ScaleOps raised $15 million; Salvador Technologies raised $6 million;

US Okta is acquiring Israel’s Spera Security for $100 million;

Israel’s Kando (see here previously) has begun a six-month pilot project to monitor municipal wastewater systems and facilities in Phoenix Arizona. Kando’s sensors will detect irregularities caused mainly by illegal dumping at industrial sites. https://www.signalsaz.com/articles/phoenix-turns-to-artificial-intelligence-for-improved-wastewater-monitoring/

Israeli social impact high tech venture Place-IL (see here previously) is leading an $15 million initiative, along with Google, Nvidia and others  to create 400 high-tech jobs in war-affected Gaza border towns.  Hi-tech will be crucial for building resilience and … Continue reading →

Global digital investment platform, OurCrowd, has approved the first 8 investments from its $50 million Resilience Fund (see here previously). The companies include BlueTree, Carrar, Edgybees, and Verobotics. https://www.calcalistech.com/ctechnews/article/rk0exoxwp

Businesses such as fashion store chain Castro had put 30% of its 4,500 employees on unpaid leave in October due to falling sales at the outbreak of the war. Castro has now re-engaged 90% of those furloughed staff, as shoppers … Continue reading →

Microsoft is one of 370 multinationals with development centers in Israel. It has some 2,700 employees and earned a whopping NIS 3.5 billion for Microsoft in 2023. The Israeli R&D team has just announced its new real time automatic attack … Continue reading →

Israeli President Herzog is to pardon monetary fines for war-affected families who face severe financial hardship. The scheme was advanced in response to Druze leader Sheikh Muafak Tarif’s request during Herzog’s visit to bereaved families in the Druze and Bedouin … Continue reading →