Israel Active

The non-profit Elnet is dedicated to strengthening Europe-Israel ties. Its German office is launching GINSUM - the German Israeli Network of Startups and Mittelstand (small and medium-size businesses). The German Government uniquely is giving GINSUM a grant of $850,000.

For the first time, Israelis took part in the largest rough diamond tender by the Dubai Multi Commodities Center (DMCC). Meanwhile Eco Friend and Arugot were among three companies in the Israeli booth at the Middle East Organic and Natural Products Expo in Dubai.

The US-Israel Binational Industrial Research and Development (BIRD) Energy program is granting $7.15 million to eight US-Israel clean energy projects. The Israelis are , , Aircraft, POCellTech (Hydrolite), , , and .

Israel’s Levent develops a customized trading platform enabling banks, investment companies, and traders to produce a trading platform for all their customers without writing code. Levent is partnering Zurich Capital who will promote Levent and other Israeli tech companies to UAE banks.

Israel’s Ecoppia (reported previously) has won a contract from India’s Azure Power for its robotic solar panel cleaning system to be installed on an estimated one million panels in its latest 450MW project. In the last year, Ecoppia has sold systems for over 10GW of solar projects.

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Israel’s At-Bay is one of several Israeli companies addressing the modern-day area of cybersecurity insurance, where companies need to be protected financially against cyberattack. (see for previous reporting). In addition to providing insurance, At-Bay helps companies improve their IT security.

Israel’s Gett and Israel’s Carbyne have partnered to make a safer taxi service, linking Israel’s 10,000 Gett taxis to Carbyne’s 911 gateway. Passengers press a button to provide location details and enable either live video or silent chat to medics, police or the IDF.

Israeli-founded BigID uses advanced machine learning and identity intelligence to help enterprises better protect their customer and employee data. BigID has just raised $70 million, giving it a market valuation of $1 billion and the financial industry status of a “Unicorn”.

Maia Dori is a new Olah (immigrant to Israel). She has already set-up a startup called Rebook - an English book subscription service that offers members the opportunity to rent English books on a monthly basis.  Many books (fiction and non-fiction) to choose from. Mentioned in the Jerusalem Post.