A quantum leap

Israel’s Quantum Machines (see previously) has increased its customer base to 280 facilities in 23 countries. Its technology now powers a large portion of the quantum computers operated by cloud providers, research labs, national centers, and high-performance computing (HPC) centers.

More smart interviews

Israel’s myInterview (see previously) has now more than 10,000 customers, including 7-Eleven, Ocado, and Facebook. It has facilitated over 7 million candidate interviews since its founding in 2016. It is especially popular among young candidates applying for customer-facing jobs.

Startups to watch out for

Here are some of budding Israeli startups utilizing Artificial Intelligence that leading Israeli fund managers think deserve attention in 2023. ; ; ; (IT development assistant); and (Fleet Insurance).

Exits, mergers & acquisitions to 22/1/23

American Express has acquired Israeli payments automation platform .

Investment in Israeli startups to 22/1/23

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Green bonds

Israel has sold $2 billion of 10-year green bonds, to support its goal of a zero-emissions economy by 2050. Israel is the 24th country around the world to sell green bonds, which are geared to fund key environmental objectives. The sale was so popular that it was oversubscribed by six times the amount on offer.

Israel’s most promising startup

Israel’s proteanTecs (see previously) is Globes' Most Promising Israeli Startup 2022, chosen by leading local and foreign investment firms. proteanTecs' founders also co-founded Mellanox which topped the Globes' ranking in 2005, eventually being acquired by NVIDIA for $6.9 billion.

Investment in Israeli startups to 15/1/23

raised ; raised ; raised ; raised ; raised ; raised .

Exits, mergers & acquisitions to 15/1/23

Israel’s has acquired US-based The Fly for ;

7-Eleven opens its first Israeli store

US convenience store mega-chain 7-Eleven (see previously) opened its first store in Israel with a long line of customers lining up outside the Tel Aviv shop to make their first-ever purchases. Eight more stores are planned to open in 2023, plus 30 more in 2024.