Author Archives: MichaelOrdman

140,000 remote care devices to Madrid

Posted on December 4, 2023

Israel’s Essence SmartCare (see here previously) has delivered 140,000 Care@Home senior monitoring devices to satisfy its winning the tender as the sole provider of senior care technology for over 100,000 seniors in the Madrid region. https://finance.yahoo.com/news/essence-smartcare-completes-shipment-140k-141400099.html

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A fund for brain science startups

Posted on December 4, 2023

Israel’s Corundum Neuroscience (was Joy Ventures – see here previously) invests in startups developing neuroscience solutions. It aims to promote new treatments for anxiety, depression, PTSD, chronic pain, sleep, and neurodegenerative disorders. https://cnsfund.com/ https://nocamels.com/2023/11/new-israeli-funds-supporting-neuroscience-startups-and-rd/

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Nearly $1 billion Investments & M&As

Posted on December 4, 2023

Since Oct 7, both investments and mergers & acquisitions have reached nearly $1 billion. 29 investment rounds totaled nearly $1 billion, led by Next Insurance’s $265 million raise. Meanwhile, Palo Alto’s two Israeli cyber acquisitions (Talon & Dig) cost them … Continue reading →

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Cyber security for Finance of America

Posted on December 4, 2023

Israel’s Spera Security (see here previously) have been chosen by Finance of America to bolster its defense against identity-driven cyberattacks. https://www.globenewswire.com/news-release/2023/11/16/2781881/0/en/Finance-of-America-Chooses-Spera-Security-to-Bolster-its-Identity-Security.html

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Exits, takeovers, and mergers – to 3/12/23

Posted on December 4, 2023

Finnish giant Aiven has acquired Israel’s database optimization startup EverSQL. Israel’s Gilat Satellite Networks has acquired US secure communications company DataPath.

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Investment in Israeli startups – to 3/12/23

Posted on December 4, 2023

CapitalOS raised $39 million; Tabnine raised $25 million; Munch raised $7.2 million.

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A good read

Posted on December 4, 2023

Israel’s OrCam (see here previously) has launched “Read 3” to help those with impaired vision.  About the size of a highlighter pen, it can magnify text and read multiple types (even handwriting) in 17 different languages, including words printed in … Continue reading →

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Best use of AI award.

Posted on December 4, 2023

Israel’s Rescana has won the prestigious CISO’s Connect CISO Choice award for Best Use of AI.  Rescana’s risk management solution identifies issues with third-party vendors by collecting and analyzing massive datasets. A company’s operators do not require any coding skills. … Continue reading →

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New tech to rehabilitate the wounded

Posted on December 4, 2023

Israel’s Sheba Medical Center has selected 8 tech solutions for its new program for rehabilitating wounded soldiers. Israeli systems include COGNIShine and 6Degrees (MyMove – see here previously). https://cognishine.com/en-us/ https://nocamels.com/2023/11/israels-biggest-hospital-harnesses-tech-as-tool-for-soldier-rehab/

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Robotics course for evacuees

Posted on December 4, 2023

Israel’s Technion Institute held a 6-day program in robophysics (how robots move in the real world) for 30 outstanding high school students evacuated from their northern border homes. The course included enrichment activities and mentoring for future university entrance. https://nocamels.com/2023/11/technion-holds-robophysics-course-for-evacuated-high-schoolers/

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