Israel Active

I reported previously on the sensor technology of Israel’s PointGrab. Now, accounting giant Deloitte Touche Tohmatsu has selected Israel’s PointGrab.to install its smart sensor systems to monitor activity at its U.K. and northwest Europe headquarters in London.

Israeli-founded retail analytics company CB4 uses pre-existing point of sale data to identify demand for specific products in brick and mortar stores. When a product fails to sell to predicted demand levels, CB4 sends an alert to the store manager, highlighting the issue and suggesting ways to fix it.

I reported previously that Israel’s Netafim was deploying its drip-irrigation systems to 6,000 farmers in Hungund, India. It has since won a $100 million contract to install its systems in 100 villages, benefiting 60,000 farmers across India.

I mentioned previously Israeli startup Dynamic Yield, which uses Artificial Intelligence to deliver a personalized service to customers.  Fast food giant McDonald’s has recognized DY’s potential and has bought the innovative startup for $300 million.

I reported previously on Israel’s OrthoSpace which develops a biodegradable balloon that can be implanted into injured shoulders, preventing friction and alleviating pain. NYSE-listed Stryker Corp. is acquiring OrthoSpace for up to $220 million.

I reported previously on Israel’s Pointer Telelocation whose software tracks vehicles for fleet management, insurance purposes and stolen vehicle recovery. US based I.D. Systems is acquiring Pointer in a deal valued at some $140 million.

Israeli international hotel chain Fattal is building a new 168-room NYX Jerusalem Hotel near the Mahane Yehuda market. It is also expanding the former Alliance School into a 90-room boutique hotel. Fattal has 200 hotels in 18 countries including the Leonardo chain.

Israel-based Tnuva Food Industries has launched a startup accelerator program focusing on retail technologies. Dubbed Capsule, the program will scout startups and entrepreneurs for strategic collaborations, offering them access to Tnuva’s facilities, business advisement, and mentorship.

Several companies, including Exxon Mobil, have acquired Israeli government tender documents pertaining to oil and gas exploration rights off the coast of Israel. The ongoing auction closes in June. Seabed estimates are 75 trillion cubic feet of gas and 6.6 billion barrels of oil.

I reported previously on Israeli cybersecurity startup Morphisec and its growth in protecting over one million endpoints.  Its revenue has also grown - by 1620% over the past year.