Author Archives: MichaelOrdman

Exits, takeovers and mergers to 14/5/23

Posted on May 14, 2023

Israel’s Tipa has acquired Germany’s compostable packaging company Bio4Pack for $8 million. It promises to further reduce plastic pollution. US giant Qualcomm is acquiring Israeli road safety startup Autotalks for $350-400 million. Hewlett Packard Enterprises acquired Israel’s Axis Security for … Continue reading →

Posted in Economy & Business | Leave a comment

Stop clients from disappearing

Posted on May 14, 2023

The new ad campaign of Israel’s Honeybook (see here previously) humorously shows the difficulty of small businesses in getting paid. 100,000+ independent businesses have booked more than $9 billion worth of business on Honeybook’s platform. https://www.lbbonline.com/news/honeybook-taps-performance-art-to-launch-first-major-us-campaign https://www.youtube.com/watch?v=WE48cVg1ZmM

Posted in Economy & Business | Leave a comment

Vultr launches in Tel Aviv

Posted on May 14, 2023

Florida’s Vultr, the world’s largest privately-held cloud computing company, has opened a cloud data center in Tel Aviv. It called the city “a hot spot for tech companies thanks to its highly-skilled workforce, innovation-friendly policies, and extensive access to funding.” … Continue reading →

Posted in Economy & Business | Leave a comment

Redefining meat at the supermarket

Posted on May 14, 2023

Israel’s Redefine Meat (see here previously) launched its alternative meat products in 300 Shufersal branches across Israel. The range includes shredded meat in pulled-beef style, ground meat, merguez sausage, lamb-style kebab, and a premium burger. All with no animal components. … Continue reading →

Posted in Economy & Business | Leave a comment

Carrefour opens 50 stores

Posted on May 14, 2023

Fifty branches of Yeinot Bitan, Mega, and Super around Israel have been converted to Carrefour stores at a cost of NIS 250 million and opened to the public this week.  They include 3 Carrefour Hypers – each between 2,500-4,000 square … Continue reading →

Posted in Economy & Business | Leave a comment

GoForIsrael

Posted on May 14, 2023

The 30th annual GoForIsrael international investment conference on May 3 at the Tel Aviv Hilton included a record 60 presenting startups and a record 1,100 registrants. 40% of them from overseas and 40% of them investors. It highlighted that Israeli … Continue reading →

Posted in Economy & Business | Leave a comment

The economy is strong

Posted on May 14, 2023

The International Monetary Fund issued its summary report on Israel for 2022. Bank of Israel Governor Prof. Amir Yaron said, “The report points to the strong economic fundamentals of the Israeli economy”. https://www.israelnationalnews.com/news/371226

Posted in Economy & Business | Leave a comment

Better development of AI vision apps

Posted on May 14, 2023

Israel’s Deci (see here previously) has developed YOLO-NAS – a deep learning computer vision model to detect objects in real time much faster than other models. YOLO (You Only Look Once) technology allows driverless cars to distinguish between people and … Continue reading →

Posted in Science & Technology | Leave a comment

Green vertical walls save energy

Posted on May 14, 2023

Hebrew University scientists have found that “Vertical green-living walls” (VGWs) – plants growing vertically on a wall – can save up to 20% of the energy used for air circulation in closed offices and spaces. They reduce carbon dioxide levels … Continue reading →

Posted in Science & Technology | Leave a comment

Mushroom diet saves overweight pig

Posted on May 14, 2023

Israel’s Freedom Farm rescued Yossi as a piglet from a pig farm but the factory farming conditions had made him grossly overweight, needing constant painkillers. Then a new diet of Cordyceps mushrooms from Israel’s Mycospring gave Yossi a new lease … Continue reading →

Posted in Science & Technology | Leave a comment