Author Archives: MichaelOrdman

Exits, takeovers, and mergers to 10th Aug 25

Israeli giant SentinelOne has bought Israeli GenAI cyber startup Prompt Security for $250 million. US risk intelligence company Sayari is acquiring Israel’s Mirato for “tens of millions of dollars”. NASDAQ-listed Global-e has acquired Israel’s ReturnGO. Israel’s EverC is to merge … Continue reading

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Wix now worth $7 billion

Shares in Israeli website developer Wix climbed after Q2 profit beat expectations by a wide margin. Wix reported an adjusted profit of $136.2 million, or $2.44 per share, far surpassing analysts’ expectations of $1.76 per share. The company’s market capitalization … Continue reading

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Building businesses in an AI world

Israel’s Tailor Brands (see here previously) has created a new operating system for building businesses in an AI-transformed world. Its new Guidance Engine is a structured, step-by-step approach that helps form a company, stay compliant, design a brand, or grow … Continue reading

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Vegan salmon goes nationwide in US

Israel’s Oshi (See here previously) has secured US national distribution through Sysco, a major distributor in the US foodservice market. The partnership brings Oshi’s whole-cut, plant-based salmon to restaurants, hotels, cafeterias, and institutional kitchens across the US. https://vegconomist.com/gastronomy-food-service/food-service/oshi-plant-based-salmon-secures-national-distribution-through-sysco/

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Retinal screening tech across the US

US giant Ford Medical is to distribute the FDA-cleared AI screening technology for eye exams from Israel’s AEYE Health (see here previously), enabling US pharmacies and non-acute centers to offer an in-house, non-invasive instant diagnostic exam, without the need for … Continue reading

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Upgrading Ben Gurion

A recent $14 million upgrade to Ben Gurion International airport includes advanced security screening, baggage processing and check-in facilities within Terminal 3. Some 1.9 million passengers are anticipated during August. Meanwhile, Terminal 1 re-opens for International destinations. https://www.israelhayom.com/2025/07/13/ben-gurion-airports-14m-makeover/

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Upgrading the South

Israel has approved an additional NIS 3.2 billion to rebuild communities devastated by Hamas on 7 Oct 2023.  It includes NIS 1.4 billion for Ashkelon and NIS 1.8 billion for six regional councils. It will boost education, infrastructure, resilience, culture, … Continue reading

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Historic harvest

Israeli researchers have harvested 20kg of Byzantine-era grape varieties, two years after ancient 1,500-year-old grape seeds were planted at a restored vineyard at Avdat National Park in the Negev Desert. They aim to recreate an renowned ancient wine that was … Continue reading

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Olympiad successes

Thanks to the Maimonides Fund’s Future Scientists Center and its partnership with Israel’s Education Ministry, Israeli students soared into the world top ten of the Olympiads in 2025 for Math and Chemistry. Israel came 6th in Math (4 gold, 1 … Continue reading

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Incubating new tech startups

Israel Innovation Authority is to select up to three new technological incubators for startups developing semiconductors, advanced robotics, and bio-convergence. Incubators will receive up to NIS 40 million over five years. Startups may receive up to NIS 21 million to … Continue reading

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