News Israel to Invest NIS 40 Million in National R&D Lab for Space Technology Israel is set to invest NIS 40 million (approximately $12 million) to establish a national research and development laboratory aimed at supporting startups developing space-bound technologies. ECONOMY & BUSINESS
News Major German–Israeli AI exit: NICE acquires Düsseldorf’s Cognigy for approx. $955M In a landmark cross-border deal, Israel’s NICE is acquiring the German conversational AI firm Cognigy, based in Düsseldorf, for approximately $955 million. ECONOMY & BUSINESS
News Mapping Israel’s $20B GenAI boom: 342 startups and counting A new report by Remagine Ventures shows that Israel’s generative AI ecosystem continues to grow rapidly, with 342 active startups, up from just 144 a year ago. ECONOMY & BUSINESS
News Israel and US to forge $200m tech hub for AI and quantum science Israel and the United States are set to establish a joint science and technology center focused on artificial intelligence and quantum science, with a total investment of $200 million. ECONOMY & BUSINESS
News Tel Aviv ranks No. 4 in global startup ecosystems, one spot higher than last year According to the 2025 Global Startup Ecosystem Report by Startup Genome, presented at VivaTech in Paris on June 12, Tel Aviv has risen to fourth place worldwide. ECONOMY & BUSINESS
News Mapping Israeli Quantum Computing: $650 Million Raised Amid Global Competition A new report by Earth & Beyond Ventures in collaboration with Deloitte Catalyst maps Israel’s growing quantum computing ecosystem. ECONOMY & BUSINESS
News NVIDIA plans massive tech campus in Israel, boosting AI innovation NVIDIA has announced it is seeking land in the Yokneam area to establish a major new campus that would serve as its main R&D hub in Israel. The project reflects NVIDIA’s long-term strategic commitment to the region and is expected to significantly expand its local workforce. ECONOMY & BUSINESS INDUSTRY
News Teva launches startup challenge program Teva has launched a biannual Startup Challenge Program to identify technological solutions supporting the drug development process. Startups from Israel and around the world are invited to apply. ECONOMY & BUSINESS
News Israeli Tech Funding Reaches $9.3B in First Half of 2025, Highest in Three Years Despite regional instability and fewer deals, investor confidence rises with larger rounds and strong early-stage recovery. ECONOMY & BUSINESS
