Kubiya raised another $6 million; DreaMed Diabetes raised $3 million;

Johnson & Johnson is to acquire Israeli medical device maker V-Wave for up to $1.7 billion. Israel’s Thetaray has acquired Europe’s Screena. US-based Applied Systems acquired Israel’s  Planck Resolution.

The AI voice bot from Israel’s Hi Auto (see here previously) is to be used to handle customer orders at hundreds of Bojangles drive-thrus. Bojangles has dubbed the technology “Bo-Linda”, which has already been implemented in over 50 of its … Continue reading →

Multinational Energean has announced that it will invest $1.2 billion to develop the Katlan gas field off Israel’s Mediterranean coast. It expects output to commence in 2027.  The field contains 1.10 trillion cubic feet of proven and probable gas reserves. … Continue reading →

US gian Palo Alto Networks increased its annual revenue by 16% to $8 billion fueled by two Israeli-based Next Generation System (NGS) products – the Cortex division and the Prisma Cloud division. Annual NGS revenue was $4.2 billion representing a … Continue reading →

Israelis will soon be able to choose which supplier to purchase electricity from, breaking the decades-old monopoly of the Israel Electric Company, Discounts on electricity bills could reach 20%, resulting in total savings to consumers of up to NIS 2 … Continue reading →

The InNegev Innovation Hub (see here previously) is an incubator for startups developing climate tech solutions. It has attracted startups including Emnotion, and BeAir, but supports startups across Israel. Partners include Netafim, the Israel Charitable Association, Alpha Capital and Lamed Holdings. … Continue reading →