Monthly Archives: January 2024

$120 million fund for deep tech

Posted on January 25, 2024

Israeli-European venture capital firm Cardumen Capital has raised $120 million for its second deep tech fund to invest in early-stage Israeli startups. The Israeli-European VC will select companies in fields such as AI, cybersecurity, big data, and information technologies. https://www.calcalistech.com/ctechnews/article/rkcejrbta

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$250 million for early growth

Posted on January 25, 2024

Israel’s Red Dot Capital Partners (see here previously) has completed the funding of its third Israeli fund. It has over $200 million to invest in earl growth startups working across the Israeli tech industry sectors, including enterprise software, fintech and … Continue reading →

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Not a bad year

Posted on January 25, 2024

The IVC-LeumiTech Israeli Tech Review 2023 has just been published. In summary, considering that Israel is at war, the Israeli tech ecosystem kept going well. High-tech capital raising was stable; foreign investors were not scared by the war and increased … Continue reading →

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NIS 1.2 billion to support hi-tech

Posted on January 25, 2024

Israel’s latest aid for startups includes a huge fund to invest in deep tech breakthrough scientific developments. It ranges from 50% of a pre-seed round to NIS 50 million for series A rounds. Startups with women, Haredi, or Arab entrepreneurs, … Continue reading →

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Israel’s cultured meat is a “Game” changer”

Posted on January 25, 2024

In a landmark event, Israel has approved Israel’s Aleph Foods to sell its cultured (kosher / parve) beef to the public. (The USA and Singapore previously only approved cultivated chicken.) Aleph Farms hopes to roll out its Black Angus Petit … Continue reading →

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From the Battleground to the Showground

Posted on January 25, 2024

The IDF gave permission to the founders of several Israeli tech startups to fly on a specially chartered El Al plane to CES 2024 in Nevada to demonstrate their innovative products to the world. Visionary.ai CEO Oren Debbi will return … Continue reading →

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Boosting cultivated meat production

Posted on January 25, 2024

Israel’s ProFuse Technology has launched ProFuse -S1 – a supplement that accelerates muscle cell development in the cultivated meat industry. In the future it could also benefit the rehabilitation of human muscle cells. https://www.prnewswire.com/il/news-releases/profuse-technology-revolutionizes-skeletal-muscle-research-with-groundbreaking-media-supplement-profuse-s1-302035743.html

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Eldercare robot gets AI upgrade

Posted on January 25, 2024

Israel’s Intuition Robotics (see here previously) has just launched ElliQ 3 – the generative AI version of its ElliQ companion robot desk lamp. The company notes, “Now users can discuss a virtually infinite number of topics in a more natural … Continue reading →

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Cleantech 100 companies

Posted on January 25, 2024

International research and consulting company Cleantech Group has issued its 15th annual Global Cleantech 100 list. It included Israel’s BeeHero (see here previously) in the Agriculture & Food category. Israel’s Copprint (see here previously) was cited in the Materials & … Continue reading →

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Returning to space

Posted on January 25, 2024

Israel Space Week (see here previously) is making its return from Jan 28 to Feb 2, with special events held for Israeli evacuees and for IDF reservists. Conferences will feature leading Israel’s space professionals, such as Israel’s 2nd astronaut Eytan … Continue reading →

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