Monthly Archives: November 2023

Legendary success

Posted on November 26, 2023

Israel’s BioCatch (see here previously) has just achieved two milestones. A recent $70 million investment has given the startup a market value of over $1billion and “Unicorn” status. It has also reported recurring annual revenue of $100 million (51% growth) … Continue reading →

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Startups on the borders

Posted on November 26, 2023

Two Israeli startups, based at the devastated town of Sderot, are back in operation. BionicHIVE (robots in storage facilities) relocated to Beersheba thanks to Israel’s Robotican. Carrar was able to complete a tight deadline to produce a battery pack for … Continue reading →

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Security in cyber and real space

Posted on November 26, 2023

While Israel’s Lasso Security was raising $6 million in seed funding, one of its co-founders, Ophir Dror, is one of the more than 300,000 reservists who have been called up to the Israeli army. Lasso’s employees have been raising funds … Continue reading →

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Customers take a break

Posted on November 26, 2023

Israel’s Bank Hapoalim has allowed customers to defer loan and mortgage payments that total NIS 17.8 billion due to the war. It follows Bank of Israel’s order for banks to suspend repayments, fees, and interest for three months for residents … Continue reading →

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Robotic boost for shipping giant

Posted on November 26, 2023

Danish shipping and logistics giant A.P. Moller – Maersk has chosen Israel’s Fabric (see here previously) to establish its fully automated fulfillment center in Dallas, Texas. The advanced floor-to-ceiling system fills orders of single-picked items for same-day or next-day delivery. … Continue reading →

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Iron defenses

Posted on November 26, 2023

Israel made the first operational use its “Iron Beam” laser defense system. It successfully intercepted an incoming rocket fired by terrorists in the Gaza Strip at Israeli territory. Israel also used its high-accuracy “Iron Sting” GPS/laser-guided mortar for the first … Continue reading →

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Israeli supercomputer is so fast

Posted on November 26, 2023

Phase 1 of building Nvidia’s Israel-1 AI supercomputer is complete, two months ahead of schedule. It will be one of the world’s fastest AI supercomputers with 8 exaflops of peak AI performance and 130 petaflops of scientific computing and will … Continue reading →

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Upgrading anti-drone defenses

Posted on November 26, 2023

Upgrading anti-drone defenses. (TY OurCrowd) Israel’s Airobotics (see here previously) is upgrading its counter-UAS system, the Iron Drone Raider, for the IDF. Iron Drone’s unique integrated AI-based interception drone system allows for the elimination of small hostile drones and is … Continue reading →

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Identifying the good guys

Posted on November 26, 2023

Financial services companies waste so much time and upset customers when checking for money laundering by focusing on legitimate transactions instead of dubious ones. Now Israel’s Redefine Intelligence (see here previously) uses AI to analyze sources of funds and avoid … Continue reading →

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Award-winning security

Posted on November 26, 2023

Israel’s Seal Security has been named winner and leading provider in the Application Security category at the 2023 CISO Choice Awards. Seal Security’s platform allows developers to simplify and automate the process of fixing open-source vulnerabilities. https://nocamels.com/2023/11/israeli-startup-wins-for-application-security-at-ciso-choice-awards/ https://www.seal.security/

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