Israeli water delegation impresses U
. 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.
ReWalk to launch on NASDAQ
(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.
Wound treatment biotech to launch on NASDAQ
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.
Intelligent Israeli companies
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.
Tax breaks to create 3,000 cyber jobs in Negev
(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.
Undertone acquires Upfront
(Thanks to Nevet – www.broaderview.org) Digital advertiser Undertone, has bought Israeli brand-focused programmatic platform, Upfront Digital Media. Following the acquisition, Undertone is to set up its first development center in Israel.
Supersonic to expand in Asia
Israeli mobile advertising technology company Supersonic has raised $15 million to further its growth and expand its operations in Asia. Formerly known as SupersonicAds, the company has developed an in-app monetization and user acquisition platform.
Google’s $100m Europe fund to invest in Israeli startups
Five years after launching its Google Ventures investment fund, the Internet giant announced yesterday that it was launching a similar fund in Europe. sources informed "Globes" that Google will also use the fund to make investments in suitable Israeli start-ups.
Mobileye is a $3-5 billion company
Israeli collision avoidance solutions developer Mobileye is looking to raise $150 million in funding from its US public listing. Mobileye has developed a camera-based system mounted in vehicles that reads the road ahead and is designed to help drivers avoid accidents.
Leviathan gas field is larger than expected
The estimated size of Israel’s largest natural gas reserve was raised by 16 percent. An updated analysis based on 3D seismic surveys has calculated the field to hold 21.93 trillion cubic feet (620 billion cubic meters.