Israel’s Foreign Minister Eli Cohen and the UK’s James Cleverly signed “the 2030 Roadmap for Israel-UK Bilateral Relations.” It covers trade, cyber, science and tech, R&D, security, health, and more. It includes around £20 million in joint funds for technology … Continue reading →

Israel’s Flytrex (see here previously) has reported a huge surge in its delivery orders in 2022. It delivered more than 85,000 items across 21,350 orders – seven times the numbers in 2021. Flytrex now delivers to 140,000+ households in the … Continue reading →

Japan’s Softbank has invested another $100 million in Cybereason; Fetcherr raised $12.5 million; Otterize raised $11.5 million; Redefine.dev raised $8.5 million; Rupert raised $8 million; Entrio raised $7.5 million; PxE Holographic Imaging raised $5.4 million; Wilk raised $3.5 million; PoLoPo … Continue reading →

Entain, one of the world’s largest sports betting and gaming groups, is acquiring Israeli sports results application 365Scores for $200 million. Cisco is acquiring Israel’s Lightspin for $200-250 million. BP and Abu Dhabi National Oil have offered $2 billion for … Continue reading →

Michael Fertik, founder of US Fund Heroic Ventures said that his “decision to continue to invest in Israeli startups is not just a matter of principle: there has never been a better economic moment to invest in startups in the … Continue reading →

Israel’s Ravin AI (see here previously) has partnered with Haifa Port to inspect new vehicles entering Israel, pinpoint damage during transport, offloading, and storage and help identify the responsible parties. Ravin’s customers include Avis Budget, Sixt, Mercedes Benz, and Toyota-Lexus. … Continue reading →

KPMG’s Global Quantum Hub announced its partnership with Israeli quantum software company Classiq (see here previously) to bring innovative quantum solutions to clients. They will target financial services, automotive, medical, energy, telecommunications, and logistics. https://www.calcalistech.com/ctechnews/article/bjs4asowh

Israeli entrepreneurs made a big impression at the SXSW (South by Southwest) tech and music festival in Austin, Texas. They included NeuraLight, which beat 1,000 startups to win the Innovation Award for Health and Med Tech. The festival covered technology, … Continue reading →