Monthly Archives: October 2024

1,600+ scholarships

Posted on October 27, 2024

Keren Kayemeth LeIsrael-Jewish National Fund (KKL-JNF) has established a scholarship fund for students in southern border communities. Many are evacuees and still in shock. Returning to studies is a form of rehabilitation. So far, some 1,670 students have received NIS … Continue reading →

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Back on their feet

Posted on October 27, 2024

Two articles describing wounded IDF soldiers who are bravely walking again after extensive hospital treatment and rehabilitation.  Major Rotem Shaked Aharon is fortunate to have his original legs, whereas Elisha Madan has two prostheses. https://unitedwithisrael.org/watch-severely-wounded-idf-soldier-leaves-hospital-on-own-two-feet/ https://www.israelnationalnews.com/news/397410

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Farm rehabilitates soldiers

Posted on October 27, 2024

Havat Rom (Rom Farm) some 30 miles from the Lebanese border, contains a farm-to-table restaurant and a glamping site. It also hosts a government rehabilitation program helping people with mental illnesses and disorders, including soldiers suffering post-traumatic stress disorder (PTSD). … Continue reading →

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Early Christian mosaic is exhibited

Posted on October 14, 2024

A 230 CE mosaic floor unearthed at Megiddo illustrates Israel’s importance as the birthplace of Christianity. The mosaic has gone on view at the Bible Museum in Washington DC. It includes an illustration of two fish and a very early … Continue reading →

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Average wages are still growing

Posted on October 14, 2024

In July 2024, the average monthly wage in Israel was NIS 13,683, up 6.7% from July 2023 and far in excess of inflation. In contrast, Israeli hi-tech monthly salaries (June figures) averaged NIS 32,215, up 8.1% from a year ago. … Continue reading →

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REE ramps up production

Posted on October 14, 2024

Israel’s REE Automotive (see here previously) has signed a supply chain deal with India’s auto parts maker Samvardhana Motherson to increase production. Motherson, supplies major car manufacturers in 44 countries, including Mercedes Benz, Audi, Volkswagen, BMW, Porsche, and GM. https://www.timesofisrael.com/israels-ree-inks-supply-deal-with-indian-auto-parts-maker-secures-45m-in-funds/

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Startup investment – to 13/10/24

Posted on October 14, 2024

Eon.io raised a total of $127 million; Nym Health raised $47 million; Qodo (previously CodiumAI) raised $40 million; Xtype raises $21 million; Air Doctor raised $20 million; Augmented Intelligence raised $10 million; Kando raised $10 million; Prime Security raised $6 … Continue reading →

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Exits, mergers & acquisitions – to 13/10/24

Posted on October 14, 2024

US Comply365 has acquired Israel’s Qualtero, a premier provider of training management solutions, especially aviation training.

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Google’s European AI accelerator

Posted on October 14, 2024

Google has selected three Israeli startups to join 12 others in its inaugural European Google for Startups Accelerator: AI First. They are Bagel AI, Dtect Vision, and Geneyx Genomex. The 10-week program includes mentoring from experts in Google Cloud and … Continue reading →

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The next Wiz?

Posted on October 14, 2024

Israel’s  Eon.io has emerged from stealth to announce the raising of another $77 million of funds ($127 million in under a year). It markets its systems as a breakthrough in cloud backup where you only backup what you need. The … Continue reading →

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