Israel Active

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.

US based Vine Ventures has opened a new office in Tel Aviv’s Sarona Market and said it will invest half of its new $140 million fund in Israeli startups. Meanwhile, the unrelated Sarona Ventures has launched a new $20 million fund focused on early-stage Israeli startups.

Israel’s Ministry of Energy and the Israel Innovation Authority have awarded a total of NIS 3.3 million to three Israeli startups. They are (compressed air energy storage), ZOOZ Power (previously – EV charging), and Seosol (drone scans to check solar panels).

For the first time in about a decade, an Egyptian delegation of 12 textiles and clothing industrialists and businesspeople met senior officials and business leaders in Israel. Meanwhile Israeli Interior Minister Ayelet Shaked flew to Morocco to invite Arab nurses to Israel.

Israeli financial companies have raised huge funds to invest mostly in Israeli startups. They include Titan Capital Partners ($100 million), US-Israel’s Greenfield Partners ($200 million), Israel Secondary Fund ($312 million) and Viola Credit ($700 million). More details of their plans in the following links.

Israel’s Stratasys (see previously) has been named an official partner of Toyota Racing Development (TRD). End-use parts printed using Stratasys additive manufacturing technology will be used for production vehicles in the upcoming Toyota GR Cup Series.

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