06 Dec 2017

The fund, targeted to reach $120-150 million, is backed by Scotiabank, The Travelers Companies and Bank Hapoalim. Israel’s Viola has announced closing of a $100 million global fintech fund, toward a target of $120-$150 million. The fund is backed by leading global banks, insurance companies and asset managers from…

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05 Dec 2017

Israel’s auto-tech industry is buzzing as Mobileye is installed in Chinese buses, startups close large financing rounds and carmakers open offices in Israel. One figure stands out in the Israeli auto tech sector for 2017: Israeli smart car and shared transportation companies generated NIS 65 billion in exits, investments,…

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04 Dec 2017

The world’s longest underwater pipeline from Leviathan to Italy will allow Israel to export gas to Europe. A memorandum of understanding for the laying of an underwater gas pipeline from Israel to Europe will be signed on Tuesday in the Cypriot capital Nicosia, sources inform “Globes.” The world’s longest…

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01 Dec 2017

Startups have raised at least $4.65 billion in the first eleven months of 2017. Israeli startups raised more than $300 million during November, according to press releases issued by companies that have completed financing rounds. The figure may be more as some companies prefer not to publicize the investments…

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29 Nov 2017

UK investment firm Oxx enters partnership with Jerusalem’s OurCrowd Pooling resources will help both parties ‘uncover the best companies in which to invest’ UK-based investment firm Oxx has entered into a strategic partnership with crowdfunding venture capital firm OurCrowd that will enable the UK firm to invest in the…

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28 Nov 2017

Brexit is both challenge and opportunity for Israeli businesses, UK Israel Business chamber of commerce says As Britain proceeds with the dissolution of its marriage to its long-term partner, the European Union, it has started to court new companions, among them Israel. Brexit — the process the UK has…

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27 Nov 2017

UK Defense Ministry: We selected Rafael for a £78 million contract to provide the main computer system and boost our defense of the Falkland Islands. Britain is buying Israel’s Iron Dome short range missile defense system to protect the Falkland Islands according to reports in the UK media. The…

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22 Nov 2017

Missbeez is a mobile platform providing a variety of lifestyle and beauty services to busy entrepreneurs. Israeli beauty and lifestyle services company Missbeez has completed a $4 million financing round led by Ourcrowd, 500 Startups, iAngels, Global Target Ventures, and notable angel Gigi Levi. Missbeez is a mobile platform…

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21 Nov 2017

GDP jumped impressively last quarter after rising only 2.5% in the second quarter and 0.9% in the first quarter. Israel’s Gross Domestic Product (GDP) grew 4.1% on an annualized basis in the third quarter of 2017, the Central Bureau of Statistics reports. GDP on an annualized basis grew by…

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20 Nov 2017

The most significant UK Israel Business delegation ever mounted is now underway in Israel led by Bradley Fried, Deputy Chairman of the Court of the Bank of England. 36 investors will meet 41 Israeli entrepreneurs in 72 hours. Briefings will cover artificial intelligence, internet of the soil, automotive technology, big…

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