VISA expands partnership with Israeli startup
As reported previously, payments giant VISA partnered with Israel’s ChargeAfter – provider of software for flexible point-of-sale credit options. VISA has just expanded the partnership, giving ChargeAfter access to 16,000 issuing banks, acquirers and merchants.
North Rhine-Westphalia opens Israeli culture & trade office
Armin Laschet, minister-president of North Rhine-Westphalia, Germany’s most populous state, has opened an Economy, Science, Education, Youth and Culture office in Tel Aviv. Laschet is known as a staunch supporter of the Jewish state.
From US peace envoy to OurCrowd partner
Jason Greenblatt, former Assistant to the President of the United States, and Special Representative for International Negotiations, will join Israeli Crowdfunding investing platform OurCrowd as a partner with responsibility for building ties with the Middle East region.
More multinationals in Tel Aviv
Over the past year, multinationals have opened 16 new development centers in Tel Aviv in order to employ Israeli talent. Of the 107 multinationals, the new additions include Russia’s Yandex, SafeCharge (part of Canada’s Nuvei Corp) and Ford Motor Company. Tel Aviv has 2,000 startups.
Another $200 million for SentinelOne
US-based VC firm Insight Partners has led a $200 million investment in Israel-linked cybersecurity company SentinelOne. Previous investments valued SentinelOne as a Unicorn (companies worth over $1 billion). The new funds provide SentinelOne with money for strategic acquisitions.
A high-yielding acquisition
Israel Chemicals Ltd (ICL) has taken over North Carolina-based Growers Holdings. Growers develops technology that collects and turns manual and machine-generated farm data into planting and fertilization recommendations, aiming to generate higher agricultural yields.
Medical device company exits to expand
US-based Integer holdings has taken over Israel’s Inomec which plans to expand its team following the acquisition. Inomec’s makes laparoscopy systems, catheters and devices for brain and head surgery. Integer plans to turn Inomec’s offices into its Israeli R&D and sales office.
Simplee a good deal
Israeli healthcare payments startup Simplee (incorporated as Simplificare) has been taken over by US-based Flywire Payments Corporation for a reported $100 million. Simplee enables healthcare providers to offer patients personalized payment plans.
K Health is going global
When originally reported , the Israeli medical diagnosis app K Health was available only in Israel and only in Hebrew. It now has 3 million active users in 47 U.S. States. K Health has just raised $48 million for expanding to South America and Asia Pacific, plus the coverage of more illnesses.
Seagate to open Israeli innovation center
US storage giant Seagate is opening a Tel Aviv innovation center, Lyve Labs Israel, with the intention of working with Israeli companies. Seagate has been active in Israel for over a decade and has invested around $90 million in Israeli companies.