Takeovers and exits
Intel is acquiring Israel’s (TowerJazz) for ;
Nintex of the US is acquiring Israel’s for ;
Israel’s acquired Israel’s for ;
Check out your ideas
ESRA (English Speaking Residents Association) is hosting Revital Rauchwerger, Head of the Gvahim Entrepreneurship Center. She will be giving a Zoom lecture on Mon 21st Feb entitled “How to Validate Your Business Idea in Israel”. It is part of their joint “Get it Right in Israel” program.
Stock lending for all
Maybe not for all, but those with more than £0.5 million in shares, bonds and ETFs may wish to take advantage of the services of Israel’s Sharegain. It says it offers the private individual the ability to emulate large financial companies and lend out their holdings. (Warning – take financial advice first.)
UK Trade Secretary seeks even stronger partnership
Secretary of State for International Trade, Rt. Hon. Anne-Marie Trevelyan MP, made her first visit to Israel. She enjoyed the “huge opportunity” to deepen ties with a fellow democracy and tech superpower, to boost trade and strengthen cooperation in science and tech.
EU to fund Israel, Cyprus, Greece power cable link
Cyprus’ Energy Minister has announced that the European Union has earmarked 657 million euros ($736 million) for the construction of a 2,000MW undersea electricity cable that will link the power grids of Israel, Cyprus and Greece (see previously).
How did Israeli tech do so well in a pandemic?
Interesting article – in summary, Israelis were not afraid to launch or expand technological solutions when most of the world was sheltering from a crisis.
Merck to test new treatments using Israeli chips
Global giant Merck has signed an agreement worth many millions of dollars with Israel’s Quris (see previously). Merck will be able to use the Quris “human on a chip” platform to test its new medicines and identify those that are safe to use.
Investment in Israeli startups to 13/2/21
raised ;
raised ;
raised ;
Sidelines raised ;
raised ;
raised ;
raised ;
raised ;
Takeovers and exits
Israel’s Innovid has acquired UK competitor TVSquared for $160 million. Meanwhile, Israel’s Testim was acquired by Austria’s Tricentis for $200 million.
Business intelligence for non-profits
Israel’s Impala has developed an Impact Intelligence product for locating non-profits. Similar to LinkedIn, users can analyze any non-profit ecosystem anywhere in the U.S by searching for specific traits such as geographies, causes, funders etc.