Monthly Archives: February 2018

$814.5 million raised by cybersecurity firms

Posted on February 4, 2018

Israel’s 420 cybersecurity firms raised a record $814.5 million in 2017 – a massive 16% of global investment in cybersecurity and 28% more than in 2016. There were 14 exits totaling more than $1.4 billion. Several major international security companies … Continue reading →

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Fund for AI startups

Posted on February 4, 2018

Jerusalem-based OurCrowd global equity crowdfunding platform has launched Cognitiv, a specialized $100 million global fund focused on early-stage companies in artificial intelligence (AI), deep learning, Internet of Things (IoT), robotics and digital manufacturing. https://www.israel21c.org/new-vc-funds-target-autotech-ai-iot-robotics-startups/ https://www.youtube.com/watch?v=NHxkH7pwUpA

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Million-dollar startup competition

Posted on February 4, 2018

Jerusalem Venture Partners (JVP) is offering $1 million to the winner of “The New York Play” competition for startups wishing to move between New York and Israel. Specialty areas include AI, big data, cyber, fintech, mobile, storage, cloud tech, IoT, … Continue reading →

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A map of the Israeli retail startup scene

Posted on February 4, 2018

There are over 250 retail technology startups operating in Israel currently. Jerusalem Venture Partners (JVP), Nielsen Innovate Fund (NIF), Deloitte and The Shelf have published a map of the Israeli retail technology landscape, featuring the sector’s 100 “most promising startups.” … Continue reading →

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CollPlant to list on NASDAQ

Posted on February 4, 2018

Israeli human tissue repair company CollPlant is shortly to list on NASDAQ. Collplant uses tobacco plant DNA to develop and manufacture collagen-based regenerative medical treatments and bio-ink used in 3D printing of human tissues and organs. http://www.calcalistech.com/ctech/articles/0,7340,L-3730753,00.html

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$150 million for InSightec

Posted on February 4, 2018

Israel’s InSightec’s MRI-focused ultrasound (see here) is curing patients of tremors, prostate cancer and fibroids. It has just raised $150 million of funding. http://www.calcalistech.com/ctech/articles/0,7340,L-3730939,00.html

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Building miniature satellites

Posted on February 4, 2018

Tel Aviv University has launched a new space exploration center focused on constructing 4-inch cube-sized satellites. A team of engineers will build the “CubeSats” in collaboration with university researchers. Costs are around $500k each compared to tens of millions for … Continue reading →

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Simulating Mars in the Negev desert

Posted on February 4, 2018

A specialized structure simulating the Red Planet Mars’s unique environment is currently being built near Mitzpe Ramon in Israel’s Negev desert. Six Israeli astronauts will experience Martian conditions, communicating to the Rehovot control center via Israel’s AMOS 7 satellite. http://nocamels.com/2018/01/israel-mars-desert-space/

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A pen for dyslexics

Posted on February 4, 2018

I’ve reported previously (see here) about Israeli help for dyslexics. Now Israeli startup Wizcomtech has developed a reading pen that scans text and breaks words down into syllables using a digital voice. It then gives synonyms for the words to … Continue reading →

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An alternative to GPS

Posted on February 4, 2018

Israeli startup Hoopo has developed a geolocation estimation algorithm as an alternative to GPS. It uses low-power wide-area (LPWA) network data transmissions to generate a precise location. Hoopo has just received $1.5 million of funding. http://www.calcalistech.com/ctech/articles/0,7340,L-3730681,00.html https://www.hoopo.tech/

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