TeXchange opens UK to Israeli start-ups
The UK Israel Tech Hub is running its second annual TeXchange competition to connect up Israeli start-ups with British businesses. 15 winning start-ups will get trips to London’s Tech City, where they can open up the UK market in terms of both customers and partnerships.
Mobile Internet in a Flash
(Thanks to Atid-EDI) Two Israeli mobile Internet companies Flash Networks and Mobixell are joining forces to meet the growing demand for mobile data and services. The new company will support hundreds of deployments, serving over one billion subscribers worldwide.
BIRD foundation invests $9 million
The Bi-national Industrial Research and Development (BIRD) Foundation has approved $9 million worth of funding for 11 new joint projects between American and Israeli companies. They cover electronics, cyber security, life sciences, communications and homeland security.
More reserves
Over one billion dollars was added to Israel’s foreign currency reserves in December.
Spresh keeps food fresh
Don’t you hate it when you cut an apple and it turns brown before you get a chance to eat it? Israel’s Aviad Mozes has developed an all-natural spray called “Spresh” that keeps cut fruit and vegetables fresh for hours. Please support his Kickstarter project and be among the first to get some Spresh.
First Israeli-Chinese car is delivered
A 28-year old interior decorator from Shanghai took delivery of a brand new Qoros 3 sedan from Qoros Vice President Volker Steinwascher.
The largest on-line translator
Israel’s One Hour Translations (OHT) has over 15,000 translators in 100 countries. Its clients include Toyota, Coca-Cola, the US Army and IBM. OHT has just received a $10 million investment from Israel’s Fortissimo Capital to boost its ambitious expansion plans.
Free train service from Sderot
Some good news for residents of Sderot - the town constantly targeted by Gaza terrorists. Israel railways has started a new train service between Sderot and Tel Aviv. The one-hour journey will be free to Sderot residents for 3 months.
Matchmakers bring Dutch and Israelis together
“Matchmaking @ Netherlands-Israel Cooperation Forum 2013” was attended by Israel’s leading water, agriculture and oil & gas companies, including Delek, Nobel Energy, Amiad and Netafim. The Dutch included Wageningen University, and several Dutch water authorities.
Cutting oil use by 60%
Israel plans to cut oil use in transportation by 60 percent by 2025 and will tap into its newfound natural gas deposits to make it happen. It is also investing heavily to help start-ups developing battery and biofuel technologies, and is offering an annual $1 million prize to innovators in the field.