Proving how crucial Israel’s hi-tech sector is to Israel’s economy, new data from the Innovation Authority reports that in 2021, high-tech workers and companies contributed 36% of the nation’s income tax revenue. Recent years are certain to show even higher … Continue reading →

Israel’s Wiz may have rejected a $23 million takeover offer from Google, but it said “that will do nicely” to a multi-million dollar investment from Japan’s SoftBank. Wiz recently recruited dozens of employees in Japan, Singapore, Australia, and New Zealand, … Continue reading →

Magenta Medical raised $105 million; Placer.ai raised $75 million; Chaos Labs raised $55 million; Dazz raised $50 million; Scopio Labs raised $42 million; Addionics raised $39 million; PayZen raised $32 million; Faye raised $31 million; Linx Security raised $27 million; … Continue reading →

Israel’s Outbrain acquired US-based Teads for $1 billion. Israel’s Payoneer acquired Singapore-based Skuad for a minimum of $61 million. Israel’s Fiverr has acquired Israel’s AutoDS. Israeli-American founded company Deel is acquiring the British start-up Hofy for an estimated $100 million. … Continue reading →

The BIRD Foundation has approved $6.55 million in funding for six new projects between Israeli and American companies. The Israeli startups are Amarel Embedded Solutions, CyberRidge, Datos Health, Groundwork BioAg, Quai.MD, and Quantum Art. https://www.calcalistech.com/ctechnews/article/bkxdm64tc https://www.cyber-ridge.com/ https://www.datos-health.com/ https://www.aes-connect.com/ https://www.quantum-art.tech/

Some 1.7 million Americans will now get insurance cover for the Nerivio REN migraine bioband from Israel’s Theranica. Health First Colorado, the state’s Medicaid (public healthcare) provider, will cover the upper arm wearable that releases neurotransmitters to the brain to … Continue reading →

It can be difficult for early investors or employees of a private company that isn’t traded on a stock exchange, to sell their shares. Israel’s Meitav is raising $100 million to buy those shares at realistic prices.  They will use … Continue reading →

Israel’s Vim amalgamates medical records from hundreds of disconnected US medical companies to recreate the Israeli system, bringing together providers and insurers in one electronic platform – facilitating treatments, referrals and payments at point of care. https://nocamels.com/2024/07/streamlining-us-healthcare-with-israeli-electronic-system-as-model/

Hilla Haddad Chmelnik (see Inclusive above) and others have established SAFEDOME – an emergency fund for early startups struggling after Oct 7. Angel investors invest up to half a million dollars in startups that meet strict financial conditions. See also … Continue reading →