Israel Active

Venture Capital firm Eight Roads plans to invest half a billion dollars in Israel in the coming years.  It already has 10 active investments in Israel including HiBob, AppsFlyer, Fireblocks, Eleos Health, Noogata, and Gloat.

The Michigan Israel Business Accelerator has launched "The Elevator" in Detroit to act as a co-working space, mailing address, or networking hub free of charge for Israelis looking to do business in the U.S. state. Since its founding in 2017, MIBA has made 2,000 Israeli-Michigan connections.

Once considered models of socialism, entrepreneurs have repurposed the Israeli kibbutz into hubs for creative and high-tech industries. This article features Hanita and Yiron (AgroScout).

The European Investment Bank (EIB), the financial arm of the European Union, is to invest €150 million into the NIS 1.5 billion seawater desalination facility planned for Western Galilee.  It is also providing a €500 million credit line through Bank Leumi to encourage green business projects in Israel.

Global tech giant Intel is to establish a new factory in Israel in the city of Kiryat Gat with a huge investment of about 25 billion dollars. Intel is expected to recruit thousands of workers and make a major boost for Israel’s economy.  Intel said Israel was crucial to its global success.

17 Israeli firms participated in the inauguration of the national pavilion at the 2023 Paris Air Show. 150,000 professionals and more than 2,500 companies are participating in this year’s event, showcasing cutting-edge technological solutions in the aerospace, civilian and defense sectors.

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Israel’s is merging with US-based Desktop Metal in a deal valued at around . Stratasys shareholders will hold 59% of the combined company.

Israelimall is a new online platform where small Israeli companies sell their products to the English-speaking community. Customers in the USA and Canada can buy Israeli products, and pay in dollars, with low shipping costs. From unique Judaica, natural cosmetics to new innovative products.

JP Morgan, one of the world's largest banks, is expanding its operations in Israel and entering the commercial banking sector for high-tech companies for the first time. It will focus on helping late-stage high-tech companies raise capital, increase liquidity, and manage payments.