Israel Active

Israel’s Hailo (see previously) is linking up with the R-Car systems-on-chip from Japan’s Renesas to make high performance Advanced Driver Assistance Systems (ADAS) technology more accessible in all cars. Hailo’s CEO said that its “AI will play a major role in making our roads safer”.

Several companies provide tourists a view of Israel and its landscape outside of hotel rooms. Gag Eden is located on the roof of Jerusalem’s Clal Center. It also has a campsite in Jerusalem’s Peace Forest. Others include Glamping Israel and Glow Camping. Booking.com and Airbnb also provide options.

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There were 68,970 building starts in Israel between April 2021 and March 2022, up from 63,274 in 2021 and the highest figure since 1995. In the year to March 2022, there were 159,900 new homes under construction in Israel - an all-time record.  

Israel’s Rapyd (see previously) has been registered at the Dubai International Centre (DIFC) and is set to become the first Israeli company set to be regulated in the UAE. The Dubai Financial Services Authority has granted an in-principle approval to Rapyd.

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Israel’s Priority Software (see previously) has acquired Israel’s SilverByte for . US telecom giant Comcast is acquiring US-Israeli for around . Levl will become the basis for Comcast’s first R&D center in Israel. Israel’s is acquiring Borderfree from US Pitney Bowes for . US-Italian company Leonardo has with Israel’s in a deal. US Starburst has acquired Israel’s data lake analytics solutions startup for .

Israel’s Sweet Victory (see previously) has produced a children’s version of its chewing gum designed to stop sugary treat cravings. Sweet Victory partnered Swiss flavor manufacturer Givaudan to create a supplement that fits kids’ taste buds.

The interest-free loans from Israel’s SparkIL support worthy, business opportunities that are good for society. The loans are sourced from altruistic lenders in the US who wish to strengthen small businesses from Israel’s socioeconomic periphery who are underserved by the banks.

Samsung Ventures has invested in Israeli AI systems and semiconductor startup NeuReality (see previously). Samsung stated that NeuReality’s technologies “… are critical for the ability to adopt and grow AI solutions.” Israeli crowdfunding platform OurCrowd is also backing NeuReality.