Israel Active

Israel’s Healthy.io (reported previously) has acquired its U.S. competitor, Inui Health, for $9 million. Both companies develop and market FDA-approved analysis kits for home monitoring of the progress of Chronic Kidney Disease (CKD). The takeover gives Healthy.io a stronger US presence.

Israeli insure-tech company Lemonade has just completed a listing on the New York Stock exchange. Its share price at the start of trading was $29. By the end of the day, the share price was over $69 – a 139% increase.

The Israel-U.S. BIRD (Binational Industrial R&D) Foundation is offering to fund 50% (up to $1 million) of the budget for advanced tech projects in homeland security. These include for anti-cybercrime, critical infrastructure, border protection, UAVs, and first responder security.

The Tel Aviv Stock Exchange (TASE) has launched an English version of its MAYA website. It will report corporate disclosures of its 436 TASE-listed companies and is part of its program to make the exchange more accessible to foreign investors.

The first stage of the "Silicon Wadi" project is underway. The initiative is designed to set up industrial and business zones in the eastern half of Jerusalem. 200,000 sqm of commercial space should result in 10,000 new jobs and increase Arab participation in the hi-tech workplace.

Six Israeli firms were listed by the World Economic Forum (WEF) among its 100 New Technology Pioneers in 2020. They are , , , , and . Israel was the only country in the Middle East to be represented in the WEF list.

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.