Author Archives: MichaelOrdman

Crowdfunding interest-free loans

Posted on June 26, 2022

The interest-free loans from Israel’s SparkIL support worthy, business opportunities that are good for society. The loans are sourced from altruistic lenders in the US who wish to strengthen small businesses from Israel’s socioeconomic periphery who are underserved by the … Continue reading →

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Samsung invests in Israeli AI

Posted on June 26, 2022

Samsung Ventures has invested in Israeli AI systems and semiconductor startup NeuReality (see here previously). Samsung stated that NeuReality’s technologies “… are critical for the ability to adopt and grow AI solutions.” Israeli crowdfunding platform OurCrowd is also backing NeuReality. … Continue reading →

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More funds investing in Israeli startups

Posted on June 26, 2022

US based Vine Ventures has opened a new office in Tel Aviv’s Sarona Market and said it will invest half of its new $140 million fund in Israeli startups. Meanwhile, the unrelated Sarona Ventures has launched a new $20 million … Continue reading →

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A million shekels each for 3 energy projects

Posted on June 26, 2022

Israel’s Ministry of Energy and the Israel Innovation Authority have awarded a total of NIS 3.3 million to three Israeli startups. They are Augwind (compressed air energy storage), ZOOZ Power (previously Chakratec – EV charging), and Seosol (drone scans to … Continue reading →

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Promoting trade with Egypt and Morocco

Posted on June 26, 2022

For the first time in about a decade, an Egyptian delegation of 12 textiles and clothing industrialists and businesspeople met senior officials and business leaders in Israel. Meanwhile Israeli Interior Minister Ayelet Shaked flew to Morocco to invite Arab nurses … Continue reading →

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Israel Space Olympics

Posted on June 26, 2022

100,000 students from 400 schools nationwide took part in the eighth annual Israel Space Olympics, the flagship educational event of the Israel Space Agency and the Science and Technology Ministry. 20 teams competed in the finals at the Israel Center … Continue reading →

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UK visit to hydrogen charging stations

Posted on June 26, 2022

UK Trade envoy to Israel Lord Ian Austin was in Israel to see Gencell Energy’s unique hydrogen-based hybrid charging stations. It is the world’s only solution for charging electric vehicles without carbon emissions and without relying on the power grid. … Continue reading →

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The most innovative startup

Posted on June 26, 2022

Israel’s Talon Cyber Security (see here previously) won the Innovation Sandbox Contest at the 2022 RSA Conference for information security in San Francisco. The contest is considered the leading platform for showcasing groundbreaking technologies that could transform the cybersecurity industry. … Continue reading →

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Products from recycled plastic bags

Posted on June 26, 2022

Israel’s Alkemy (see here previously) is acquiring Germany’s oceansix, to incorporate its technology for generating products from recovered materials. The deal fits perfectly with Alkemy’s unique “waste to product” process for recycling plastic bags and plastic sheets. https://www.newswire.ca/news-releases/alkemy-announces-closing-of-the-transaction-to-purchase-oceansix-840315199.html https://www.alkemy.solutions/

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Protecting crops from disease

Posted on June 26, 2022

Israel’s CropX (see here previously) now monitors crops for up to 320 crop and fungal disease combinations. It advises farmers when best to spray, reducing costs and overuse of harmful chemicals. CropX has thousands of customers in over 50 countries. … Continue reading →

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