Promoting business with Bahrain
Yariv Becher of StartUpNationHQ describes a recent meeting between Israeli startups and the Bahraini Embassy to discuss business opportunities in the key areas of fintech, manufacturing, travel & tourism, logistics, ICT, and healthcare.
Growing Israel’s digital health sector
AstraZeneca, Accenture, Amazon Web Services, and Israeli health organization Clalit have together launched a new startup program called BeyondBio SCALE. It aims to help Israeli startups develop and implement healthcare solutions globally.
3D-Printed Seafood for Singapore
Israel’s MeaTech 3D (see previously) has partnered Singapore’s Umami Meats to develop 3D-printed cultured structured seafood. Meatech believes it will lead to new markets throughout Asia and worldwide while solving the challenge of diminishing ocean food sources.
New e-Passport system for Andorra
Israel’s Pangea-IT (see previously) has won the Andorran government’s international tender to design the country's new passport system and deliver a complete system for issuing e-Passports for the residents of the European country.
Exits, takeovers & mergers
Israel’s is acquiring Israel’s (formerly Vidstart) for .
Investment in Israeli startups to 7/8/22
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The first Israeli-Saudi deal
Israeli-founded SolarEdge has signed an agreement with Saudi Arabia’s Ajlan & Bros Holding Group Abilitii. The two companies are to “explore investment in renewable energy,” according to the Saudi ministry. SolarEdge’s $14.7 billion market cap makes it one of Israel’s most valuable companies.
Apple’s 3rd Israeli R&D center
Apple is expanding its Israel operations, with a new development center in Jerusalem. The U.S. technology giant already has 2,000 employees in Herzliya and Haifa. Its new site will reportedly focus on hardware and Mac chip development. Apple’s M1 chip was mostly developed in Israel.
Investment in Israeli startups to 31/7/22
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Exits, takeovers & mergers to 31/7/22
Israel’s is merging with US HUMAN Security for a combined value of .
Israel’s has bought Israeli-founded from Singapore Telecom for .
Saudi Arabia’s Mithaq Capital now has of the shares of Israel’s Technologies.