Airbus modifies planes for Taxibot
Airbus has received approval for cockpit modifications on the A320 family of aircraft to enable the use of Israel’s pilot-controlled hybrid-electric TaxiBot (see previously). Taxibot pulls planes between the terminal and take-off area, saving vast amounts of aviation fuel.
A fund for startup employees
Israeli venture capital firm Cyberstarts (see previously) has created a $300 million fund to help startups retain top talent. It allows startup employees to sell some of their shares, so they can cash in on initial high valuations while staying focused on working to generate even greater future profits.
$120 million for post-war startups
Israeli venture capital fund New Era Capital (see previously) has completed a $120 million fundraise. This is the firm’s third fund, following its $140 million fund raised in 2020, which is now nearly fully invested.
Tech pact with India
Israel and India have signed a landmark Investment Protection Agreement (IPA) aimed at strengthening bilateral trade and promoting long-term cooperation across key sectors. The IPA includes legal protections for investors e.g. in the $10 billion Adani–Tower Semiconductor plant being built in Maharashtra.
Exports reach $150 billion
Israel’s exporters shipped almost $150 billion worth of goods and services in 2024 – a dip of only 1% on the previous year despite falling rockets and reservists called up. Technology services, rose 3% last year and another 10% in the first quarter of 2025,
$9.3 billion raised
Despite the ongoing war, investments in Israeli startups has hit three-year high - $9.3 billion for the first half of 2025. There were 365 funding rounds in the first six months of the year, up 54 percent from the $6 billion secured during the second half of 2024.
El Al to increase US routes
El Al has announced it will be enhancing and adding new routes to the USA this winter. There will be 27 weekly flights to and from New York, six weekly flights to and from Florida, six weekly flights to and from Los Angeles and three flights per week to and from Boston.
Startup investment – to 27th July 25
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Exits, takeovers, and mergers to 27th July 25
AT&T bought a stake in Israel’s .
Israel’s acquired Israel’s for in Feb 2024.
US WeSure is merging with Israel’s .
New Israeli factory to produce eVTOLs
Israel’s Air EV (see previously) has unveiled its new 32,000 sq ft production facility to accelerate eVTOL deliveries. The new 32,000 sq. ft. site can manufacture up to six electric vertical take-off and landing vehicles (eVTOLs) simultaneously.