Israel Active

Israel’s SuperCom (see previously) has just won another European contract, this time with Croatia. The Ministry of Justice and Administration of Croatia will deploy SuperCom's PureSecurity Electronic Monitoring (EM) Suite to track offenders outside of the prison system.

Israel’s Qumra Capital is launching a second cohort in its mentorship program to help guide new startup CEOs. During the six-month program, 10 participants will receive first-hand insight and tools to help them set and achieve growth goals and milestones.

Israel’s Glilot Capital Partners (see previously) has raised $220 million for its fourth Seed fund. It is double the size of its previous fund and will invest in Israeli startups in the areas of cybersecurity, enterprise software and developer tools. Meanwhile, Israel’s Vertex VC has raised $400 million.

Israel’s Autotalks (see previously) has received three large orders for its V2X (Vehicle-to-Everything) communications solutions. It will provide its V2X chipsets to three top auto manufacturers in Europe, Japan, and China. It doubles Autotalks orders pipeline to $200 million.

Israel’s Ministry of Housing and Construction and the Israel Land Authority are listing 30,000 dwellings at 20% discount to market value. The first 10,028 units will be sold by lottery in 31 cities including Acre, Dimona, Ofakim, Be’er Ya’akov, Eilat, Ashdod, Haifa, Jerusalem, and Rishon Lezion.

Israel’s AIR (see previously) has just partnered with Australian electric aircraft distributor, FlyOnE, to supply 25 AIR ONE eVTOL vehicles, worth $150,000 each, in 2025. FlyOnE will serve as AIR’s local distribution, service, and maintenance partner.

A team from Jerusalem Venture Partners (JVP), led by Executive Chairman Erel Margalit, completed a 4-day visit to Bahrain as guests of the Bahrain Economic Development Board. They met Bahrain’s top business leaders to promote a new economic chapter in Bahrain-Israel relations.

Royal Air Maroc (RAM) is now operating four direct flights a week between Casablanca and Tel Aviv. The inaugural flight carried a Moroccan business delegation which was very positive about developing economic ties between the two countries (see Youtube video).

US magazine Fast Company’s “most innovative companies” in 2022 include 11 Israelis (see for previous years). They included Liveperson (see ), at 21st in the overall top 50 and an AI top spot. Israeli digital banking platform Lili (see ) was 41st overall and first in the personal finance category.

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