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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

The Yozma Programme (Hebrew for “initiative”) from the government, in 1993, was seminal: It offered attractive tax incentives to foreign VCs in Israel and promised to double any investment with funds from the government. Over the last decade, startup funding for Israeli entrepreneurs increased by 400%. billion, from $6.51

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Headout raises $12M, plans to hire 150+ people as domestic travel rebounds

TechCrunch

A marketplace that let tourists make same-day bookings for tours, events and activities, the app expanded around the world after launching in 2015. The new funding will be used to expand into 300 cities, product development and its product, business, marketing and operations teams. Then COVID-19 hit.

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Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion

TechCrunch

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. million it has raised in the pre-seed round to fund expansion within the U.A.E.

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Betsy Beaumon on Benetech's Literacy Program

Beneblog: Technology Meets Society

One of the biggest changes to Bookshare in the last ten years has been in the area of education, through funding from the Department of Education, Office of Special Education Programs (OSEP). This gave us the chance to say thank you to many people, and a number of very cool dogs, who have helped make Bookshare what it is today. Thanks again!

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African tech took center stage in 2021

TechCrunch

But two months into 2020, the pandemic did an excellent job of lowering expectations as investment activities from local and international investors slowed down. What’s a record year of funding without some unicorns? It wasn’t a bad year, though. African startups nearly raised $1.5 billion and $2.8

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Thynk wants to upgrade hotel stays with a vertical software platform

TechCrunch

This round was led by Singular , with a New-York based fund managed by Itai Tsiddon and Belgian investment firm CNP (Groupe Frère) also participating. The startup believes that these systems will always be there to activate key cards, tell the hotel staff when a room needs to be cleaned and other tasks.

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With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

TechCrunch

Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service. When people move and do more, it drives economic activity and quality of living, so we’re really focused on how we can reduce that friction to move.”

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