Israel Active

The IDF’s Mamram technological unit, founded in 1959, has a network of some 12,000 alumni who have founded around a quarter of Israel’s $1 billion Unicorn startups. The Mamram Alumni Association’s Mamram Space accelerator program (now in Batch 6) is helping to grow Israeli startups.

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Australia’s Aristocrat has acquired Israeli-founded for approximately . IBM has acquired Israel’s for .

Former Prime Minister Naftali Bennett is joining the board of directors of Israel’s Quantum Source (see previously) which is developing an Israeli quantum computer. Before entering politics Bennett co-founded Cyota ($145 million exit) and was CEO of Soluto ($100 million).

Another NoCamels article about Israel’s impacX (see previously) with its smart bottle, vibrating top, and app that reminds you to drink more water.  impacX has partnered several distributing companies and recently launched the smart bottle in Israel “as a full country pilot”.

Brian Kemp, the governor of the US state of Georgia, is making an economic development trip to Israel. Israeli companies employ more than 1,000 Georgians. Georgia exported $280 million and imported $650 million in goods and services to Israel last year.

Ahead of Jerusalem Day, Israel’s Transportation Ministry published new sketches of two new train stations planned for the center of Jerusalem.  See also previously.

The Israeli High-Tech Association has signed an agreement with the Korea Information Security Industry Association (KISIA) aimed at fostering ties and encouraging business cooperation between cybersecurity and information security companies in both countries.

Travel to Israel has increased significantly following the start of Delta Airlines’ Atlanta to Tel Aviv route (3 times a week). El Al has begun twice-weekly flights from Tokyo and from Porto Portugal, plus thrice-weekly from Dublin and from Istanbul.  

Israel’s Chunk Foods (see previously) creates whole-cut meat substitutes that are now available in restaurants in New York City and Los Angeles. Chunk Foods recently completed the biggest seed round of funding ever for an Israeli plant-based protein company, securing $15 million.