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Monthly Archives: April 2025
Exits, takeovers, and mergers to 27th Apr 25
Israel’s CloudShare was acquired by US-based Bow River Capital for $60 – 80 million. Israeli cybersecurity Torq acquired stealth Israeli AI startup Revrod for over $20 million; Israel’s Similarweb acquired Switzerland’s 42matters (in 2024).
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Inspecting rental cars
Car rental giant Hertz has partnered with Israeli startup UVeye (see here previously) to deploy AI-powered vehicle inspection systems across major US locations. The move marks one of the largest rollouts of automated inspection technology in the car rental industry … Continue reading
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$54 million in fraud prevented
Israel’s BioCatch (see here previously) protected customers of Alkami Digital Banking Platform (e.g. Gate City Bank) by stopping more than $54 million in fraudulent transactions in 2024. BioCatch’s Account Takeover Protection analyzes digital behaviors in real time to highlight attempted … Continue reading
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British Airways resumes Israel flights
British Airways has resumed flights to Israel, becoming the latest major carrier to renew services suspended due to the Israel-Hamas war. The move came the week before the busy Passover and Easter travel season, when flights to Israel are heavily … Continue reading
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El Al resumes flights to Eilat
After a 12-year break, El Al Airlines is returning to Israel’s southern skies with the relaunch of its domestic route from Ben-Gurion Airport to Ramon Airport near Eilat. Starting next month, El Al will operate two weekly flights between the … Continue reading
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Quebec opens Israel office
Québec has opened its first representative office in the Middle East. Trade between Québec and Israel is valued at $525 million annually. The bureau will also focus on education. Québec is sponsoring an international diplomacy course in French at Netanya … Continue reading
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Resilience & adaptability
The 2024/5 Israel Life Sciences and Health-Tech Industry Report published by the Israel Advanced Technology Industries Association (IATI) and Israel’s Innovation Authority, predicts a rosy future for Israel’s life sciences. 92% registered in Israel; 25% increase in investment. https://innovationisrael.org.il/en/press_release/israel-life-sciences-and-health-tech-industry-report-for-2024-25/
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2025 growth to exceed global average
The Organization for Economic Co-operation and Development (OECD) expects Israel’s economy to rebound this year. Assuming fighting in Gaza and Lebanon will ease, the OECD forecasts that Israel’s economy will grow at a rate of 3.4 percent in 2025 and … Continue reading
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Light-speed processing
Researchers at Israel’s Weizmann Institute have developed a dual-laser technique that manipulates electrons and then tracks the effect in attoseconds (one quintillionth of a second). It opens up the possibility of computer processors capable of operating at light speed. https://israfan.com/p/israeli-laser-light-speed-processors … Continue reading
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Saving the soybean
Israel’s Agmatix (see here previously) has partnered with agriculture solutions giant BASF to develop a digital solution for detecting and predicting the presence of soybean cyst nematode (SCN) – the most devastating pest to soybean crop yields in the U.S. … Continue reading
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