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Monthly Archives: September 2021
Israeli success at the Paralympics
Israeli swimmers won 6 golds at the 2020 Tokyo Paralympic Games. Mark Malyar broke 2 world records, winning 2 golds and a bronze. Ami Dadaon won 2 golds and a silver. Iyad Shalabi is the first Arab Israeli medal winner … Continue reading
Butterfly of peace
The western pigmy blue butterfly (a native of the USA) has been discovered thriving in Israel’s Dead Sea resort. One theory is that its larvae were in a pot plant brought to the UAE by a US State Department official … Continue reading
Jerusalem goes to the movies
After many postponements, the 38th annual international Jerusalem Film Festival took place from Aug 24th to Sep 4th. Over 200 films were shown, starting with “Where is Anne Frank” and included a free film every night showing in various Jerusalem … Continue reading
Human capital fund for hi-tech training
The Israel Innovation Authority (IIA) is to launch a Human Capital Fund program. It anticipates providing NIS 30 million to support companies with up to 70% of their models to help train and place reskilled Israeli employees (especially immigrants and … Continue reading
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3D printed vegan burgers for US colleges
Israel’s SavorEat (see here previously) has partnered US-French food company Sodexo, to launch its kosher, vegan, gluten-free, allergen-free 3D-printed burger patties in the US. A pilot will commence at US universities where Sodexo already operates. https://www.timesofisrael.com/israels-savoreat-to-launch-us-pilot-offering-3d-printed-plant-based-burgers/
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Investment in Israeli startups (5/9/21)
Melio raised $110 million; Upstream Security raised $62 million; Foretellix raised $32 million; Balance (GetBalance.com) raised $30 million; Fieldin raised $30 million; Jifiti raised $22.5 million; PayEm raised $20 million; Sayata Labs raised $17 million; Walnut raised $15 million; Antidote … Continue reading
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Melio becomes a Unicorn
Israel’s Melio (see here previously) has just raised $110 million at a valuation of $1.3 billion, giving it the financial status of a Unicorn. The company is still raising funds and it expects to triple in value soon. https://www.calcalistech.com/ctech/articles/0,7340,L-3916705,00.html
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CartiHeal exits for half a billion
US giant Bioventus is acquiring Israel’s CartiHeal (see here previously) for $500 million. The decision came after a pivotal clinical trial of CartiHeal’s Agili-C knee cartilage implant. https://www.calcalistech.com/ctech/articles/0,7340,L-3916642,00.html
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DSPG exits for $600 million
US electronics giant Synaptics announced it is acquiring Israel’s DSPG (see here previously) for about $600 million. DSPG is one of Israel’s oldest high-tech companies. Its voice recognition technology is embedded in Amazon’s Alexa interfaces, Google earphones, smart TVs and … Continue reading
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An Israeli cyber takeover
Israeli-founded cyber security giant Check Point is acquiring Israel’s Avanan, a provider of cloud email security for some $300 million. Avanan’s technology will integrate with Check Point’s threat prevention software capabilities “to deliver the world’s most secure email security offering”. … Continue reading
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