Israel Active

Israeli-founded Gett (reported previously) has signed a strategic partnership agreement with UK ride-sharing company Ola Cabs. Gett’s business clients can now receive service from Ola’s 2 million drivers in 250 cities around the world.

Israel’s Teva has joined with Iceland’s Alvotech to commercialize five biosimilar product candidates in the US. Biosimilars are slightly different versions of already approved treatments. They are not the same as “generics” but require less testing than the original and are much cheaper.

Israel’s Gilat Satellite Networks has won a cellular backhaul project for Kcell, Kazakhstan's largest Mobile Network Operator. Gilat will provide connectivity starting with hundreds of rural villages as part of the “Digital Kazakhstan” government program.

Israel’s Fiverr International (reported previously) is continuing its international expansion by launching its freelance network in two new languages - Dutch and Italian.  The move follows the opening of similar sites in Germany, France and Spain, now serving 5.5 million businesses in 160 countries.

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Israel’s Nano Business has developed an application connecting employees seeking a daily income with employers in need of temporary workers. Those laid off by the Covid-19 crisis can use Nano to convert from waiters and event laborers into removers, plumbers and building workers.

Social media giant Facebook says its Israeli R&D center is a significant growth engine and is taking over two more floors in Tel Aviv’s Azrieli Sarona Tower (It already leases 10 floors). Meanwhile, Intel Israel is to rent four more floors in Tel Aviv’s Azrieli Triangular Tower.

Israel’s Minute.ly offers to increase revenue and user engagement by using its AI technology to “amplify the impact of your video content”. Minute.ly is partnering Infront – part of Wanda Sports - to identify peak moments in sporting videos and increase audiences in Europe and the U.S.

Israeli Transportation Minister Miri Regev has approved establishing a commuter ferry line that would reduce highway traffic in the center of the country. It would link Tel Aviv with Netanya and Hadera to its north, and Ashdod to its south. Netanya to Tel Aviv (e.g.) would take 20 minutes.

A non-profit accelerator, Israeli Association of Intelligent Transportation Systems (ITS) has been launched to promote tech to streamline transportation systems, raise safety levels, and reduce pollution during the Covid-19 crisis. Its startups are Spool, Opticity Israel, Safe-on, JesTap and Afik.