Israel Active

The latest 10 Israeli startups for Deloitte’s LaunchPad accelerator (see previously) for preparing them for launching in the United States are: , , , , , , , , , and . They follow 43 others.

Israel and the UAE are to connect the ports of Dubai and Haifa by a land route. This will circumvent the Yemen-based Houthis who have been hijacking vessels in the Red Sea. Israeli logistics firm Trucknet (see previously) spearheaded the agreement.

Israel’s BlueTree (see previously) was awarded a 50,000 Euro award from Europe’s EIT Food, the world’s largest food innovation community, supported by the European Union.  It will help BlueTree further implement its technology plans in Europe.

Jews in the Diaspora are generously using Chanukah as time to “shop Israel.” Many Israeli vendors have travelled to the US to promote their businesses and sell their wares. They can be obtained at synagogues or online sites e.g., Etsy, JNF-USA, ADI Negev, or Yad LaKashish.

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Israeli private equity fund Fortissimo is to acquire Israel’s for some ; Israeli cybersecurity Unicorn has Israeli IT startup . Israeli global payments startup has US-based point of sale software developer Retail Pro International at a $36.5 million valuation. Israel’s has acquired Israel’s . Israel’s CropX has acquired Australia’s Green Brain.

Israel’s VAST Data, which develops an AI data platform, has secured $118 million in Series E funding at a $9.1 billion valuation, more than 3 times its previous value.

Israel’s Gilat Satellite Networks (see previously) via its Wavestream US subsidiary, has won a nearly $20 million continuation contract to provide the US Army with its all-environments Solid State Amplifiers (SSPA) that sustain anytime, anywhere satellite connectivity.

Israel’s Matrix IT (see previously) is looking to recruit another 700 employees. The positions include software developers, info security, project managers, system analysts, infrastructure and comms, SAP implementers, software testers, cloud personnel, and automation developers.

Israel’s Knesset (parliament) has allocated NIS 30 billion to the war effort, split between military and civil support.