Korean giant Samsung is to fund selected Israeli startups with $50,000 each and provide them with support over a six-month period. The focus is cameras, power, audio, on-device AI, AR, sensors, foldables, wearables, environment, and sustainability, and advanced materials. https://www.timesofisrael.com/samsung-kicks-off-israeli-tech-accelerator-program-for-its-mobile-devices/

Three Israeli hotels have won 2023 Forbes Travel Guide Star Awards – the self-described “global authority on luxury hospitality.” They are the Setai, Jaffa, the Ritz-Carlton Herzliya, and the Norman, Tel Aviv. https://www.jpost.com/israel-news/article-732501

Fairmatic raised $46 million; Assured Allies raised $42.5 million; Protai raised $20 million; Mitiga raised $13 million; Click-Ins raised $7.5 million; Kardome received $1 million from Japan’s Automotive Fund.

US-based Rapid7 has acquired Israeli cybersecurity Minerva Labs for $45 million. Rapid7 previously acquired Israel’s IntSights for nearly $335 million. Israel’s Via Transportation has acquired UK’s Citymapper for $100 million.

Israeli supermarket chain Tiv Taam is known for selling non-kosher products. But it has now decided to partner Vgarden, developer of plant-based alternatives (see here previously) to produce a kosher pea-protein based vegan line of deli meats simulating pepperoni, ham, … Continue reading →

Orthodox entrepreneurship program Dos Ventures, and Intel Ignite (see here previously) have partnered to help orthodox Jewish entrepreneurs integrate into Israel’s hi-tech industries. It will provide them with mentoring, marketing, and sales skills, plus how to raise funds and adapt … Continue reading →

Israel’s H2Pro (see here previously) is to build hydrogen production facilities for the Japanese giant Sumitomo. The deal is estimated at $250 million. H2Pro signed a $70 million agreement with renewable energy company Doral Energy last year. https://www.calcalistech.com/ctechnews/article/3gy030ek1