Monthly Archives: February 2021

The first Israeli bank digital wallet

Posted on February 28, 2021

Israel’s Bank Hapoalim has launched its new digital wallet, allowing customers to pay at stores by simply touching their smartphone to the checkout device. Bank Leumi and Israel Discount Bank, plus supermarket chains Shufersal and Rami Levy are also said … Continue reading →

Posted in Economy & Business | Leave a comment

Fashion retailer launches tech accelerator

Posted on February 28, 2021

Israeli retailer Fox-Wizel has launched Fox Labs, an accelerator for companies and entrepreneurs that are active in the retail-tech sector. It is seeking startups to invest in, partner with and that can test and implement technology, solutions and products in … Continue reading →

Posted in Economy & Business | Leave a comment

European VC giant makes first Israeli investment

Posted on February 28, 2021

EQT Private Equity, the giant European Venture Capital fund, has invested in its first Israeli company – cybersecurity startup EVC. EVC’s flagship product, Hyver, uses advanced algorithms and graph modeling to assess an organization’s security, as well as third-party vendors. … Continue reading →

Posted in Economy & Business | Leave a comment

Huge surge in job openings

Posted on February 28, 2021

The OurCrowd jobs index at the end of 2020 shows its Israeli portfolio of companies has seen a 400% increase in vacancies from six months earlier. Software engineers are most in demand. https://blog.ourcrowd.com/ourcrowd-job-index-q4-2020/

Posted in Economy & Business | Leave a comment

Campus satellite launches into space

Posted on February 28, 2021

TAU-SAT1, Tel Aviv University’s first nanosatellite, launched into space from Virginia, USA on its way to the International Space Station. When placed into orbit TAU-SAT1 will conduct several experiments, including measurement of the cosmic radiation around the Earth. https://www.jns.org/tel-aviv-university-nanosatellite-reaches-orbit/ https://youtu.be/ztLxqAAezyw?t=3130 … Continue reading →

Posted in Science & Technology | Leave a comment

VeryGoodNewsIsrael on zoom

Posted on February 28, 2021

This newsletter editor gave his first-ever zoom presentation “Good Times, Better Times” last week, focusing on some of Israel’s groundbreaking technological innovations.  Luckily, the recording doesn’t reveal his shaking legs! https://www.youtube.com/watch?v=aqO4dEybrdo

Posted in Science & Technology | Leave a comment

Beating bad bots

Posted on February 28, 2021

Israel’s PerimeterX defends web businesses with Bot Defender, Code Defender, and Page Defender. It says it proactively managed threats to $100 billion of e-commerce revenue in 2020. https://www.calcalistech.com/ctech/articles/0,7340,L-3895220,00.html https://www.youtube.com/watch?v=m2okUkK0A2A https://www.perimeterx.com/

Posted in Science & Technology | Leave a comment

Simulating physical stores online

Posted on February 28, 2021

Israel’s ByondXR is helping Coca-Cola, Target, Lancôme and other major brands and retailers to re-create the physical shopping experience for customers, but on the Internet. It immerses the customer and brings stores to life virtually. https://www.timesofisrael.com/spotlight/israeli-startup-helps-coca-cola-lancome-and-big-brands-recreate-shops-online/ https://www.byondxr.com/ https://www.youtube.com/watch?v=417sNdCxuNo https://www.youtube.com/watch?v=pzK_NJkh6Ic

Posted in Science & Technology | Leave a comment

Preventing Avian flu

Posted on February 28, 2021

Israel’s eggXYt uses a gene-editing platform to develop genetic resistance in chickens against avian influenza. eggXYt (reported here previously) has also developed an ultrasound egg check that spares male chicks from being hatched. MIT selected eggXYt for its Sustainable Food … Continue reading →

Posted in Science & Technology | Leave a comment

Light up your workout

Posted on February 28, 2021

Israel’s Blazepod (reported here previously) is now being used by some 300,000 athletes in 120 countries since its launch in mid-2019. Ideal for home workouts, BlazePod’s “Flash Reflex Training,” uses small LED “pods” that blink in eight colors to guide … Continue reading →

Posted in Science & Technology | Leave a comment