Is Israel increasingly isolated? Is Israel experiencing a slowdown of foreign investments? Not according to the documentation of foreign investments in Israeli companies.
For instance, Hewlett-Packard (HP), a personal computers and printers global giant, which operates eight research and development centers in Israel, just established theSilicon Valley-Israel HP Tech Ventures, an investment arm seeking path-breaking US and Israeli companies in the areas of 3D, virtual reality, hyper mobility, Internet-of-Things, artificial intelligence and sophisticated machinery. Expressing confidence in the potential of Israel’s healthcare cutting-edge innovations, Orbimed, the world’s preeminent healthcare investment and asset management fund, just raised $300MN for its second Israel Fund, surpassing the $222MN first fund. In May, the German carmaker, Volkswagen, concluded a strategic partnership agreement – involving a $300MN investment – with Israel’s taxi-hailing, delivery and logistics applications start-up, Gett. And, General Motors announced the tripling of the personnel – from 100 to 300 employees – of its research and development center, in Herzliya, Israel, which has developed a number of technologies, enhancing GM’s competitive edge in the global market. Since 2011, GM Ventures, GM’s investment arm seeking growth-driven, innovative technologies, has invested in a number of Israeli start-ups.
Furthermore, during the first ten days of June, $237MN were invested – mostly by foreign investors – compared with $28MN during the first ten days of May and $327MN during the entire month of May, approaching $2BN for the first half of 2016.