Israel Active

Israel’s new Gulf Port of Haifa is to begin operations on Sep 1st. Built entirely offshore by Israeli companies Shapir Engineering and Ashtrom, it will handle ships 400 meters long and 62 meters wide that carry 18,000+ containers. Another new Israeli port at Ashdod is set to be completed by end 2021.

Israel’s Fireblocks (see previously) has developed a platform based on blockchain technology for customers to manage their digital assets in a secure wallet. Fireblocks has just raised $310 million to give it a market value of $2 billion and the financial status of a “Unicorn”.

Israel’s Oktopost is a fully integrated platform that helps companies use social media to generate leads, acquire customers, and boost revenue from marketing campaigns. Customers include Panasonic, ACI, NICE, Fujitsu and Sisense.

Israel’s Propel has developed PR software that helps improve the workflow and results of agency and in-house PR professionals. It allows monitoring and analysis of campaigns and is compatible with both Gmail and Outlook. Focusing on the US and UK, its 100+ customers include Google and The Daily Mail.

Israel’s YOOBIC is designed to improve productivity and motivation of a company’s front-line (deskless) workers. Its platform is available in 25 languages and used by 200+ companies in 80 countries including Boots, Lancôme, Lacoste, Logitech, Puma and Sanofi.

This new video gives some home truths to the BDS movement.

Israel’s At-Bay (see previously) uses machine learning and other tech to assess the cybersecurity risk of firms seeking insurance against cyber-attacks. At-Bay has just raised $185 million of funds, giving it a $1.3 billion valuation and the financial status of a “Unicorn”.

Israel’s Wiliot (see above) didn’t reveal the value of the company following its latest $200 million funding, but it was estimated at around $1 billion, making it another Israeli “Unicorn”.

Israel’s iAngels Ventures (see previously) has raised $55.5 million for its first institutional fund for Israeli hi-tech investment. The fund is anchored by $25 million from the European Investment Fund under Horizon 2020, the EU Framework Program for Research and Innovation.

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