Israel Active

Israel’s budget deficit for 2021 was just 4.5% of GDP, compared to 11.7% for 2020. The improvement was due to higher tax revenue and lower Covid related expenditure.

Israel’s exports to Ireland increased by a massive 517% in the first nine months of 2021.  The surprising numbers show that all countries need Israeli technology.

The BIRD Foundation is granting $8 million to nine new joint US-Israeli projects. The Israeli companies are Civan Lasers, TempraMed, , Mego Afek, Kav-Medida, , Agridrones, , and SirT6 (Ness Ziona).

The IVC Research Center and the law firm Meitar have published their 2021 Israel Tech Review. It shows Israeli companies raised an “exceptional” $25.6 billion in private investments, shattering 2020’s previous record of $10.3 billion in funding. Q4 was the strongest, with investments totaling $8 billion.

Israel’s Tipa (see previously) works with several global companies like Scotch & Soda, Stella McCartney, Woolworths, and UK’s Waitrose. Now Swiss packaging giant AMCOR will use Tipa to make compostable packaging in Australia and New Zealand.

raised ; raised ; raised ; raised ;

Google has bought Israeli cybersecurity for an estimated .

This article explains what happened to Israeli startups (), , , , , , , , , , , , , , and more. Even some of the failures have happy endings.

Some 48 Israeli and Israeli-founded companies reached unicorn status ($1 billion market value) in 2021. In 2020, the number was only16.  41 of those companies have a CEO and key management in Israel.

JNF-USA is supporting the ‘Halutza’ project (‘halutz’ is Hebrew for pioneer) to expand the Negev towns of Naveh, Bnei Netzarim, and Shlomit. They have established a hi-tech sustainable dairy farm that will grow to 1,500 cows and produce 900 million liters of milk a year.