The MIBA team was honored to take part in a meaningful visit from the newly elected mayors of Jezreel Valley and Migdal HaEmek, accompanied by the Steering Committee overseeing their vital partnership. This visit, hosted by the Jewish Federation of Detroit (JFD), marked the first time mayors from JFD’s Central Galilee partner cities visited Detroit.
April began with Esther Loewy from MIBA’s Israel Team leading the inaugural Investing in Israeli Tech briefing in Michigan, revealing why global investors are doubling down on Israeli innovation. Panelists Chen Linchevski and Justin Borus shared exclusive investment trends and bold forecasts for 2025.
Over the past seventy-seven years, Israel has pulled off what might be described as a high-tech miracle in slow motion. Born in mostly desert, the country has grown into a global innovation powerhouse, turning scarcity into strategy and problems into patents.
Alphabet’s Google has acquired the Israeli cybersecurity startup, Wiz, for a staggering $32 billion, marking the largest acquisition in Israel’s history. This deal comes after a previous $23 billion offer fell through last year and Wiz CEO Assaf Rappaport considered plans for an initial public offering.
Israeli startups have raised $1.25 billion in the first two months of 2025, a significant increase from $800 million during the same period in 2024. In February alone, Israeli startups secured over $550 million, with notable financing rounds including:
Quantum Machines, a quantum computing company, which raised $170 million.
Dream Security, which raised $100 million.
Augury, an industrial AI company, which raised $75 million.
The Michigan Israel Business Accelerator (MIBA) recently facilitated an exciting exploration of Israeli sports-tech innovation for Howard Handler, President of 313 Presents and MIBA Board Member.