Israel Active

Israeli non-profit Venatata has won Toyota’s NIS 1 million Israel Earth Prize. The prize money will be allocated towards Venatata's 100 Gardens Project, which aims to establish 100 therapeutic gardens in medical and social rehabilitation centers across Israel.

Vesey Ventures, based in the US and Israel, has launched a $78 million fund investing in early stage fintech companies. Vesey was founded by three former female Managing Directors at AMEX Ventures, focusing on Israel as a critical market for enterprise software, cybersecurity and data and AI.

US-based Akamai Technologies is Israel’s for “several dozen millions of dollars”.

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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 and innovation projects.

Israel’s Flytrex (see 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 United States.

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Entain, one of the world's largest sports betting and gaming groups, is acquiring Israeli sports results application for . Cisco is acquiring Israel’s for . BP and Abu Dhabi National Oil have offered for 50% of Israel’s .

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 Jewish State.”

Israel’s Ravin AI (see 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.