Monthly Archives: May 2020

Incentives to partner healthcare projects

Posted on May 17, 2020

Israel’s Innovation Authority is offering Israeli companies 50% of their R&D budget if they partner world-renowned hospitals on healthcare pilot projects. The hospitals include Mayo Clinic, Hartford Healthcare, Thomas Jefferson University and Germany’s Charité – Universitätsmedizin. https://www.calcalistech.com/ctech/articles/0,7340,L-3822270,00.html

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Israelis get back to the land

Posted on May 17, 2020

Israeli entrepreneur Nimrod Berger has found paid employment for 100 Israelis who have no work, due to the coronavirus epidemic. He has made them “crop commanders” – mostly ex-IDF, now elite agricultural workers – who are bringing in the harvest … Continue reading →

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SAP incubates more Israeli startups

Posted on May 17, 2020

SAP.iO Foundry Tel Aviv has launched its second 12-week incubator (see here for previous). This time SAP selected seven consumer products startups. Aiola, Hexa, Pecan.ai, Sampler, SRP, TrenDemon, and TVPage will access SAP tech support, mentors and clients. https://nocamels.com/2020/05/sap-foundry-tel-aviv-2nd-cohort-7-startups/ https://aiola.com/ … Continue reading →

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Encouraging Israeli startups to focus on Asia

Posted on May 17, 2020

Israeli-based Brilliance Ventures has raised a $20 million fund to focus on Israeli startups with potential for growth in the Asian market. Its initial focus is in the fields of Artificial Intelligence, deep tech, storage, semiconductors, and Industry 4.0 (e.g. … Continue reading →

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CyberArk’s $70 million acquisition

Posted on May 17, 2020

Israeli cybersecurity company CyberArk has acquired California-based “identity as a service” IDaptive Holdings for $70 million cash. Their technologies will be combined to form a powerful security platform. https://en.globes.co.il/en/article-cyberark-buys-us-co-idaptive-for-70m-1001328476

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Recruiting 100 employees

Posted on May 17, 2020

Despite the coronavirus pandemic, Israeli-founded Spot.IM is recruiting 100 new staff to add to its 200 Israeli and US employees, as part of its growth plan. Spot.IM is an engagement & community platform for top media companies such as Verizon … Continue reading →

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Israeli startups raising funds

Posted on May 17, 2020

This week, Nanofabrica raised $4 million, Udisense (Nanit) raised $21 million, LawGeex raised $20 million, digital health data Alike raised $5 million, IRP Systems raised $17 million, AccessiBe raised $12 million and Semperis raised $40 million.

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Destroying toxic algae

Posted on May 17, 2020

Lake Guard from Israel’s BlueGreen Water Technologies (reported here previously) has removed toxic algae from most of Israel’s 600 water reservoirs. BlueGreen recently purified the previously polluted 4.4-sq km Roodeplaat Dam Reservoir near Pretoria, South Africa. It took only a … Continue reading →

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An AI baby monitor

Posted on May 17, 2020

Israel’s Nanit (also known as Udisense) develops a machine learning and computer vision-based monitor that tracks and analyzes babies’ sleep. Its camera monitors and analyzes sleep patterns in real-time, offering sleep insights, behavioral analysis, expert advice, and nightly video summaries. … Continue reading →

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High-performance electric engines

Posted on May 17, 2020

Israel’s IRP Systems develops energy-efficient high-performance engines and controllers for electric vehicles. The company uses its innovations previously developed for the aerospace industry, to reduce the cost of the new engines and aims to help accelerate the mass adoption of … Continue reading →

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