Good News Israel! Record Sale of Israel Bonds, Self-Driving Cars Coming Soon, and More!
israel bonds

Israel Bonds sells unprecedented $1.8 billion in 2020; Mobileye announces fully autonomous vehicles soon to be reality, Israeli startup eliminates fixed check-in and check-out times for travelers, and much more!

By Michael Ordman

ECONOMY & BUSINESS

Record sales of Israel Bonds

Despite the global economic crisis, Israel Bonds sold an unprecedented $1.8 billion in investments during 2020, mainly in the US. Proceeds of the sale of bonds are used to promote Israel’s technological growth.  The funds will help Israel offset the economic challenges that are expected to come.
https://www.jns.org/despite-global-uncertainty-israel-bonds-secures-record-breaking-1-8-billion-in-2020/
https://www.israelbonds.com/Home.aspx

Self-driving cars for everyone

Israel’s Amnon Shashua, Mobileye President and CEO, announced at the virtual CES 2021 event that its technology would make fully Autonomous Vehicles a reality in 2022 and widely available by 2025. Its Radar / LIDAR and camera-based AVs would be safer than vehicles driven by humans.
https://www.calcalistech.com/ctech/articles/0,7340,L-3887058,00.html
https://nocamels.com/2021/01/mobileye-test-autonomous-vehicles-4-cities-2021/
https://www.youtube.com/watch?v=N5pJMMO6i4w

You can check-in anytime you want

Israeli startup As You Stay lets travelers save money at 400,000+ hotels and properties by eliminating fixed check-in and check-out times. It also states that the current cost of this flexibility is far lower than pre-pandemic. And, unlike the song “Hotel California”, you can always leave!
https://asyoustay.com/  https://www.youtube.com/watch?v=Lc-IrPWVL-c

Investing in mature tech

Israel’s Glilot Capital, which until now specialized in early-stage tech ventures, is launching a new $170 million VC fund focusing on investments in more mature companies. Glilot+ (Glilot Plus), will seek to place $5 – 20 million in each of around 15 enterprise software and cybersecurity companies.
https://www.calcalistech.com/ctech/articles/0,7340,L-3887294,00.html

Modernizing British navy’s training

The UK subsidiary of Israel’s Elbit Systems has won a contract worth some $166 million from the UK Ministry of Defence, for the Royal Navy Future Naval Training Program. The 12-year program will modernize the Navy’s shore-based training, plus establish its “Future Submarine School”.
https://www.israelnationalnews.com/News/News.aspx/294680

Mental therapy is a growth business

Israeli-founded, New York-based Talkspace (reported here previously) has attracted huge numbers of customers during the pandemic. It is growing so fast that it could soon go public.
https://www.calcalistech.com/ctech/articles/0,7340,L-3887330,00.html  https://www.talkspace.com/
https://www.youtube.com/watch?v=Jk5A-znFWkY

Check your metabolism at the gym

When the Anytime Fitness gyms reopen in the UK, its 170,000 members will be able to enhance their fat burning program using Israel’s Lumen device (reported here previously).
https://jewishbusinessnews.com/2021/01/06/israels-lumen-offers-a-hand-held-device-to-measure-your-metabolism/   https://www.lumen.me/  https://www.youtube.com/watch?v=UMeEWWLrC5Y
https://www.youtube.com/watch?v=X8IBgyAMgn4

Rapyd becomes a double Unicorn

Israel’s Rapyd (reported here previous) has just raised a huge $400 million to give it a market valuation of $2.5 million.  Rapyd’s real-time funds transfer platform is now used in more than 170 countries. Rapyd will use the funds to increase its workforce and purchase additional companies.
https://www.calcalistech.com/ctech/articles/0,7340,L-3887513,00.html

Investment in Israeli startups:

Rapyd raised $400 millionVdoo raised $25 millionGett raised $15 millionShareitt raised $2 millionTelicomm raised $1.3 million;

CLICK HERE FOR THIS WEEK’S GOOD NEWS FROM ISRAEL ARCHIVE.

HELP ISRAELIS BATTLE CORONA!

Donate to the Corona Emergency Relief Fund. Coronavirus has taken a huge toll on the people of Israel. The poor, elderly and ill are most vulnerable.

Israeli soldiers, security officers and medical care providers operate under great danger and risk to life.

Over 1 million Israelis are out of work. Many cannot make ends meet. We provide financial aid, food, medical supplies and more. Funds are distributed where needed most. The time to act is now!


CLICK HERE TO HELP THE PEOPLE OF ISRAEL TODAY!

The post Good News Israel! Record Sale of Israel Bonds, Self-Driving Cars Coming Soon, and More! first appeared on United with Israel.


United with Israel