Monthly Archives: January 2025

We built an igloo!

Posted on January 19, 2025

Due to a “navigation” error, three Israeli snowboarders were trapped at the summit of a freezing mountain in Japan for nearly 24 hours. The men, who are all IDF reservists, couldn’t be rescued immediately because of weather conditions. So they … Continue reading →

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Young basketballers come to Israel

Posted on January 19, 2025

Maccabi Israel Sports Experience has brought a team of half a dozen young talented internation basketball players to live, train and play at Maccabi World Union’s campus in Ramat Gan,  Israel. Several have long-term dreams of playing in Israel professionally. … Continue reading →

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Favorite cities to visit

Posted on January 19, 2025

Travel + Leisure Readers’ 10 Favorite Cities in Africa and the Middle East of 2024 included Jerusalem at number 3 and Tel Aviv at number 8. https://www.travelandleisure.com/wba-2024-cities-africa-middle-east-8665810

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Desert sculpture park

Posted on January 19, 2025

The Desert Sculpture Park lies just east of Mitzpeh Ramon on the edge of the Ramon Crater. The 22 works were created by local and international artists who used the large, heavy rocks found locally to excite the senses.  It … Continue reading →

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Nvidia’s $500 million AI R&D lab

Posted on January 19, 2025

Chip giant Nvidia is to invest more than $500 million in a new Israeli AI research data lab. The 10,000 sqm facility at the Mevo Carmel Science and Industry Park near Yokne’am, will be among the “largest, most powerful data … Continue reading →

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Women funding women

Posted on January 19, 2025

Israel’s Women Funding Women program is the first of its kind to connect women entrepreneurs with top-tier women investors to address the funding gap in AI. Until Feb 4, WFW offers a $1M investment to support women-led AI startups, which … Continue reading →

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Startup investment – to 19/1/25

Posted on January 19, 2025

Orchid Security raised $36 million; Qbiq raised $16 million; Reeco.io raised $15 million; Lava Network raised $12 million; Nilus raised $10 million; ControlMonkey raised $7 million; Spikerz raised $7 million; Momentick raised $5 million;

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Exits, mergers & acquisitions – to 19/1/25

Posted on January 19, 2025

US blockchain giant Chainalysis acquired  Israel’s Alterya (its second Israeli takeover in a month) for an estimated $150 million. Chinese tech giant Lenovo has acquired Israeli enterprise storage company Infinidat, which was valued at over $1 billion;  Lenovo plans to … Continue reading →

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Upper Galilee hotel re-opens

Posted on January 19, 2025

The Galilion in Israel’s Hula Valley is set to become the first hotel in Upper Galilee to resume operations following a 14-month closure due to the war. The hotel has undergone an extensive NIS 5 million renovation, emerging as a … Continue reading →

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Four awards for ThetaRay

Posted on January 19, 2025

Israel’s AI-driven financial crime detection company ThetaRay (see here previously) recently received four prestigious industry awards. Deloitte Technology Fast 500, CrossTech Product Innovation Award, Top 100 Financial Technology Company, and a Banking Tech Award. https://www.businesswire.com/news/home/20241217468879/en/ThetaRay-Caps-Off-Year-of-Growth-with-Four-Prestigious-Award-Wins

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