Israel Active

Thousands of investors, entrepreneurs, venture capitalists, corporate executives, government officials and press from 90 countries attended Israel’s OurCrowd Pandemic Innovation Conference online. It is the first global event dedicated to pandemic investment.

OneView raised ; Authomize raised ; raised ; Lightrun raised ; raised ; raised ; raised ; Apolicy raised ; CENS Materials raised ; Arbox raised .

Microsoft has acquired Israeli IoT security company CyberX (reported previously) for an estimated $170 million. Microsoft said CyberX complemented its existing Azure IoT security capabilities. Microsoft praised CyberX’s cutting-edge expertise, and technology platform.

There is no need for skilled IT professionals to be out of work during the coronavirus pandemic. Israel’s WordPress website-building platform Elementor (reported previously) has set up a network to connect Elementor developers to projects and businesses that need them.

Greece’s ΟΝΕΧ Νeorion Shipyards is partnering Israel Shipyards Ltd to co-produce the “Themistocles” corvette - a next-generation, multi-purpose vessel designed to patrol and protect the Eastern Mediterranean’s sea borders.

Nine Israeli-founded unicorns (valued at over $1 billion) are based in New York State. They are Riskified, Sisense, VAST Data, Via Transportation, Compass, Lemonade, Payoneer, Taboola and The We Company. 500+ Israeli companies in New York generate $30+ billion in revenue and employ some 25,000 New Yorkers.

Taiwan’s largest innovation company, Innovation to Industry (i2i), has set up a $70 million program called IP2 LaunchPad. Its purpose is to create tech collaborations between 25 Israeli cybersecurity, AI and digital health startups and Taiwan’s industry, health care system, academia and investors.

Israeli fintech (financial technology) companies raised a record $1.8 billion of investment funds in 2019 – more than double that in 2018. Israeli firms account for 5.1% of global investment in fintech – the fifth highest country in the world.

Israel’s CardiacSense (reported previously) has signed an exclusive distribution agreement in India worth at least $32.4 million for 150,000 of its medical watches. The device remotely monitors and detects patient vital signs of fevers, heart arrhythmias and chronic diseases.

Latest investments in Israeli startups include: raised ; raised ; ADAM CogTech raised ; raised and raised