Investment in Israeli startups to 7/5/23
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Exits, takeovers and mergers to 7/5/23
US-based Blink Mobility acquired Israel’s for .
Israel’s has been acquired by an unnamed US company for around .
Rolling out smart shopping carts
Israel’s A2Z Smart Technologies (see previously) has signed an agreement to roll out 1,000 of its smart pick-and-go, self-checkout shopping carts at Israel’s Hastok home design and household concept stores across the country in a deal valued at NIS 30 million ($8.3 million).
49 more startups in MassChallenge II
Israel’s largest equity-free accelerator program, MassChallenge IL, brought together 49 startups in Jerusalem recently to learn business essentials, a first step towards enabling companies to complete its four-month “investor-ready” program.
How 7th Heaven was invented
7th Heaven chocolate (see previously) was conceived in the kitchens of two vegan Israeli chocoholics Daniel and Elya, who were dating. They have just raised $3 million to market the creamy non-dairy, kosher chocolate beyond its current retail locations of New York, Miami, and California.
Permit to sell cow-free milk
Israel’s Remilk (see previously) has received regulatory approval from Israel’s Health Ministry to sell its cultured protein-based cow-free milk products to Israeli consumers. Remilk already has permits to sell its products (chemically identical to cow’s milk) in the USA and Singapore.
A growing Unicorn
Optibus (see previously) is a billion-dollar Israeli private company whose value is increasing, despite the current financial market downturn. In 2022 it doubled its revenues and workforce. Its public transportation management software is now used in 2,000 cities worldwide.
One of the fastest growing companies in the world
The annual revenue of Israeli cybersecurity Semperis (see previously) has grown to nearly $100 million in just 9 years. Its disaster recovery system knows how to detect cyber-attacks, neutralize them, and restore the organization's activities automatically.
Ben Gurion Airport’s busiest ever month
Israel's Ben-Gurion Airport saw its busiest month in history during Mar 2023. A total of 1,983,428 passengers passed through on 13,490 international and domestic flights – 57% more than in Mar 2022. El Al flew 432,365 passengers – its highest monthly total and 50% more than in 2022.
Managing wastewater down under
Israel’s Kando (see previously) is partnering Australia’s Detection Services to deliver Kando’s wastewater management technology to customers in Australia and New Zealand. It follows a successful Proof of Concept project at Rotorua New Zealand.