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Monthly Archives: June 2024
Startup investment – to 2/6/24
Firefly.ai raised $23 million (co-founder murdered on Oct 7); Orca AI raised $23 million; Unlimited Robotics raised $5 million.
Posted in Economy & Business
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Exits, takeovers and mergers – to 2/6/24
Israel’s CyberArk is acquiring US-headquartered Venafi for $1.54 billion.
Posted in Economy & Business
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Can you trust an on-line company with your data
Israel’s Hoggo has created an AI-driven platform that combs through and assesses a company’s publicly available policies on consumer protection. It creates a privacy passport and grade that prospective online buyers and sellers can read to decide if they can … Continue reading
Posted in Economy & Business
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Google’s AI lifeline fund
Google’s AI Lifeline fund (see here previously) is supporting several cash-strapped Israeli startups. They include MagniLearn, NeuroBrave, and IXDen. https://www.calcalistech.com/ctechnews/article/h1gxl6m6p
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Robots for the US Marines
Israel’s Roboteam (see here previously) has won another US order – this time to supply 200 Micro Tactical Ground Robots (MTGR) to the US Marine Corps. The MTGR is a lightweight tactical all-terrain robot equipped with 360-degree imaging cameras. The … Continue reading
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They all want Arrow 3
One month after Iran’s missile assault on Israel, and Israel’s Arrow 3 defense system is now in very high demand. Many countries are negotiating with Israel’s Aerospace Industries. Germany (see here) recently bought the system for $3.5 million (see here … Continue reading
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3 huge new towers for Tel Aviv
In another sign of a vibrant, growing economy, in 2026 Carasso Group will start building 3 towers in Tel Aviv, each of 41-48-floors. The 410 housing units will include 144 affordable homes, as well as some 120,000 sq meters of … Continue reading
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Paint that kills pathogens
Israel’s Nirlat’s Kibbutz Nir Oz paint factory was destroyed on Oct 7. But together with Israel’s Nanosono (see here previously) it created Aquanir Active Shield – an acrylic paint that eliminates almost all bacteria, viruses, and molds. It is already … Continue reading
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Redefining the dairy industry
Israel’s Yotvata (see here previously) has partnered with Israel’s Mileutis (see here previously) to make the milk industry more sustainable. Yotvata’s Dairy Farm management system, plus Mileutis’ Imilac product creates healthier, happier cows that produce better quality milk without antibiotics. … Continue reading
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Putting AI into Excel
Israel’s DataRails (see here previously) has developed FinanceOS, a financial planning and analysis (FP&A) platform that integrates artificial intelligence into the Excel program. It connects Excel securely to the company’s cloud systems and then automates the updating of spreadsheets with … Continue reading
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