Monthly Archives: March 2025

Prolific investor

Peregrine Ventures (see here previously) which specializes in life-changing medical technology investments in Israel and around the world, is the most active investor in Israel in the health technology sector over the past year. It made 15 healthcare investments in … Continue reading

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Record profits for Israeli Banks

Bank Leumi’s 2024 profits rose 40% to NIS 9.8 billion. Bank Hapoalim’s +3.7% to NIS 7.6 billion. Bank Mizrahi Tefahot’s +11% to NIS 5.5 billion with a NIS 2.2 billion dividend. The Bank of Israel has told the banks to … Continue reading

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Deficit narrows

Israel’s fiscal deficit has fallen sharply from 6.9% of GDP in the twelve months to the end of Dec 2024 to 5.8%, or NIS 115 billion, in the twelve months to the end of Jan 2025. It follows an all-time … Continue reading

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Smart energy

Israel’s Contel Smart Energy was established as Contel Technologies in 1964. Its projects include at Rambam hospital, Hadera power station, power plants in Spain, and Kibbutz Zeelim’s 120MW PV plant. It has now launched Energynie, an AI-based platform to manage … Continue reading

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The gene that controls the scent of flowers

Hebrew University researchers have found that a single gene, PhDEF, previously recognized for its role in petal formation, also plays a key part in activating scent production in later stages of flower development. It has major implications for the fragrance … Continue reading

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Giving apple growers the PIP

Israel’s BeeHero (see here previously) has expanded its Pollination Insight Platform (PIP) to the apple market. “Apples are very sensitive for on-time pollination,” said Itai Kanot, co-founder and chief growth operator for BeeHero. And bees are sensitive to cold weather. … Continue reading

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Google’s new chip

Google is expanding its chip development operations in Israel. It is currently hiring dozens of employees to develop a new network interface card (NIC) – a basic component for communications between core processors and graphics processors for AI processing. https://en.globes.co.il/en/article-google-israel-hiring-dozens-of-engineers-to-develop-ai-chip-1001503781

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AI tools to combat antisemitism

Israeli and Jewish tech innovators and organizations are developing new AI-powered tools and initiatives to counter misinformation and antisemitism online. They include Generative AI for Good, Bottom Line, Reasonate, Facts Commando, and Atchalta. https://www.atchalta.com/ https://www.jns.org/new-ai-tools-emerge-to-combat-antisemitism/ https://www.generativeaiforgood.com/ https://bottomlinemedia.org/ https://reasonate.vayomar.com/ https://facts-commando.com/

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Resolving disinformation in seconds

Israel’s Cyabra (see here previously) a leading AI platform for real-time disinformation detection, has launched Insights. This powerful new AI-feature is designed to transform complex social media disinformation data into clear, actionable answers in seconds. https://www.ourcrowd.com/startup-news/cyabra-launches-ai-powered-insights-feature-safeguarding-brands-and-governments-against-ai-driven-digital-disinformation

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720 new engineers

Following last week’s video about Tel Aviv’s Afeka College (see here previously) the college has just graduated a record 720 new engineers. Some 44% of its students, plus faculty and staff, have been serving in the reserves, supported by a … Continue reading

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