Monthly Archives: February 2024

$9.6 million BIRD Foundation grant

The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation has granted $9.6 million to 10 joint projects. The Israeli companies are Celleste Bio, CENS Materials, Diptera.ai, Opmed.AI, Hypervision, Imagindairy, IAI, LahakX, Tissue Dynamics and Sheba hospital. https://www.calcalistech.com/ctechnews/article/s13hssx56

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Smiling again

Oracle CEO Safra Catz, the US’s top-earning female tech billionaire, granted every Oracle employee in Israel a bonus for the difficulties they are facing. During her week-long visit to Israel, she revealed that her husband said that on Oct 7 … Continue reading

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Startup investment – to 11/2/24

Ionix raised $42 million; Oobit raised $25 million; Sensos raised $20 million; Octup raised $4 million;

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More investment

The $473 million startup investment funding in Jan 2024 was 75% higher than Jan 2023. https://www.calcalistech.com/ctechnews/article/hjh8ngy9p

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One financial app to rule them all

It’s not there yet, but Israel’s Sequence looks a very useful future platform to manage all personal finances in one place. Keep track of bank accounts, investments, credit cards, loans etc. Automate regular financial activities, reduce debts, get the best … Continue reading

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Satellite tech for US Defense

Israel’s Gilat Satellite Networks (see here previously) has won a $10 million follow-on order from the US Department of Defense to supply more of its DKET 3421 terminals. Deploying in less than three hours, the DKET 3421 provides a satellite … Continue reading

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Bringing cardiac ultrasound to Asia

Israel’s UltraSight (see here previously) has partnered with South Korean medical device manufacturer Selvas Healthcare to introduce the Israeli’s AI-powered cardiac ultrasound diagnosis system into the Asia market. It should help combat the increase of cardiovascular disease in Korea. https://nocamels.com/2024/02/korean-firm-bringing-israeli-ultrasound-software-to-local-market/

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Finding the best employment for evacuees

The 710 West initiative, set-up by an all-women team, motivates and encourages evacuees of the western Negev to seek employment. Its personal and professional support helps them find the right fit of employer and suitable work, even though many are … Continue reading

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Women-led startups in the south

Israeli NGO Yazamiyot (see here previously) and Arieli Capital held an event at Microsoft’s offices in Be’er Sheva to discuss how to support female-led startups in the south. When partners are called up, women entrepreneurs often must manage both the … Continue reading

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Israel Resilience Fund progress report

Global venture investing platform OurCrowd presented progress of its Resilience Fund (see here previously) supporting war-impacted but high-potential Israeli startups. It has now invested in 22 startups – many building products to help win the war or have 50-100% of … Continue reading

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