Author Archives: MichaelOrdman

Startup investment – to 16th Mar 25

Cybereason raised $120 million; Pentera raised $60 million; Perfect raised $23 million; Exero Medical raised $12.7 million; Sawmills raised $10 million; QuamCore raised $9 million; Sola Security raised another $2 million; Israel’s Innovation Authority awarded nT-Tao $5 million over three … Continue reading

Posted in Economy & Business | Leave a comment

Exits, takeovers & mergers – to 16th Mar 25

Israel’s Matrix IT is to buy Israel’s Magic Software in a deal worth around $2.1 billion. California’s Menlo Security acquired Israel’s Votiro.

Posted in Economy & Business | Leave a comment

Wave energy for India

Israel’s Eco Wave Power signed a Memorandum of Understanding with India’s Bharat Petroleum to jointly develop wave energy projects across India. It will begin with a 100 kW pilot project at BPCL’s Mumbai Oil Terminals, with plans for larger commercial-scale … Continue reading

Posted in Economy & Business | Leave a comment

Cool Israeli tech implemented

SoftBank and Hon Hai Technology (Foxconn) have for the first time implemented the two-phase direct liquid cooling technology from Israel’s ZutaCore (see here previously) in an AI server using NVIDIA accelerated computing. https://insideainews.com/2025/02/28/softbank-zutacore-and-foxconn-join-on-rack-integrated-solution-with-liquid-cooling-for-nvidia-h200s/

Posted in Economy & Business | Leave a comment

Promoting Israeli tourism in Berlin

The Israeli pavilion at the International Tourism Bourse (ITB) fair in Berlin featured tour operators, hoteliers, airlines and more. Visitors could taste wine, experience a virtual tour Israel using Augmented Reality technology and had the chance to win a vacation … Continue reading

Posted in Economy & Business | Leave a comment

An economy on steroids

US Jewish venture capitalist Peter Kash made the prediction “By 2026, Israel will be an economy on steroids,” at the IATI MIXiii Health-Tech.IL Conference, Israel’s premier life sciences and health tech gathering. He was spot on in 2011 when he … Continue reading

Posted in Economy & Business | Leave a comment

The first low-sugar full-flavor orange juice

Israel’s BlueTree Technologies together with Israel’s Priniv has launched the world’s first commercially available reduced-sugar orange juice (33% less) with no additives. It is now available in Israeli supermarkets. https://www.prnewswire.com/il/news-releases/bluetree-technologies-and-priniv-launch-the-worlds-first-reduced-sugar-orange-juice-with-no-additives–available-in-israeli-supermarkets-starting-february-2025-302393114.html https://www.youtube.com/watch?v=nNVsU7HcfWM

Posted in Science & Technology | Leave a comment

Yes, we have new bananas

Israeli-founded, UK-based startup Tropic has developed a “new, better” version of the banana. Israeli scientists at the company have hardened the banana against Panama and black sigatoka diseases, prolonged shelf life, and reduced CO2 emissions from food waste. https://tropic.bio/ https://tropic.bio/people/

Posted in Science & Technology | Leave a comment

A 1 million qubit quantum computer

Israel’s QuamCore says it has developed a technology that can build a million-qubit computer in a 50 cm cube. According to the company, its technology drastically reduces both power consumption and costs from billions of dollars to just one million … Continue reading

Posted in Science & Technology | Leave a comment

Perfect recruitment with AI

Israel’s Perfect AI-powered platform for recruitment automates end-to-end processes to deliver faster, smarter, and fairer hiring. From candidate sourcing to interview scheduling, Perfect empowers recruiters to focus on human connection while the AI handles the rest. https://www.goperfect.com/

Posted in Science & Technology | Leave a comment