Israel Active

Israel’s EVR Motors has signed its 4th commercial agreement in India. It is now partnering RSB Group to develop electric motors for light commercial vehicles using its breakthrough Trapezoidal Stator RFPM topology. Previous agreements with Badve (see ), Napino, and EKA Mobility.

Israel’s global freight booking and payment platform Freightos has begun trading on Nasdaq after a $500 million IPO. Freightos raised over $80 million in capital through the listing, including $10 million from Qatar Airways.

Japanese IT service giant NTT has selected Israel’s C2A Security (see previously) as the first project of its new Global Automotive Security Test Center. The center will test connected cars to secure and protect their systems from cyber-attacks for NTT’s global clients.

raised (IPO); raised ; raised ; raised ; raised ; raised ; raised ; raised ; raised .

US giant Dell acquired Israel’s cloud orchestration solutions startup for up to ; Israel’s acquired Israeli-founded proprietary audience management platform for ; Canada’s Plusgrade Israel’s and Israeli R&D center.

When global management consultancy McKinsey acquired Israel’s Iguazio last month (see previously) they had examined more than 1,000 AI companies worldwide. Iguazio (McKinsey’s first Israeli acquisition) was identified as the best fit to help McKinsey significantly accelerate its AI offering.

Israel’s Elron Ventures has unveiled CyberFuture - a cybersecurity alliance of global Chief Information Security Officers (CISOs) and entrepreneurs. It aims to support new cybersecurity startups, plus earn investment income for the security professionals (including several Israelis) involved.

Israel’s Simpliigood (see previously) has partnered Israeli agri-tech multinational Haifa Group (see previously). Together they will optimize Simpliigood’s spirulina algae production, use Haifa Group’s waste CO2 for spirulina photosynthesis and develop new foods.

Amazon Web Services (AWS) recommends farmers use Israel’s CropX (see previously) to supply food to the world’s population. CropX systems use AWS Cloud computing. Meanwhile, CropX has acquired US-based precision irrigation startup Tule, its 4th acquisition.

Israel’s internet is the world’s best value for money. So states the latest Global Internet Value index released by privacy protection toolset provider Surfshark (see previously). The index ranks 117 countries based on speed-to-affordability ratios of fixed broadband and mobile internet.