Author Archives: MichaelOrdman

Vestoo becomes a Unicorn

Posted on November 6, 2022

There have been few new Unicorns in the current economic climate. Israel’s Vesttoo has just become one, having just raised $80 million at a $1 billion valuation. Vesttoo has developed a global insurance risk transfer platform. It is profitable and … Continue reading →

Posted in Economy & Business | Leave a comment

$50 million for AI startups

Posted on November 6, 2022

U.S.-based ICI Fund has announced the closing of ICI Fund II, a new fund set to include $50 million solely for early-stage Israeli AI companies and companies founded by Israeli entrepreneurs. ICI additionally said it will increase investments in women-led … Continue reading →

Posted in Economy & Business | Leave a comment

Investment in Israeli startups to 6/11/22

Posted on November 6, 2022

Mobileye raised $861 million (IPO); Selina raised $170+ million (IPO); OpenWeb raised $170 million; Apiiro raised $100 million; Trigo raised $100 million; Vesttoo raised $80 million; Resonai raised $36 million; Ossio raised $35.5 million; Valence Security raised $25 million; Navina … Continue reading →

Posted in Economy & Business | Leave a comment

Mega food conference

Posted on November 6, 2022

Tel Aviv’s FoodTechIL conference begins on 7 Nov, in the middle of Israel’s AgriFood Week. It will feature 70 startups and some 1,600 global food industry leaders and investors. One of the startups is Israel’s CreamCol – which converts any … Continue reading →

Posted in Science & Technology | Leave a comment

Vanishing print

Posted on November 6, 2022

Israel’s Reep Technologies uses lasers to completely remove ink from printed pages so that the paper can be reused. Reep has re-invented the “de-printer”, protected it with 20 patents and is now preparing to roll it out globally. It saves … Continue reading →

Posted in Science & Technology | Leave a comment

A toothbrush-inspired humidifier

Posted on November 6, 2022

Israeli Aryeh Tench has invented an air humidifier with only one moving part. He says it’s cheaper, cleaner, and more efficient than any other. It works like a rotating toothbrush – the filaments break up water into tiny droplets. No … Continue reading →

Posted in Science & Technology | Leave a comment

Replace heavy copper wiring

Posted on November 6, 2022

Israel’s Yamar develops semiconductor devices that merge data over power lines. The technology reduces wiring cost and weight while increasing reliability. Customers in 51 countries use the devices in a variety of applications in automotive, aerospace, lighting, industrial, and more. … Continue reading →

Posted in Science & Technology | Leave a comment

Where cybersecurity gurus meet (virtually)

Posted on November 6, 2022

Israeli startup WadiDigital has launched Cyfluencer – a platform to connect cybersecurity influencers who wish to share top-quality content, ideas, and insights. The community is comprised of experienced professionals (“influencers”) and cybersecurity companies who want publicity. https://www.israel21c.org/a-new-platform-made-just-for-cybersecurity-influencers/ https://www.cyfluencer.com/

Posted in Science & Technology | Leave a comment

Giving employees the right answers

Posted on November 6, 2022

Israel’s Ask-AI uses Natural Language Processing (NLP) to answer questions from company employees and managers and give them insights as to their business and customers.  It monitors emails, chats, databases, call center communications, and more, to improve customer relationships. https://www.calcalistech.com/ctechnews/article/h1yembseo … Continue reading →

Posted in Science & Technology | Leave a comment

Making buildings intelligent

Posted on November 6, 2022

Israel’s Resonai empowers commercial real estate owners and operators to transform their physical properties into virtual assets. Its Vera platform creates a “digital twin” with embedded AI to enable greater operational control, real-time customer insights, and innovative engaging experiences. https://www.resonai.com/ … Continue reading →

Posted in Science & Technology | Leave a comment