CTech's Sunday Roundup of Israeli Tech News
Citing stable economic outlook, S&P gives Israel its highest credit rating ever. Visiting Alibaba’s Hema supermarket store.
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Citing stable economic outlook, S&P gives Israel its highest credit rating ever. On Friday, Standard & Poor's Global upgraded Israel’s credit rating to AA- with a stable outlook, the highest rating awarded to the country to date, citing Israel’s “exceptionally strong economic performance’” and stable economic outlook. Read more
Bank of Israel Governor Karnit Flug. Photo: Amit Shabi
Bank of Israel Governor Karnit Flug. Photo: Amit Shabi
Visiting Alibaba’s Hema supermarket store. A smart app and QR codes mean you don’t have to ask the shop assistants at Alibaba’s new supermarket chain anything—unless you need them to help you fish your dinner. Read more
Online insurer Lemonade drops copyright lawsuit against European competitor. In a lawsuit filed in June, Lemonade alleged that Berlin-based ONE used reverse engineering to copy its services and interface. Read more
Food allergy detection venture wins first prize at underprivileged teen entrepreneurship competition. The competition is held once a year by Unistream, an Israel-based organization aiming to impart underprivileged teens with entrepreneurship and leadership skills. Read more
New entrant to Israel’s equity crowdfunding club. Called Together, the company announced on Sunday it has received a license from the Israel Securities Authority. Read more
Opinion | Why cryptocurrency companies prefer to register as foundations. Many crypto and blockchain companies operate as not-for-profits, and there is more to it than avoiding paying taxes. Read more
Tips | Your first press release: a DIY guide. A public announcement is a good opportunity to generate news coverage, to reach potential customers and even to attract top talent. Avigail Levine, former head of marketing and community at venture capital firm Aleph, shares her tips for making a successful announcement. Read more
OurCrowd named most active venture investor in Israel by Pitchbook. Pitchbook ranked the most active venture capital funds in the country according to the number of investments made since 2016. Read more
