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Tag: support early-stage businesses

GOOD NEWS FROM ISRAEL FROM MICHAEL ORDMAN

www. verygoodnewsisrael. blogspot that Israel and Hamas have signed the first phase of the plan to end the war in Gaza. The Israeli stock market also rose with the TA-35, TA-90, and TA-125 closing at record highs. The construction index soared, and the risk level fell sharply. Nobel Prize for Economics. Dutch-born, Israeli raised, US Professor Joel Mokyr has been awarded the Nobel Prize in Economics together with two other economists, for showing how useful knowledge, mechanical competence and institutions conducive to technological progress has led to sustained economic growth. $0. 5 billion for Israeli startups. Israel’s Glilot Capital Partners has raised $500 million to invest in Israeli cyber and AI software startups. The fresh capital was raised mainly from large financial institutions in the US and Europe. Glilot says it “we deeply believe in the Israeli ecosystem.” Gas pipeline to Egypt. When complete in 2028 it will deliver 600 million cubic feet of natural gas per day. El Al in top 25. El Al earned a five-star APEX rating for the fifth consecutive year and, for the first time, entered the global top 25 airlines for in-flight passenger experience based on millions of traveler reviews. Fewer than 7% around 40 airlines-earned a five-star rating. Swiss & Delta are back. Swiss International Air Lines has resumed flights to Israel with a daily non-stop return service from Zurich to Tel Aviv Ben-Gurion International Airport. Delta Airlines resumed daily flights from JFK to Tel Aviv on 1st Sep. $1. 2 billion aero engine parts deal. Israel’s Bet Shemesh Engines (see here previously) has won a $1. 2 billion 15-year contract to supply critical jet engine components to one of the world’s leading aircraft engine makers. Only a few weeks ago Norway’s sovereign wealth fund divested its 2% stake in Bet Shemesh Engines. Botanical-enhanced functional soft drinks. Israel’s SolvEat (see here previously) has partnered with Israel’s Central Bottling Company subsidiary Gat Foods, to develop functional beverages infused with SolvEat patented natural herbal formulations. They will target metabolic support, blood sugar control, and more. Using AI to sell industrial machinery. Israel’s Corbel aims to replace manual quoting and PDF-based workflows with AI-driven intelligence for the trillion-dollar manufacturing sector. Corbel is targeting one of manufacturing’s most persistent bottlenecks: outdated sales and quoting systems. Exits, takeovers, and mergers to 19th Oct 25. Israel’s CropX has acquired Israeli Crop Supply Intelligence Company Acclym. US insurance giant Penn-America Group (part of Global Indemnity Group) is acquiring Israeli insurance agency Sayata. LevelBlue (formerly AT&T Cybersecurity) has acquired Israel’s Cybereason. Israel’s Pentera acquired Israel’s DevOcean for $30 million. Amazon’s Annapurna Labs has acquired the entire core engineering team of Israel’s NeuroBlade. Startup investment to 19th Oct 25: Deel raised $300 million (valuation $17. 3 billion) Sensi. ai raised $45 million; Sola Security raised $35 million; Prisma Photonics raised $30 million; OneLayer raised $28 million; Omnix Medical raised $25 million; Second Nature raised $22 million; Siddhi Capital has invested $9-12 million in Israel’s Fresh Start foodtech incubator. Corbel raised $6. 7 million; ARGU AI raised $2 million. CULTURE, ENTERTAINMENT & SPORT, An Ethiopian Israeli restaurant in Harlem. Beejhy Barhany was born in Ethiopia and grew up in Israel. She has opened Tsion Cafe a kosher, vegan cafe in Harlem, New York. She describes it as a place of Pan-African love and Black Israeli pride. US Ambassadors rock Jerusalem. (TY INN) US Ambassadors Mike Huckabee and Daniel Friedman wowed the crowd at the United Hatzalah Sukkot concert, playing “Sweet Home Yerushalayim”. Great new lyrics. Acrobatic dolphins. Some 15 dolphins, including mothers and calves, gave an acrobatic display off the Israeli coast near Haifa. They performed for over an hour to a team of Haifa University marine scientists conducting an exploration project, 10 miles from the shore. It was the most exciting display ever seen by the scientists. Golden gymnast. Israel’s Artem Dolgopyat won gold in the floor exercise at the Challenge Cup in Paris. With one Olympic gold and one silver, Dolgopyat is Israel’s most successful Olympian. He also holds a World Championship title. First NHL goal by an Israeli. Israeli American hockey player Zeev Buium scored his first NHL goal on Saturday against the Columbus Blue Jackets; Buium, a defenseman for the Minnesota Wild, is believed to be the first Israeli hockey player to ever score a goal in the US National Hockey League. Gold paralympic swimmer. (TY Yanky) Paralympic swimming champion Ami Dadaon (see here previously) claimed his first world title in the 50m breaststroke SB3 in Singapore, setting a new Israeli record of 48. 17 seconds. In the 2024 World Championships in Paris, Ami won 4 gold medals. THE JEWISH STATE Ancient Jewish synagogue unearthed in the Golan. Another historical Jewish link to the Land in the Golan Heights recaptured by Israel in the 1967 Six-day War. Excavations at the Yahudiya Nature Reserve revealed lintels and basalt columns of a 1, 500-year-old synagogue the 26th discovered in the Golan. A home in Israel. Reminder Marina Shear, wife of Newsletter subscriber Glen, can help any reader wishing to make Aliyah or purchase a property in Israel. She has teams of English-speaking lawyers, mortgage brokers, builders, property managers, inspectors and designers. Read her guide and see her website for more details. Delayed passengers break into song. After a 4-hour delay on a Delta Airlines flight from New York to Tel Aviv, two musicians led passengers in singing “Adon HaSelichot” and then “Am Yisrael Chai”. Exciting times in Jerusalem. During Sukkot, Jerusalem was full of hope for the release of the hostages. The schools were on vacation so families were enjoying holiday activities. 50, 000 Jews celebrate Sukkot in Hebron. 50% more worshippers than last year visited Judaism’s second-holiest site during the first days of Tabernacles. The Cave of the Patriarchs was bought by Abraham more than 3, 000 years ago. and is the burial place of Abraham, Isaac and Jacob and matriarchs Sarah, Rabecca and Leah. On Simchat Torah we dance. Israelis are determined to dance, even overcoming physical and spiritual barriers. And on the second anniversary of the Hamas invasion, the IDF danced at the Nova festival site.