An Israeli desalination plant on the Caspian Sea

The 'Azerbaijan Investment Company' has signed a memorandum of understanding with Israel’s 'I.D.E. Water Assets Ltd' (IDE Technologies - see previously) to establish a plant for desalinating Caspian Sea water in Azerbaijan.

Investment in Israeli startups to 23/10/22

raised ; raised ; raised ; raises an extra ; raised ; raised ; raised ; raised ; raised ;

Exits, takeovers and mergers to 23/10/22

Israeli semiconductor startup was acquired by UK’s Alphawave IP for . Israeli-owned was acquired by Lego’s holding company KIRKBI A/S for .

From camel rancher to hi-tech developer

Here is one example of an Israeli embarking on a completely new career. Shlomo is a full-stack developer for the fintech firm Capitolis. But just five years ago, he was a camel rancher with little-to-no technical experience.

Cost of living moves Israelis into hi-tech

Israelis are finally getting the message that they do not need to slave away at low-paid, dead-end jobs when there are thousands of well-paid hi-tech jobs available. A survey by Practicum Israel showed over 60 per cent of respondents moving into the hi-tech sector due to high living costs.

Dutch government selects Israeli travel platform

The government of the Netherlands has selected Israel’s Atriis as their global managed travel technology platform for the next eight years. The Dutch government will use the Atriis platform to book business travel for more than 12,000 travelers worldwide.

Seaweed to Canada and Italy

Israel’s Seakura (see previously) has launched its seaweed-based products in nine Canadian supermarket chains. They include organic seaweed falafel mix and various seaweed pastas with lentils, corn, or quinoa. Seakura also supplies Italian frozen food manufacturer Rispo with fresh seaweed.

Polly goes to Finland

Israel’s Arugga AI Farming (see previously) has won its first European contract. Agrifutura Oy, the Finnish producer of tomato brand Nams, will deploy Arugga’s robot tomato pollinator on its 4.6 hectares of greenhouse tomatoes. Arugga’s “Polly” pollinator is already in use in the USA and Australia.

Electric partnership for Nigeria and Ghana

Israel’s SixAI (see previously) is partnering Japan’s Musashi Seimitsu to produce and lease millions of battery-powered motorcycles and auto-rickshaws in Nigeria and Ghana. The cheap, environmentally friendly vehicles will then be rolled out to the rest of Africa.

Israeli electric motors for Japan

Israel’s EVR Motors (see previously) has partnered with Tsukasa Electric to bring EVR’s breakthrough electric motor to Japan. The motor is suitable for electric vehicles, construction equipment, agricultural machinery, industrial robots, small boats, and much more.