After seven months of negotiation, Yael Vizel, Founder of Zeekit, finally closed the deal to sell her company to Walmart, the largest American retailer, for $200 million. While Walmart, with over 2.5 million employees, wasn’t the only massive conglomerate that offered to buy, Vizel chose their offer, as it was most beneficial to the company. “All…
After the UN released a report on climate change calling for Israel to act now, Environmental Minister Tamar Zandberg declared a climate emergency, choosing to take the “strategic threat” seriously. In her statement, she said, “To this end, it is necessary to declare a climate emergency and define the climate crisis as a strategic threat…
A new safety system has been unveiled for the over 400 million motorbikes around the world. Ride Vision, an Israeli company co-founded by Lior Cohen, CTO, and Uri Lavi, who also founded Mobileye, has created a simply installed technology that has already saved lives. With smart car technology amping up, there has been minimal focus…
With a $70 million donation secured, the SpaceIL team is set for round two of its moon landing mission. While its first attempt with the Beresheet spacecraft in 2019 was considered a failure due to a last-minute technical breakdown, its next version has the same aim with a slightly different path. Still set to be…
“Now that the first excitement has settled, the real business is coming.” Gilad Carni heads the UAE Israel Innovation Office. He is a successful founder many times over and has invested in Israeli start-ups for years as an Angel Investor, one of which was the first Israeli start-up to be sold to Google. With his…
