Author Archives: MichaelOrdman

Israel’s largest rental deal

Google is to lease some 60,000 square meters in Tel Aviv’s ToHa2 Tower at an annual rental of NIS 115 million. The tower is still under construction – due to be completed in early 2027. It will be the largest … Continue reading

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Big demand for counter-drone defense

Israel’s D-Fend Solutions (see here previously) is expanding its US presence due to growing demand. D-Fend’s anti-drone systems have been installed worldwide by militaries, law enforcement and homeland security agencies, and even major international airports. https://nocamels.com/2024/06/maker-of-counter-drone-tech-expands-in-us-due-to-demand/

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Startup investment – to 7/7/24

Sendblocks raised $8.2 million; CogniFiber raised $5 million.

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Partnership to secure smart cars

Israel’s Argus (part of Germany’s Continental AG) has partnered with Microsoft to develop a next generation, end-to-end platform for automotive and mobility security. The Argus Vehicle Security Platform, plus Microsoft’s software and GenAI, secure software-defined vehicles (SDVs). https://nocamels.com/2024/06/israeli-firm-microsoft-create-new-automotive-cybersecurity-platform/ https://argus-sec.com/company/newsroom/press-releases/argus-cyber-security-collaborates-with-microsoft-to-redefine-next-generation-automotive-security/  https://argus-sec.com/company/about/

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Driving economic recovery in the North

Startup Nation Central is partnering with Tzafon Medical Center near Tiberias to help drive economic recovery in northern Israel. Startup Nation Central will help Tzafon train medical staff, create global partnerships, and connect to the local and global health tech … Continue reading

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3-week response

eHealth Ventures specializes in early-stage health tech startups. It operates a fast-track investment program that promises a response to all investment requests within three weeks. A positive response guarantees an investment of NIS 3 – 3.5 million within three months … Continue reading

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$80 million Korean fund

The South Korean NHOC Global Open Innovation fund will invest in DeepTech (engineering and scientific innovation) startups in Israel & South Korea. It will be one of the largest international investment funds, aiming to invest $80 million in some 30 … Continue reading

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Best funding quarter in two years

Israeli startups raised $1.9 billion in funding in the second quarter of 2024 – its best quarter since Q4 2022. A further $1 billion was raised by Wiz – the highest raised in one round in Israeli history. https://www.calcalistech.com/ctechnews/article/s1fo1ac8r

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The best speech to text

Israel’s aiOla (see here previously) won the “Best Speech to Text Solution” award at the annual AI Breakthrough Awards. aiOla’s Natural Language Processing and Automatic Speech Recognition accurately interprets complex jargon, acronyms and accents in 100 languages, regardless of background … Continue reading

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Turning wastewater into protein

Israel’s Fabumin (see here previously) purifies the wastewater discharged from the vegetable processing industry, extracting the “mud” to make “aquafaba” – an egg substitute. Clean water and “no-chicken” eggs. https://nocamels.com/2024/06/no-yolk-egg-alternative-made-from-aquafaba-tastes-like-real-thing/ https://www.youtube.com/watch?v=jFGoUBApbQY

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