The AI-powered companion ElliQ (see here previously) created by Israeli startup Intuition Robotics is being offered free to eligible adults over 60 in Coral Springs and Broward County South Florida. https://www.youtube.com/watch?v=hGcH1B1Nzx4 https://southfloridahospitalnews.com/aaabc-brings-elliq-ai-care-companion-technology-to-older-adults-in-broward-county/ https://www.adrcbroward.org/elliq

Next Insurance raised $265 million; Myrror Security raised $6 million;

US tech giant Palo Alto is taking over Israel’s Talon Cyber Security (see here previously) for at least $600 million. The announcement comes a week after Palo Alto announced the acquisition of another Israeli startup Dig Security (see here previously) … Continue reading →

For $271 million, Israel’s Ormat Technologies (see here previously) has bought six US energy sites in Utah, Nevada, Connecticut, and California. https://finance.yahoo.com/news/ormat-acquire-contracted-operating-geothermal-113000200.html

Israel’s war against Hamas has not deterred foreign companies from continuing to search for new oil and gas deposits in Israeli waters. The Energy ministry has awarded 12 licenses to six companies, including BP and ENI, for natural gas exploration … Continue reading →

Israel’s Kando (see here previously) is helping maintain water quality for recycling or drinking in El Paso, Texas. Kando uses sensors distributed throughout the city’s sewers. They alert El Paso’s wastewater management about a possible pollution event so that they … Continue reading →

Israel’s Arieli Capital (see here previously) has launched its Southern Starlight Initiative that will allocate NIS 5 million for startups in the south of the country that were impacted by the Hamas terror attack on Oct 7. Arieli will also … Continue reading →

A group of leading venture capitalists and serial entrepreneurs have launched an emergency impact fund dubbed “Iron Nation”. It aims to raise $20 million to provide early-stage Israeli startups with a lifeline during the ongoing war.  The fund is backed … Continue reading →

The Bank of Israel is to provide Israel’s commercial banks with up to NIS 10 billion for two years so they can grant loans to war-affected small businesses at lower interest rates. It will help them deal with the economic … Continue reading →

At the start of the war, the value of the Israel shekel fell by around 10% with over 4 shekels to the US$. It has since recovered nearly all its value. https://www.boi.org.il/en/economic-roles/financial-markets/exchange-rates/