More security for automobiles
I mentioned Israel’s Argus Cybersecurity as being able to prevent remote carjacking. There has been much interest and Argus just raised $26 million of funding.
Switzerland buys 6 Israeli drones
The Swiss Government has approved the purchase of six Hermes 900 unmanned planes from Israel’s Elbit Systems for $256 million. The Swiss Defense Minister said the aircraft would be used for surveillance by border guards.
Mini-booster seat project is fully-funded
Israel’s mifold has now closed the crowdfunding project for its tiny car-booster seat. Mifold aimed to raise $40,000 but received a massive $690,762. They received orders for 20,000 mifolds from 7,000 customers in 87 countries.
Mellanox wins Israel-America Chamber of Commerce award
Israel’s Mellanox Technologies has won the 2015 Israel - America Chamber of Commerce award in recognition of the company for "innovation and technology excellence, and developing human capital."
Taxes lowered
Israel’s fell to 2.1% and in August, allowing the Government to to 17% and Companies’ tax to 25%. Taxes on alcoholic beverages were also .
World’s largest shipping company comes to Israel
In October, Haifa Port will begin serving 2M - the world's largest shipping alliance, comprising giants Maersk and MSC. On Oct 15, The Gustav will be the largest ship ever to dock at an Israeli port.
Record levels of Private Equity investment
Israeli tech firms continued to benefit from increased investment, both by local venture capital firms and international players. Private equity investments hit an all-time high of $1.4 billion in the second quarter of 2015.
Israeli merger connects a billion customers
Israeli firms IronSource and Supersonic are to merge. Over 450 million use IronSource’s InstallCore to download software to PCs and mobiles every month. Supersonic works with companies such as Adidas, Intel and Coca Cola to deliver ads during installation.
John Hopkins to launch Israeli medical incubator
John Hopkins Technology Ventures has inked a multiyear agreement with Israeli digital health business Luminox that will set up an accelerator for Israeli digital health startups.
Japan loves Israeli shoes
Israeli shoe and sandal manufacturing giant Teva Naot is to open its fourth retail branch in Tokyo. The Israeli chain produces specially designed shoes for the Japanese market, including 20 different models that were tailored according to local specifications and trends.