Israel Active

Israel’s  BlueTree Technologies received regulatory clearance to market its sugar-reduction system for fruit juices across the EU without prior approval. The filtration-based technology does not fall under the EU’s “novel food” classification.

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Israel’s has Israel’s for tens of millions of dollars. Apple has Israel’s TrueMeeting (previously named ).

Venture capital fund Red Dot Capital Partners (see previously) has extended its third flagship fund, securing total commitments of $320 million for investing in early-stage Israeli startups. Investors include from countries that do not have diplomatic relations with Israel.

A report by the Industrial Cooperation Authority (ICA) shows Israel's economy generates $6 billion annually in actual procurement from its expanding network of industrial cooperation agreements with global partners and supports 1,100+ local businesses.

Startup Nation Central reports that the 500+ Israeli cybersecurity startups last year raised $3.8 billion - double the funding raised in the sector in 2023. It amounts to 40% of the funds raised by US cybersecurity companies – very commendable.

Online retail giant Amazon.com has fully resumed operations in Israel, lifting a suspension on shipments to addresses in the Jewish state imposed during the 12-day war between Iran and Israel.  It has also resumed its free shipping deal for orders totaling over $49 with qualifying items.

Emirati carrier Flydubai, resumed flying to Israel one day after the ceasefire with Iran began. Israeli-owned TUS Airways, the Greek airline Blue Bird Airways and Abu Dhabi-based Etihad began flights one day later, with China’s Hainan close behind. United, Wizz and Lufthansa restart soon.

This article explains the reason why the values of Israeli stocks, bonds and currency have suddenly soared. No-one imagined what would happen last week. Even if someone secretly believed in it or dreamt of it, it’s not a scenario that was priced into the stock or bond market.

New Zealand-based fintech giant Xero has agreed to acquire Israeli startup Melio (see previously) in a deal valued at up to $3 billion. It will give Xero full control of Melio’s payments infrastructure and 80,000+ small business clients in the US.