Author Archives: MichaelOrdman

Huge number of Unicorn founders from Israeli universities

Posted on February 18, 2024

Apart from US universities, Israeli universities are top of the world for producing alumni who launch startups that grow into billion-dollar companies. Tel Aviv was number 1 with 31 founders; Technion – 3rd (27); Hebrew U – 5th (23). BGU … Continue reading →

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Israel & Argentina sign innovative software agreement

Posted on February 18, 2024

On his first visit to Israel, Argentinian President Javier Milei signed an agreement with the Israel Latin America Network (ILAN) to develop innovative software and technologies. The President saw it as a major opportunity to advance Argentina’s economy. https://www.israelnationalnews.com/news/384943

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Canada approves “no cow” milk

Posted on February 18, 2024

Canada has given Israel’s Remilk approval to sell its animal-free milk protein, marking the first time the country has authorized such a product. Remilk previously received similar approvals in the US, Israel, and Singapore. https://www.prnewswire.com/news-releases/remilk-makes-history-as-first-animal-free-milk-protein-greenlit-for-use-in-canada-302053391.html

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Exits, mergers and takeovers – to 18/2/24

Posted on February 18, 2024

US cyber giant F5 has acquired Israeli cybersecurity Wib for “tens of millions of dollars.” Israel’s HiBob is acquiring British payroll platform Pento for $40 million. Israel’s Armis has acquired US-based CTCI for $20 million.

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Startup investment – to 18/2/24

Posted on February 18, 2024

Clarity-Sec raised $16 million; Lava Network raises $15 million; Seal Security raised $7.4 million;

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There goes the sun

Posted on February 18, 2024

Back in August, scientists at Israel’s Technion began work on the Cool Earth project aimed to build a gigantic sunshade made of Kapton, to block the Sun’s rays and cool the Earth. Now Professor Yoram Rozen, says they are ready … Continue reading →

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Sustainable aviation fuel

Posted on February 18, 2024

Ben Gurion University’s BGN Technologies has partnered with Israel’s Ralco Energy to revolutionize the aviation industry with a novel method for producing Sustainable Aviation Fuel (SAF). They have created a new company, CarboNGV, in which Ralco has invested $2.4 million. … Continue reading →

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7-year deal to cut pollution and save energy

Posted on February 18, 2024

Israel’s Brenmiller Energy (see here previously) has signed a seven-year, $3.55 million project with Wolfson Medical Center in Holon to replace its old, costly, polluting diesel boilers with Brenmiller’s crushed rock clean energy storage system. https://www.timesofisrael.com/israeli-green-thermal-storage-company-signs-7-year-deal-with-wolfson-hospital/

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Using cosmic rays to map underneath Jerusalem

Posted on February 18, 2024

Tel Aviv University scientists are using muon detectors to build a 3D map of undiscovered underground Jerusalem tunnels, chambers, and fortifications. Muons are a fundamental particle, created when cosmic rays hit our atmosphere. High muon levels indicate a cavity above. … Continue reading →

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Mapping Israel’s space-tech ecosystem

Posted on February 18, 2024

There are currently 105 startups operating in Israel in the field of space applications. These companies raised a total of $314 million in the past year. Most of Israel’s space startups (71%) are involved in Earth observation, communications and navigation, … Continue reading →

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