Funds raised by Israeli startups
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Testing healthcare systems
Israel’s Pcysys (reported previously) has been chosen separately by US giant Apria Healthcare and UK’s St Margaret’s Hospice Care, to automate their cyber security testing with Pcysys’ PenTera Automated Penetration Testing Platform. Sadly, medical systems are often subject to cyber-attack.
There will still be Israeli Bluebirds
Israel’s Bluebird Aero Systems (reported previously) was taken over by Israel Aerospace Industries. So, Bluebird’s innovative Unmanned Aerial Vehicle technology will still be Israeli.
Connecting businesses to fast Internet
The Israeli government is offering a grant of NIS 1,000 for up to 20,000 small businesses to allow them to connect to Israel’s fiber-optic Internet. Upgrading their connections will help the businesses to digitally maintain and expand their business activity
Another $5 billion of reserves
Israel’s foreign exchange reserves at the end of June 2020 were over $147 billion, an increase of over $4.8 billion on their level at the end of May 2020.
A new trade deal with Romania every two weeks
In 2019, 26 trade deals were struck between Israeli and Romanian firms and agencies. And in one week in June 2020 Israel’s Romania mission held virtual programs on cyber and homeland security, an online oncology clinic, chronic disease programs and an agriculture event.
And we’re hiring
There should be no reason for Israeli hi-tech workers to be unemployed. This article gives details of dozens of Israeli companies who are actively recruiting skilled staff.
Jerusalem & Tel Aviv are joint top 6 ecosystems
The 2020 Startup Genome Ecosystem report has listed Tel Aviv and Jerusalem as the sixth most attractive ecosystem for startups and innovation.
Surge in on-line e-commerce
Israeli e-commerce startup Global-e Online Ltd. has raised $60 million to help expand the technological solutions it provides to international e-commerce websites. It comes on the heels of a significant increase in global online commerce, in part because of the coronavirus pandemic.
How to Gett ahead during the pandemic
Israel’s Gett has managed to compensate for the loss of private and business transportation due to Covid-19. It has maintained its income level by capturing a large share of the delivery business.