Author Archives: MichaelOrdman

Supporting farmers

Posted on June 23, 2024

Social lending enterprise Ogen (see here previously) has partnered with Israeli charity Leket to create the Farmers’ Immediate Relief Track. It provides 3% loans up to NIS 300,000 over 5 years. For farmers wishing to expand their business, the Long-Term … Continue reading →

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Revolutionizing the food preservatives market

Posted on June 23, 2024

Israel’s Bountica (see here previously is working with global bakery ingredients and chocolate company Puratos to use Bountica’s “ProServative” proteins in the food industry. These protein anti-microbials are far safer than current food preservatives. https://agfundernews.com/bountica-harnesses-nutritional-immunity-to-disrupt-food-preservatives-market

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Startup investment – to 23/6/24

Posted on June 23, 2024

Insightec raised $150 million; Semperis raised $125 million (new Unicorn); Zencity raised $40 million; Finaloop raised $35 million; Aim Security raised $18 million; Entro Security raised $18 million; PointFive raised $16 million; Fhenix raised $15 million; BlinqIO raised $5 million; … Continue reading →

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Exits, takeovers and mergers – to 23/6/24

Posted on June 23, 2024

Israel’s Gilat Satellite Networks is acquiring Stellar Blue.

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Most promising enterprise software startups

Posted on June 23, 2024

You probably didn’t know about these 5 Israeli “startups to watch in 2024” previously – even though their funding has been included in this newsletter. So, if you want to know what Trullion, Frontegg, Volumez, Bridgewise, and Port (GetPort) do, … Continue reading →

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A financial accounting service to suit you

Posted on June 23, 2024

Israel’s Finaloop offers a fast automated accounting and bookkeeping system. It can also provide a complete third-party financial management service. https://nocamels.com/2024/06/ecommerce-accounting-platform-secures-35m-in-funding/ https://www.finaloop.com/services

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Building Jerusalem

Posted on June 23, 2024

Jerusalem’s construction boom will attract more businesses and residents to Israel’s capital. It includes the city entrance (1-3 million sqm), K complex (100,000sqm), Marom Tower (40,000sqm), plus the regional district, old Shaare Zedek, Givat Shaul, Talpiot, Har Hotzvim, Givat Ram, … Continue reading →

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A remote chauffeur

Posted on June 23, 2024

Israel’s Ottopia (see here previously) has certainly accelerated since last featured in this newsletter. Watch the video to see how Ottopia’s Advanced Tele-Driver Assistance System (ATAS) can find parking, drop-off, pick-up, or be a chauffeur. Clients include Deutsche Telekom, Hyundai … Continue reading →

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To fertilize or not

Posted on June 23, 2024

Croptune from Israel’s Agriot can determine the nitrogen content in a plant from an image and judge how much nitrogen-rich fertilizer it needs. The farmer downloads the Croptune Apple / Android app; enters the crop type & location; takes photos … Continue reading →

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A quantum alliance

Posted on June 23, 2024

Israel’s Classiq (see here previously) has partnered with Hewlett Packard. Classiq’s synthesis engine uses HP’s Cray supercomputer to synthesize Quantum Approximate Optimization Algorithm (QAOA) circuits.  And no, I have absolutely no idea why that is important to quantum computing, but … Continue reading →

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