Author Archives: MichaelOrdman

The Rest of the World votes for Israel

Noa Kirel’s ‘Unicorn’ may have finished 3rd in the Eurovision Song Contest, but she received ‘maximum points’ from “The Rest of the World” – an additional nonparticipating “country”. It comprised audiences voting for the first time, including both Armenia and … Continue reading

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Open House

Open House Tel Aviv (May 18-20) offered more than 180 tours, meetings and talks at public buildings, private homes, and public spaces throughout the city. They included the Yitzhak Sadeh Park urban renewal project, Bloomfield Stadium, the French Ambassador’s residence, … Continue reading

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Gas pipeline to Egypt to be expanded

Israel’s cabinet has approved a new 65km pipeline between Ramat Hovav and the border with Egypt that will allow an extra 6 billion cubic meters of natural gas to be exported to Egypt annually. It will increase annual revenues from … Continue reading

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An accelerator for IDF veterans

The IDF’s Mamram technological unit, founded in 1959, has a network of some 12,000 alumni who have founded around a quarter of Israel’s $1 billion Unicorn startups. The Mamram Alumni Association’s Mamram Space accelerator program (now in Batch 6) is … Continue reading

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Investment in Israeli startups to 21/5/23

Sightful raised $33 million; Laguna Health raised $15 million; SWAPP raised $11.5 million; Spinframe raised $8 million; Visual Layer raised $7 million; CryptoHub raised $6 million; Entro Security raised $6 million;

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Exits, takeovers and mergers to 21/5/23

Australia’s Aristocrat has acquired Israeli-founded NeoGames for approximately $1.2 billion. IBM has acquired Israel’s Polar Security for $60 million.

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Look who’s developing quantum computers

Former Prime Minister Naftali Bennett is joining the board of directors of Israel’s Quantum Source (see here previously) which is developing an Israeli quantum computer. Before entering politics Bennett co-founded Cyota ($145 million exit) and was CEO of Soluto ($100 … Continue reading

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Are you drinking enough

Another NoCamels article about Israel’s impacX (see here previously) with its smart bottle, vibrating top, and app that reminds you to drink more water.  impacX has partnered several distributing companies and recently launched the smart bottle in Israel “as a … Continue reading

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Business with US state of Georgia

Brian Kemp, the governor of the US state of Georgia, is making an economic development trip to Israel. Israeli companies employ more than 1,000 Georgians. Georgia exported $280 million and imported $650 million in goods and services to Israel last … Continue reading

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Jerusalem’s new rail stations

Ahead of Jerusalem Day, Israel’s Transportation Ministry published new sketches of two new train stations planned for the center of Jerusalem.  See also here previously. https://www.jpost.com/business-and-innovation/energy-and-infrastructure/article-743140

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