Israel Active

Daniel Rubin and Doron Maman have launched PubHub at Rosa Parks Bar in Tel Aviv.  The night-time bar is converted into co-working office space during the day. Their second location is planned to open early November.

I’ve reported on Israel’s Nano Dimension and its amazing nano-inks and 3D printers.  It is to open a new production facility, co-located at its HQ in Ness Ziona, that will increase its commercial growth.

There are close to 40 Israeli commercial drone startups – most of which were established in the last three years.  This excellent article summarizes the different categories and companies.

The wines of Israel feature in the October issue of The Wine Spectator.

Israeli startup Cybewrite is helping to underwrite the new business of cyber-insurance - policies that cover companies in the event of a cybersecurity breach. Cybewrite’s cloud-based platform estimates the risk to the insurer, decides the type of coverage to offer and the premium to set.

Israel’s reserves of foreign currency increased in September by $789 million to a new all-time record of $98.415 billion.

The United Nations acquired goods and services from Israel totaling $91.8 million in 2015 - double the amount it spent in 2013. 29% of Israeli goods were medical equipment and 17% were IT and communications equipment.

The Indiegogo campaign for the mifold grab-and-go car booster seat raised over $2.4 million (1,665% of funds sought). And I can report that the Israeli-developed portable car seat was useful for my granddaughter when I drove in the UK recently.

I reported previously on Israel’s Beyond Verbal whose voice technology understands the emotions in human speech in multiple languages.  It has applications for business, marketing, games, media and more.  No wonder Beyond Verbal has just attracted $3 million of Chinese investment.

I reported on the innovative coatings developed by kibbutz-based Hanita previously . They insulate Whirlpool fridges and produce low cost alloy coatings for windows.  Hanita has just been bought out by California-based Avery Dennison for $75 million.