Startup investment – to 1/12/24
raised ;
(already a Unicorn) raised from BlackRock;
raised (plus $5 million seed);
raised ;
raised ;
raised (IPO);
Exits, mergers & acquisitions – to 1/12/24
Israel’s acquired the assets of US Nortis (Numa Biosciences) to integrate its technology.
Vegan salmon in luxury hotel
Four Seasons, one of the world’s best-known luxury hotel chains, will offer vegan salmon from Israel’s Oshi (formerly Plantish – see ) at its San Francisco hotel. Oshi’s salmon is already available in up-market restaurants in NYC, New Hope, Boca Raton and Los Angeles.
IAI goes from strength to strength
Israel Aerospace Industries (IAI) has reported its best ever results. Net income for the first nine months of 2024 was up 74% at $431 million on sales of $4.39 billion.
Hi-tech flights to NYC
Israeli high-tech’s airline, TechAir, intends to begin operation in Jan 2025 of a new service between Tel Aviv Ben Gurion and New York JFK airports, commencing in March 2025. TechAir will use one plane, leased from a 3rd party, including its pilot, crew, maintenance, food, etc.
Manchester fans are flying
Israel’s Arkia Airlines has a new twice-weekly service between Tel Aviv and Manchester, scheduled deliberately for fans of Manchester United and Manchester City to watch their teams.
New industrial complex for war-torn Kibbutz
Kibbutz Kfar Aza, devastated by Hamas on Oct 7, has signed a deal with Reches Real Estate and the Zadok Group to build a $67 million 42,000 sqm multipurpose industrial complex. It will provide returning Kibbutz residents with jobs and also attract businesses to the area.
Renewable energy storage for the UK
Israel’s Nofar Energy (see previously) has secured funding of up to £152 million to help supply one of UK’s biggest energy storage facilities - the 624 MWh Cellarhead project being built near Stoke-on-Trent. Nofar recently completed the 60MWh Buxton project in the UK.
Communications devices for US Air Force
Israel’s Silynxcom (see previously) has received a new order from the United States Air Force for its innovative tactical communication products. The equipment is based on a new system configuration, customized for the USAF.
Startup investment – to 24/11/24
raised ;
raised ;
raised ;
raised ;
raised ;
raised