Monthly Archives: March 2025

Gal Gadot gets her star

Nearly two years after it was announced (see here previously) Israeli actress Gal Gadot was honored with the 2,804th star on the Hollywood Walk of Fame. The unveiling (see 34th minute of the video) was enhanced 3 minutes later when … Continue reading

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The wheels are turning

The bicycle path connecting Herzliya and Tel Aviv has opened. The 14 km-long path runs along the Coastal Highway and passes near key locations. Mayor Fisher said, “it is possible to travel from Herzliya to Tel Aviv in just 20 … Continue reading

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Modi’in – a new tourist destination?

The city of Modi’in, between Jerusalem and Tel Aviv, has opened its first hotel – the 85-room Jacob. “The Chanukah city” is where the Maccabees lived and are buried. It is also Israel’s only “learning city” and is regarded as … Continue reading

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Deficit reduced again

Israel’s fiscal deficit narrowed in the twelve months to the end of Feb 2025, for the fifth consecutive month, to 5.3% of GDP, or NIS 107.9 billion. Tax revenues rose from record Israeli bank profits. Foreign exchange reserves rose over … Continue reading

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The biggest exit in Israeli history

Google’s parent company, Alphabet Inc. is to acquire Israeli-founded cybersecurity startup Wiz for at least $32 billion. It marks the largest acquisition in the tech giant’s history and over twice the previous record Israel exit (Mobileye by Intel for $15.3 … Continue reading

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Yeeha!

Israel’s BeeFree Agro (see here previously) delivered its first fleet of “autonomous flying cowboys” in January to a paying customer in Brazil, where it currently manages around 3 million cattle. It is also in trials or negotiations with with three … Continue reading

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Startup investment – to 23rd Mar 25

Rapyd raised $500 million;. Vega Security raised $65 million; Kela Technologies raised $39 million;

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Exits, takeovers & mergers – to 23rd Mar 25

Google’s parent Alphabet acquired Israel’s Wiz for $32 billion. Insurance giant Munich Re (subsidiary ERGO) is acquiring Israeli-founded startup Next Insurance for $2.6 billion in cash. US AI specialist Tray.ai has acquired Israel’s Vanti.ai (Vanti Analytics) for tens of millions … Continue reading

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Green hydrogen for Latvia

Israel’s H2Pro (see here previously) has signed an agreement with Latvenergo, Latvia’s national electricity company, to test the integration of H2Pro’s decoupled electrolysis technology for green hydrogen production with Latvia’s renewable energy sources. https://www.prnewswire.com/news-releases/latvenergo-and-h2pro-sign-mou-to-advance-green-hydrogen-commercialization-in-latvia-302398573.html

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Maritime tech hub

The port of Ashdod has launched a technology hub to find supply-chain solutions. It has already invested $3 million in Makalu Optics, Treedis, FLYZ Robotics, Spinframe, and Salvador Technologies. https://www.israel21c.org/ashdod-port-launches-tech-hub-to-find-supply-chain-solutions/

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