Wind farms in Poland
Zephyrus Wing Energies is the first company to list on the TASE since August; raises NIS 145 million at a company valuation of NIS 935 million. Zephyrus’ projects in Poland include Potegowo - the largest wind-energy project in the country, comprising eight wind farms at multiple sites.
Intelligence for brokers
Israel’s Capitola offers a productivity and market intelligence platform for broker teams. Its platform brings together brokers and underwriters, removing many of the operational inefficiencies around manual processes and repetitive tasks.
Controlling drone deliveries in Brazil
Israel’s High Lander (see previously) is partnering Brazil’s Speedbird - one of Brazil’s largest UAV operators - to safely steer drones delivering fast-food and groceries across Brazil. Locals order with the app iFood and a High Lander-controlled Speedbird UAV delivers the food.
Fish for Morocco
A consortium of Israeli-based startups is partnering with Morocco’s Mohammed VI Polytechnic University to produce high-protein fish food for Morocco’s fish farms. They are (seaweed), Shachar Group (recycled waste), (insect protein), and Hungary’s Celitron (organic waste).
Toyota prize to fund Israeli gardens
Israeli non-profit Venatata has won Toyota’s NIS 1 million Israel Earth Prize. The prize money will be allocated towards Venatata's 100 Gardens Project, which aims to establish 100 therapeutic gardens in medical and social rehabilitation centers across Israel.
Israel is a critical market
Vesey Ventures, based in the US and Israel, has launched a $78 million fund investing in early stage fintech companies. Vesey was founded by three former female Managing Directors at AMEX Ventures, focusing on Israel as a critical market for enterprise software, cybersecurity and data and AI.
Exits, takeovers and mergers to 30/4/23
US-based Akamai Technologies is Israel’s for “several dozen millions of dollars”.
Investment in Israeli startups to 30/4/23
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raised $15.6 million;
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UK & Israel sign landmark agreement
Israel’s Foreign Minister Eli Cohen and the UK’s James Cleverly signed “the 2030 Roadmap for Israel-UK Bilateral Relations.” It covers trade, cyber, science and tech, R&D, security, health, and more. It includes around £20 million in joint funds for technology and innovation projects.
High flying deliveries
Israel’s Flytrex (see previously) has reported a huge surge in its delivery orders in 2022. It delivered more than 85,000 items across 21,350 orders – seven times the numbers in 2021. Flytrex now delivers to 140,000+ households in the United States.