Israel Active

The Tel Aviv Stock Exchange launched its TA-125 Fossil Free index in December. Israel’s Migdal Capital Markets has now followed up the event by becoming the first investment house to launch an exchange traded fund (ETF) that tracks the new index.

Israel’s Parametrix Insurance protects companies if their Cloud service provider breaks down. It provides cover for financial loss including reputational failure and compensation for service level agreements with customers and third parties.

US giant Seagate is to integrate the VCode security software from Israel’s Karamba (see previously) into its storage systems., Karamba is benefiting from the new requirements for manufacturers of IOT (Internet of Things) devices to protect products from security threats.

Jon Medved writes how in 2012, Hamas rockets did not deter OurCrowd’s initial New York investors. On the contrary, they doubled their stake in the Israeli innovative crowdsourcing platform.

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In 2020 16 Israeli companies became unicorns – private companies valued over $1 billion. This amounted to around 10% of new unicorns globally in 2020. 15 more Israeli companies have become unicorns already in 2021 – almost one a week. Israel is embracing a digital transformation boom.

BBC Global News has replaced Outbrain (see ) - its Israeli provider of recommendations for the website BBC.com - with Israel’s Taboola (see ). Ironically, the Israeli firms recently cancelled a 2019 merger agreement (see ). (No change likely to BBC’s anti-Israeli reporting)

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Israeli-founded, London based cybersecurity company Wandera, has been acquired by U.S. company Jamf for $400 million.

Dubai’s Arabian Travel Market was billed as the first travel and tourism event to happen in person since the global coronavirus outbreak. Israeli booth marketed the country as the “Land of Creation”. Videos advertised Israel’s vegan food, its beaches and urged: “Book Your Trip Now” to Tel Aviv.