Israel Active

As part of the global expansion of Israel’s Innoviz and its all-seeing LiDAR sensors , it has now partnered with China truck manufacturer Shaanxi to deploy up to 600 autonomous trucks in Xi’an, one of the biggest ports in China.

The world’s largest beer company AB InBev has signed a partnership agreement with Israeli cybersecurity startup foundry Team8, which will liaise between Israeli cyber companies and AB InBev. In June, AB InBev established a cybersecurity-focused hub in Tel Aviv.

Israel’s Maya Reik, fashion designer and founder of Marei1998 is debuting her Faux Fur at Milan's fashion week - at the age of 21.  Maya left school at 14 and studied fashion. Entrepreneurial skills run in her family. Her father sold his shipping business to DHL for $100 million.

Maryland Lt. Gov. Boyd Rutherford recently visited Israel as the head of a delegation of state employees and Maryland-based businesses. His aim was to encourage Israeli companies and entrepreneurs looking to enter the US market, that Maryland is the ideal partner.

A survey by Israeli-founded Payoneer reveals that the $42 average hourly wage of Israeli freelance workers is nearly double that of their counterparts in other countries. 7,000 freelance workers in 150 countries were surveyed.

Conferences do not have to be big to be successful. Axis Tel Aviv is limited to 250 decision makers and international investors - many visiting Israel for the first time. Israeli startups pitching to investors include in the fields of mobility, media and telecommunications, fintech, insurtech, and commerce.

WeTech Berlin 2020 (Feb 26 – 27) is an exclusive innovation conference hosted by CTech and Calcalist. Fifty Israeli startups will showcase technologies and meet with local investors and strategic partners in European and German corporations. (All 50 startups are listed in the following link)

Israeli PM Benjamin Netanyahu and his British counterpart Boris Johnson have agreed to begin talks on establishing a free trade zone between Israel and the UK. Israel was the first country in the world to sign a post-Brexit trade deal with the UK .

Israel has raised a record $3 billion in foreign debt at the lowest-ever rate for an Israeli offering. Demand reached an all-time high, from over 40 countries including the US, UK, Germany, Japan and Hong Kong. It reflected confidence among the world's largest investors in Israel's economy.

Tel Aviv-headquartered startup network SOSA has partnered with London innovation center Plexal. SOSA combines an investor network with a corporate innovation hub operating from centers in Tel Aviv and New York City.  It already has 250 partners in 10 countries.