Monthly Archives: March 2021

Another Unicorn

Posted on March 14, 2021

Israel’s Aqua Security (reported here previously) has just raised $135 million at a market valuation of $1 billion.  This makes it another Israeli company with the financial status of a “Unicorn”. https://en.globes.co.il/en/article-israeli-co-aqua-security-raises-135m-at-1b-valuation-1001363589

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PayPal acquires Curv

Posted on March 14, 2021

PayPal is to acquire Israeli crypto security Curv (reported here previously) for nearly $200 million. Curv will join PayPal’s newly formed blockchain, crypto and digital currencies business unit. https://en.globes.co.il/en/article-paypal-buys-israeli-digital-asset-security-co-curv-1001363282

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The Next takeover

Posted on March 14, 2021

Just three months after acquiring Denver-based Juniper Labs, Israel’s Next Insurance is buying another US company – digital insurance agency AP Intego. The acquisition will double Next’s annual revenue to some $400 million, add 160 employees to its current 400 … Continue reading →

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Israel’s robust tech ecosystem

Posted on March 14, 2021

The recent IVC report on the Israeli tech ecosystem from 2015 to 2020 reveals that Covid-19 hit the Startup Nation hard in the first half of 2020. But investments bounced back in the second half, so that 2020 investment in … Continue reading →

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Another rise in currency reserves

Posted on March 14, 2021

Israel’s reserves of foreign currency reached another record level at the end of February. The total of just over $185 billion was $5.59 billion more than the total at the end of January. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/07-3-21.aspx

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Out of this world

Posted on March 14, 2021

Israel’s Ramon.Space develops small, low-power, high-capacity space super-computers and systems. Their remotely programmable radiation-hardened microchips can withstand extreme temperatures and have been deployed in over 50 international missions, including to the Sun, Mars and Jupiter, with zero failures. https://www.calcalistech.com/ctech/articles/0,7340,L-3894650,00.html https://www.ramon.space/

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A mini diaper washing machine

Posted on March 14, 2021

Some 258 billion used diapers are sent to landfills every year. Now Israel’s Alon Cohen has invented a cleaning and storing system for reusable diapers. PIKA doubles as a diaper bin and can wash and sanitize 1-10 diapers. No pre-cleaning … Continue reading →

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A safe shower

Posted on March 14, 2021

Israel’s Safe Shower has developed a shower head with a continuous disinfection unit that minimizes the risk of Legionnaires’ disease and other bacteria-born diseases. Safe Shower’s device was chosen as one of 50 promising inventions in the 2020 Blue Tulip … Continue reading →

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Next-gen video analytics

Posted on March 14, 2021

Israeli AI chipmaker Hailo (reported here previously) has partnered Amazon Web Services, Leopard Imaging and Socionext to launch EdgeTuring – a next-generation AI processing solution for video analytics. Applications include smart retail, smart devices, industrial automation, and more. https://www.calcalistech.com/ctech/articles/0,7340,L-3896666,00.html

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An AI automated camera

Posted on March 14, 2021

Israel’s Pixellot has launched Air, an AI-automated camera co-developed with FC Barcelona. Portable and lightweight it provides performance analytics to players and coaches. 12 hours of play can be recorded and instantly uploaded without the need for a camera operator, … Continue reading →

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