Israel Active

Israeli tech firms have raised about $7.22 billion from investors, an increase of 32% compared with the same period last year.

Israeli cybersecurity Checkpoint’s revenue last quarter was $635 million, with operating profits over $200 million. The company is now valued at a massive $22 billion, up 36% since January.

Israeli property management platform DoorLoop has raised $100 million from US JMI Equity, valuing the company at around half a billion dollars. DoorLoop currently employs 160 people, including 60 in Israel and is looking to recruit some 240 more, mainly in Israel.

Chipmaker giant Nvidia has overtaken Microsoft as the best tech firm to work for in Israel, as ranked by Dun & Bradstreet. Workplace management platform Monday.com is 3rd.  Nvidia’s focus on its staff during the war boosted it from 8th place last year. Israel has 47,000+ tech workers.

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Sweden’s Sanalabs.com has Israeli AI workflow automation startup . Salesforce is Israeli data management startup .

Israel has allocated NIS 500 million ($133 million) for education and critical R&D and data infrastructure to help keep pace with global AI developments. It includes a national institute for advanced research in partnership with Israeli and international experts across academia, industry, and the military.

Another Israeli business trying to “raise the spirits” while under missile fire is the Malka brewery (see previously) just six miles from the Lebanese border. Malka has sent tens of thousands of bottles of beer to evacuees in Dead Sea and Eilat hotels. Malka beer is on sale in the US (see link).

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Israeli hospitality startup has Israel’s Easyway and now has .