Increasing corn yields in the Mid-West

Agriculture giant Syngenta has an Israeli seeds R&D center (see ). Syngenta is deploying sensors from Israel’s CropX (see previously) to improve its irrigated corn fields across Mid-West USA. In multi-vendor trials last season, Syngenta ranked CropX as the top performer.

Safeguarding the Australian army

Despite waning support from the Australian government, it is still happy to purchase military protection systems from Israel.  Elbit has announced it was awarded a 5-year, $600 million contract, to supply mission-critical systems to Hanwha Defense Australia for use by the Australian army.

Saving billions in FX

Swiss-Israeli okoora (see previously) says it has achieved cumulative savings of more than $3 billion for its customers through international foreign exchange transactions to date. Okoora’s Automated Business Currency Management (ABCM™) manages global payments, banking, and risk.

Assess the damage

OPENLANE, a US-based international digital marketplace for wholesale used vehicles, is now using Israel’s Click-Ins to detect and assess vehicle damage. OPENLANE’s Visual Boost AI creates visual overlays of detected exterior damage directly within the vehicle condition report.

Pitching up in Florida

The State of Florida recently hosted 30 Israeli tech companies for a “pitch day” in the state’s capital Tallahassee. The Israeli companies represented areas such as healthcare, water treatment, energy, and cybersecurity. Each presented ideas to help strengthen Florida’s resources and capabilities.

Europe invests in green Israel

The EU's European Investment Bank (EIB) is expanding its agreement with Israel’s Bank Leumi for “green” investments. EIB will inject €250 million to finance projects for small and medium-sized businesses. Finance has already been provided to Israel’s Solegreen and Teralight.

$5 million US order for railway safety system

Israel’s Rail Vision (see previously) goes from strength to strength. While it was receiving EU certification for its rail safety systems, it was also winning a $5 million order from a leading US-based rail & leasing services company. And it has just announced AI enhancements.

Startup investment – to 25/2/24

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That’s Odd

Although the takeover of Israel’s hyperspectral imaging tech startup Voyage81 by US-based beauty brand Il-Makiage was reported previously, the IPO of IL-Makiage’s parent company Oddity wasn’t. Why is that odd?  Because Oddity’s R&D is performed in Israel. And Oddity has a very odd website.

A sweet, juicy plan for USA expansion

Israel’s Better Juice (see previously) has partnered with US company Ingredion, a provider of specialty ingredients to the food and beverage industry. Ingredion will lead a funding round for Better Juice, to help it market its reduced sugar technology in the US.