Monthly Archives: November 2024

Plastic alternative that dissolves

Posted on November 17, 2024

Israel’s Solutum has developed plastic that biodegrades completely in water. It recently won awards, raised $11.5 million in finance, partnered Germany’s Pester, and won major orders. https://www.israel21c.org/the-plastic-alternative-that-dissolves-safely-in-water/ https://www.solutum.co/news https://www.youtube.com/watch?v=nhww2CcJKKc

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Compostable packaging from rice waste

Posted on November 17, 2024

Israel’s TIPA (see here previously) has introduced a groundbreaking fully compostable and recyclable tray crafted from waste product of rice. The trays be disposed of in compost bins in homes, and also in the recycling bin too, alongside paper. https://www.waste360.com/sustainability/tipa-launches-packaging-made-from-rice-waste … Continue reading →

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Digitizing Beta Israel manuscripts

Posted on November 17, 2024

Israel’s National Library is to launch a project to digitize dozens of sacred texts of Beta Israel – the Ethiopian Jewish community. High-resolution digital scans of the documents (written in Ge’ez, the ancient language used in Ethiopia) will be generated … Continue reading →

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Jiu-jitsu gold

Posted on November 17, 2024

Israel’s Daniel Boaron, 13, won the 2024 Ju-Jitsu World Championship (under-14, under-48 kg) in Crete after his final opponent from the UAE was disqualified for an offensive gesture at the end of the match. https://worldisraelnews.com/israeli-teen-wins-jiu-jitsu-gold-medal-after-emirati-opponent-gets-disqualified-for-threatening-gesture/

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US Ambassador displays Israeli resilience art

Posted on November 17, 2024

Outgoing US Ambassador to Israel, Jack Lew, has filled his Jerusalem home and office with the works of artists who have been affected by the Oct 7 Hamas terrorist invasion. “This artwork shows that dreams come true if people work … Continue reading →

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Foreign currency reserves reach new heights

Posted on November 17, 2024

Israel’s foreign exchange reserves at the end of September 2024 stood at a record $220,377 million – an increase of nearly $3 billion from their level at the end of the previous month. The increase was due to a revaluation … Continue reading →

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Defense system for US tanks

Posted on November 17, 2024

The US has awarded Israel’s Elbit Systems a $127-million follow-on contract to supply Iron Fist Active Protection Systems (APS) for its Bradley infantry fighting vehicles (IFVs). General Dynamics will upgrade the US Army’s Bradley M2A4E1 IFVs over a period of … Continue reading →

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Startup investment – to 17/11/24

Posted on November 17, 2024

Upwind Security raised $100 million; ScaleOps raised $58 million; PointFive raised $20 million; Bluespine has raised $7.2 million;

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Exits, mergers & acquisitions – to 17/11/24

Posted on November 17, 2024

Israeli-founded Plarium was acquired by Sweden’s Modern Times Group for up to $820 million from Australia’s Aristocrat which bought Plarium in 2017 for around $500 million. Finland’s Nokia has acquired Israel’s RapidAPI for an undisclosed sum. Israel’s Silverfort has acquired … Continue reading →

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Saving costs for self-insured employers

Posted on November 17, 2024

The cost reduction solution from Israel’s Bluespine helps self-insured employers to lower annual healthcare spending while mitigating financial and legal risks around plan administration. Bluespine’s AI helps identify, recover, and prevent overbilled medical claims. https://www.calcalistech.com/ctechnews/article/rytyz11fgjx https://www.bluespine.io/

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