Israel Active

. Food & Beverage industry. Israeli water technology companies recently met with large food & beverage companies in Chicago, Minneapolis, Philadelphia, and Delaware. They had much to offer the F&B market in the areas of safe water, water reuse, water ratio and better sustainability.

(Thanks to Atid-EDI) Israel’s ReWalk Robotics (previously Argo Medical) has filed for an IPO on Nasdaq to raise $58 million. ReWalk’s flagship product is a robotic exoskeleton that provides powered hip and knee motion to enable individuals with Spinal Cord Injury to stand upright and walk.

Israel’s Macrocure’s white blood cell injections treat hard-to-heal and chronic wounds. It wants to raise $75 million from an IPO on NASDAQ to finance its CureXcell a cell-based therapy that restores the natural balance required for the wound healing process.

For years I have been using the Israeli artificial intelligence system Genieo to find relevant news items to feature in my newsletter. Now, Genieo itself has become a news item. It has been taken over by another Israeli software company – Somoto.

(Thanks to Nevet – www.broaderview.org) Israel is to give tax breaks and access to cooperative cyber programs to lure leading domestic and multinational firms to a new national cyber park in the Negev desert. Israel aims to create 3,000 cyber-related jobs over the next 10 years.

Israeli start-up CupsTelAviv has a unique deal – all the coffee you can drink, from any of over 40 coffee shops in Tel Aviv. All for NIS 169 per month (about $45). I’ll drink to that.

The Organization for Economic Cooperation and Development (OECD) has reported that between 2010 and 2014, Israeli employment rose 13% compared to the OECD average of 2%. The employment rate for Israeli women was 6.5% higher than the OECD average.

The General Assembly of the Federation of European Securities Exchanges (FESE) unanimously approved the application of Tel-Aviv Stock Exchange (TASE) to become an Affiliate member. FESE has 21 Full members, 20 Affiliates and two Observer members.

Jon Medved, CEO of Israel’s OurCrowd is extremely bullish about the financial resilience of Israel’s economy during the current fighting against Hamas terrorists.

A Chinese delegation, headed by Ren Zhiwu - deputy director-general of the High-Tech Industry Department of the National Development and Reform Commission (NDRC) - arrived in Israel, the first time the high-level government team has come to Israel.