Israel Active

January 2021 saw an unprecedented record $1.2 billion invested in Israeli companies. It included the generating of five new Israeli Unicorns (value over $1 billion).

Israel’s Edete (reported previously) is to trial its artificial pollination technology in the Australian state of Victoria. Its machinery that can be deployed both day and night, and at extreme temperatures. While Israel is busy saving the world’s honeybees, this is Plan B!

raised ; (Believer) raised ; raised ;

Saket Agarwal of India’s Onnivation Ventures, markets the services of 15 Israeli hi-tech companies to India’s largest corporates. His “portfolio” of Israeli expertise in cloud, data science, AI, cybersecurity and marketing, attracts millions of dollars in annual business.

Israel’s Pixellot (reported previously) is now partnering with NBC Sports Group company SportsEngine to launch Pixellot YOU. SportsEngine’s clubs can record their games via a virtual camera operator and receive highlights for each player. It will also help coaches improve team performance.

Tesla officially launched its official sales in Israel for its electric vehicle on a new website. It is also building a sales agency at Ramat Aviv Mall in Tel Aviv.

Detailed accounts have just been released for Intel Israel. They show that the Israeli operation increased exports in 2020 by 14% to $8 billion. Intel is responsible for 14% of Israel’s hi-tech exports, and its 13,950 employees generate 2% of the country's GDP.

Israel’s OTV (formally Olive Tree Ventures) has closed a new fund totaling $170 million. OTV focuses on digital health products that have the potential to work in different countries, make healthcare more affordable and fill gaps in overwhelmed healthcare systems.

The Dubai Media office reports that since Israel and the United Arab Emirates normalized ties in September, trade between the Jewish state and Dubai has reached 1 billion dirham ($272 million). Figures for the other seven states in the UAE were not yet available.

In just one week, three Israeli startups raised funds, to push their market value over $1 billion and gain the financial status of a “Unicorn”. They are Melio, OwnBackup and DriveNets, reported previously , and .