MAGAZINE ABOUT LIFE IN ISRAEL

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Startup

Japanese Israeli Startup Scene

in Economy & Innovation

The Japanese Israeli relationship is kicking into new gear, as the Japanese External Trade Organization, or JETRO, is dedicating one of its dozen international startup hubs to support Israeli entrepreneurs aiming to grow within the Japanese ecosystem. The Global Acceleration Hub, centered in Tel Aviv, will be a business center of sorts, providing free temporary…

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More Startups in Israel are Shutting Down

in Economy & Innovation

Since 2011, over 4,000 startups were founded in Israel. About 37% of those startups have closed operations today. Seen in a Start Up Central report, the numbers trending since 2014 are increasing for closing startups, and decreasing for founding startups. In 2014, only 221 startups shut down and in 2017, the number was 408. In…

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Conscious aging cooperative in Israel

in Health & Science

Startups are taking all kinds of shape in the startup nation. Much like the co-working spaces which have sprung up across the world, a new conscious community cooperative is following suit in the form of an elderly co-living space in Israel. For a group of about thirty people between the ages of 50 – 75,…

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Self-Driving Cars Hit the Road

in Economy & Innovation

A new stretch of highway near Herzliya, Israel is closed, not for construction, but for innovation. Five companies have taken over Road 531 to start testing their various self-driving car technologies. The 1.5-kilometer highway has three lanes in both directions and will be closed for two months while the companies are conducting trials. The Ministry…

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First Ultra-Orthodox VC Fund Opens

in Economy & Innovation

The Ultra-Orthodox community of Jews is expanding their own horizon and aiming to move away from focusing solely on the high holidays – by taking strides into high tech. 12angels is the first official investment fund for Israel’s Ultra-Orthodox, or Haredi, community. The fund aims to raise $5 million dollars and is dedicated to entering…

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