Author Archives: MichaelOrdman

Most liked books

Israel’s Ministry of Education listed the 12 most favorite books favored by Israeli students in honor of Hebrew Book Week. They included translations of Guide to Superheros 2 by Wagens Elias Wolund and J.K. Rowling’s Harry Potter and the Sorcerer’s … Continue reading

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Bocelli serenades Tel Aviv, and more

World renowned tenor Andrea Bocelli performed to over 20,000 people at Bloomfield Stadium, including some famous dignitaries. He performed duets with two of his children, plus top Israeli pop singer Shiri Maimon. After the concert he visited the Western Wall … Continue reading

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Billions to invest

Israeli financial companies have raised huge funds to invest mostly in Israeli startups. They include Titan Capital Partners ($100 million), US-Israel’s Greenfield Partners ($200 million), Israel Secondary Fund ($312 million) and Viola Credit ($700 million). More details of their plans … Continue reading

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3D-printing parts for Toyota racing

Israel’s Stratasys (see here previously) has been named an official partner of Toyota Racing Development (TRD). End-use parts printed using Stratasys additive manufacturing technology will be used for production vehicles in the upcoming Toyota GR Cup Series. https://www.businesswire.com/news/home/20220601005324/en/

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Investment in Israeli startups to 19/6/22:

Aidoc raised $110 million; DealHub raised $60 million; Jit raised $38.5 million; Tabnine raised $15.5 million; FinOut raised $14 million; Canditech raised $9 million; Odeeo raised $9 million; ReturnGO raised $6.5 million;

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Takeovers & Mergers to 19/6/22

U.S. chip giant Qualcomm is acquiring Israel’s Cellwize for $350 million. Hong-Kong based Animoca Brands has bought control of Israel’s educational games startup  TinyTap for nearly $39 million.

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Electric road for Italy

Israel’s Electreon (see here previously) has been testing a 1km recharging circuit in Brescia, Italy, since Nov 2020. Electreon is now on track to install an electric lane for shuttles and service vehicles at Milan Bergamo Airport. Maserati is also … Continue reading

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Funds for cultivated meat

Israel’s SuperMeat (see here previously) has received a grant from Israel’s Innovation Authority. It will finance a high-throughput screening system for feed ingredients and supplements, plus cell scaffolds for cultivated meat, The project will benefit the entire cultivated meat industry. … Continue reading

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Smart return of online products

Israel’s ReturnGO has developed an exchange-first returns platform for web-based retailers that simultaneously reduces refunds and waste. It offers to turn the returns process from a painful financial problem into a lever of revenue, and to improve the relationship with … Continue reading

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Travel insurance that really looks after you

The insurtech platform of Israel’s Faye (see here previously) for US citizens, includes a smartphone app that sends real-time alerts, 24 x 7 expert help, plus fast, digital claims processing. It will resolve missed connections, cancelled flights, lost passports and … Continue reading

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