (IPO);
Posted in Economy & Business
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Exits, mergers & acquisitions – to 1/12/24
Israel’s Quris-AI acquired the assets of US Nortis (Numa Biosciences) to integrate its kidney-on-a-chip technology.
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Vegan salmon in luxury hotel
Four Seasons, one of the world’s best-known luxury hotel chains, will offer vegan salmon from Israel’s Oshi (formerly Plantish – see here) at its San Francisco hotel. Oshi’s salmon is already available in up-market restaurants in NYC, New Hope, Boca … Continue reading
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IAI goes from strength to strength
Israel Aerospace Industries (IAI) has reported its best ever results. Net income for the first nine months of 2024 was up 74% at $431 million on sales of $4.39 billion. https://tps.co.il/articles/israel-aerospace-industries-reports-most-profitable-year-in-its-history/
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Hi-tech flights to NYC
Israeli high-tech’s airline, TechAir, intends to begin operation in Jan 2025 of a new service between Tel Aviv Ben Gurion and New York JFK airports, commencing in March 2025. TechAir will use one plane, leased from a 3rd party, including … Continue reading
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