Israeli venture capital fund Firstime is launching a new non-bank credit operation for high-tech companies. Firstime Credit uses a project financing model more common in large infrastructure projects such as solar installations or power plants. It offers a funding alternative … Continue reading →

Israel’s Carrar (see here previously) won a $4.6M grant from the Israel Innovation Authority. Carrar is raising more funds and doubling its workforce to create its first plant near Sderot to produce EV battery packs. https://www.timesofisrael.com/israels-carrar-to-raise-18m-for-ev-battery-production-line-around-sderot-frontline/

Quantum Machines raised $170 million; Vayu raised $7 million.

Israel’s Foretellix (see here previously) has partnered US-based MathWorks to help Japan’s Mazda Car Corporation develop the next generation of its Autonomous Vehicles. Mazda uses the integrated solution to test & validate its autonomous systems in a virtual environment. https://www.prnewswire.co.uk/news-releases/foretellix-and-mathworks-partner-on-innovative-toolchain-to-accelerate-mazdas-next-generation-av-development-302368932.html

At the 2025 National Economics Conference in Eilat, PMO Director-General Yossi Sheli emphasized the importance of solving housing issues for foreign workers. He proposed an to establish a residential city near Modi’in that could accommodate approximately 30,000 workers. https://www.jpost.com/business-and-innovation/real-estate/article-840929

This article contains the “rags to riches” story of Israeli online retailer KSP, now valued at £650 million. https://www.calcalistech.com/ctechnews/article/qd4l1vwpg https://ksp.co.il/web/