$25 million for 3D metal printing
Israel’s XJet has just received a $25 million investment to help fund its unique 3D inkjet printing technology for liquid metal. The XJet system uses nanoparticles in liquid suspension to build metal parts without the need for expensive molds or lasers.
Shipping Peruvian avocados to Europe
Israel’s Mehadrin company has been working in Peru to promote the products grown by small farmers so they can directly export their products to European supermarkets out of Israel’s season. Mehadrin helped Peru export 300 tons of Peruvian avocados to Europe.
Incubator for banking startups
An Israeli financial technology hub “The Floor” has opened with the backing of China’s firm Pando Group to help connect Israeli technology with the world’s second-largest economy. The hub provides space, an R&D center, and partners including HSBC, Banco Santander and RBS.
Last minute travel bargains
Tens of thousands of passengers flew on low cost flights in 2015 thanks to Israeli app Hulyo. Hulyo’s parent Gulliver has just raised $1 million to launch a new global online travel venture.
Why didn’t they buy?
Another Israeli-developed app that helps on-line retailers find out why customers fail to complete their purchases at the checkout page. Boston-based BlueSnap markets the system they acquired when they bought Israel’s Plimus two years ago and now has 70 Israel-based employees.
Israeli builds party platform in New York
Israeli entrepreneur Amnon Israel has launched Funnster – a web platform to help users create a social event with their friends, split the payment and register who's bringing what to the party.
Five Israeli startups take Berlin
Pzartech, Join VR Technologies LTD 4.0, Myndlift, Quiccargo and Shopeat are first Israeli companies to take part in the Tel Aviv-Berlin exchange program.
Vaxil Bio lists in Toronto
Israel’s Vaxil Bio, developer of the ImMucin cancer vaccine, is the first Israeli biotech to list on Toronto’s TSX-Venture Exchange. Vaxil’s Isaac Maresky rang the 21st March opening bell at the Toronto Stock Exchange, along with Israeli Consul General DJ Schneeweiss and many Israeli flags.
NASDAQ launch for blood sugar monitor
Israel’s LabStyle, developer of the Dario smartphone blood sugar monitor, has raised $8.5 million from its launch on NASDAQ.
New trade agreements with Japan
30 top Japanese government and business officials recently visited Israel, including from Hitachi and Panasonic and principal cities Osaka, Kobe, and Kyoto. Officials from the Kansai region signed a memo of understanding on increasing trade and economic ties with Israel.