Israel Active

Israel’s Profuse Technology (see previously) was awarded a 2.4 million euro grant from the EU’s competitive Horizon EIC Transition program. Profuse will use the funds to refine its technology that speeds up the cultivation of non-animal meat.

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Nvidia is to acquire Israel’s for an estimated . Global private equity firm Permira is acquiring 60% of Israel’s for around . Swiss-US Alcon is acquiring Israel’s for up to ; US-headquartered Akamai has acquired Israel’s for . Israel’s has acquired Israel’s for .

Israel’s Panax develops an AI-driven cash flow management platform to help mid-market and large companies gain full visibility and control over their cash operations. AI-driven automation streamlines all treasury processes, consolidating data directly from banks and ERP systems.

Ten Israeli startups have been selected for the 7th cohort of Deloitte’s LaunchPad mentoring program. They are , , , , , , , , , and . The 43 previous startups have raised over $1 billion in funds.

Startup investment for April 2024 was over $1 billion – the highest since Aug 2022. It follows March investment total of some $800 million.

If you buy Californian pistachios, there is a good chance that they were produced thanks to Israel’s Edete Precision Technologies for Agriculture (see previously). The agri-tech startup now helps Californian farmers pollinate 3,000 acres of almond trees.

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Nvidia acquired Israel’s for . US Armis has acquired Israel’s for ; US BeyondTrust has acquired Israel’s for .

Israel’s SeeTrue (see previously) has improved passenger throughput and streamlined the screening process at Cyprus’s Larnaca airport. SeeTrue’s AI security screening platform will now be introduced in Pafos – both airports managed by Hermes Airports.