Can we visit Israel?
Although tourist travel to Israel is limited, first-degree relatives of Israeli citizens can visit, and some groups are starting tours in late May. Then from July package tours and vaccinated individual tourists can travel here. Meanwhile, the Tourist Israel website lists the airlines currently flying to Tel Aviv.
Innovation for Mitsubishi
Trendlines Agrifood - the Investment vehicle of Israel’s Trendlines, is partnering Mitsubishi Corporation to help the Japanese giant tap into the Israeli innovation ecosystem across several key industries. Trendlines Agrifood and its partners are developing an innovative agri-food tech ecosystem.
Israel sparkles again
Israel's diamond industry is recovering from the coronavirus pandemic exceptionally well. In the first quarter 2021, rough diamond imports increased by 75% and exports by 66%. Imports and exports of polished diamonds also increased. In March, volumes soared substantially.
New VC club to boost UK – Israel investments
The UK-Israel Tech Hub has launched a Venture Capital “club,” - an invite-only forum of VC funds from the UK and Israel. Its aim is to raise the amount of investment from UK investors into Israeli startups. It will also identify opportunities for Israeli VCs in the UK ecosystem.
Where no Israeli startup has gone before
Jon Medved, CEO of Israel’s OurCrowd, explains that partnering with the Gulf countries “is allowing Israel to penetrate markets we've never dreamed of in Southeast Asia and around the broader Islamic world".
Economic trends during Covid
Ambassador Yoram Ettinger provides an excellent review of Israel’s economic performance compared to other world economies, during the pandemic.
Israeli startups give jobs to thousands of Europeans
On the 25th anniversary of EU-Israel business relations data shows that 912 Israeli startups in the EU and UK employ 24,223 local workers. More than a third work in information and software technology, plus others in internet, telecommunications, biomedical, and cleantech.
Blackstone arrives in Israel
Blackstone Group is one of the world’s largest investment companies. Its recent decision to open an Israeli office has huge positive implications for Israeli startups. Israel’s former Ambassador to the United Nations, Dan Gillerman, will become chairman of Blackstone Israel.
Investment in Israeli startups: (2/5/21)
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Israel’s 10th Unicorn of 2021
Israel’s Deel offers a global payroll solution to help 500 companies hire anyone, in over 150 countries, compliantly and in minutes. Its latest $156 million funding raised Deel’s market valuation to $1.25 billion, making it Israel’s 10th new financial Unicorn this year.