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Israel Trade & Economic Office

U.S. Southern Region

Has Israel finally “made it” to the class of first world economic nations?

category: General
Israel Has Been Accepted Into the Paris Club of Rich Creditor Nations  PARIS — Israel on Tuesday joined an influential group of rich world economic nations that help poor indebted economies, giving the country an
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Israeli Sport Analytics Company “PlaySight” Raises $3.5 million from Tennis Greats Billie Jean King and Novak Djokovic

category: General, Investment
Sports analytics company PlaySight Interactive Ltd. has raised $3.5 million from world number two tennis player Novak Djokovic and tennis women’s legend Billie Jean King. Other high profile investors in the financing round include Founder of
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Israeli Economy Shows Growth in Second Quarter – Gas Production has Positive Impact

The Israeli economy grew by a surprisingly strong 5.1% in annual terms during the second quarter, according to figures released Sunday by the Central Bureau of Statistics. The growth marked a rebound after
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Cleantech and Startup investor Pitango Closes $150M for new venture capital fund

category: Investment
Pitango announced the first closing of its VI Fund, out of a planned overall venture capital fund of $250 million. Pitango Venture Capital has announced the $150 million first closing of its Pitango VI,
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Minister of Finance met Cisco Systems Chairman and CEO to discuss further investments in Israel.

Minister of Finance Dr. Yuval Steinitz met this morning in his Jerusalem office with John Chambers, Chairman and CEO of Cisco Systems Inc. The two had a lengthy discussion
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Israel’s economy wins praise from OECD secretary general

category: General
Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development (OECD), praised Israel’s economy at a joint press conference with Israeli Prime Minister Netanyahu and Finance Minister Steinitz, as reported in
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Agricultural Innovation takes center stage – the latest from Agritech 2012

category: Agriculture, Water
“Agricultural technology is experiencing phenomenal momentum today, similar to what the water industry experienced a few years back,” says Oded Distel, head of Israel NewTech. We spoke with Distel about new trends
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Channel 4 clip review’s Israel’s hi-tech industry

category: Energy, General
What makes Israel the world’s “Silicon Valley”?  Channel 4’s Benjamin Cohen reports from Israel, meets with hi-tech entrepreneurs, visits Google’s Israel office, and looks at how Israel’s hi-tech industry is progressing. The clip talks about
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The Economist looks at Israel’s start-up culture

category: Uncategorized
“What’s next for the start-up nation?” begins the Economist’s look at Israel’s technology start up culture. Israel attracts far more venture capital per person than any other countryin the world —$170 in 2010 to America’s $75.
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