Better security at railway stations
Israel Railways is integrating the AI-powered security screening system from Israel’s SeeTrue (see previously) at checkpoints in Israel's largest stations where more than 1,000 bags are screened every hour.
Your drone delivery is on its way
Drone delivery customers of Israel’s Flytrex now include Chick-fil-A restaurants (in 3 US States), Walmart, Starbucks, Chili’s, Little Caesars, Raising Cane's, Papa Johns, Jersey Mike’s Subs, Freddy's Frozen Custard & Steakburgers, and Unilever's The Ice Cream Shop.
140,000 remote care devices to Madrid
Israel’s Essence SmartCare (see previously) has delivered 140,000 Care@Home senior monitoring devices to satisfy its winning the tender as the sole provider of senior care technology for over 100,000 seniors in the Madrid region.
A fund for brain science startups
Israel’s Corundum Neuroscience (was Joy Ventures – see previously) invests in startups developing neuroscience solutions. It aims to promote new treatments for anxiety, depression, PTSD, chronic pain, sleep, and neurodegenerative disorders.
Nearly $1 billion Investments & M&As
Since Oct 7, both investments and mergers & acquisitions have reached nearly $1 billion. 29 investment rounds totaled nearly $1 billion, led by Next Insurance’s $265 million raise. Meanwhile, Palo Alto’s two Israeli cyber acquisitions (Talon & Dig) cost them a total of $975 million.
Cyber security for Finance of America
Israel’s Spera Security (see previously) have been chosen by Finance of America to bolster its defense against identity-driven cyberattacks.
Exits, takeovers, and mergers – to 3/12/23
Finnish giant Aiven has Israel’s database optimization startup .
Israel’s has US secure communications company DataPath.
Investment in Israeli startups – to 3/12/23
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We will rebuild them
Israel’s Knesset (Parliament) agreed a 1.15-billion-shekel proposal to fund the recently created Tekuma Authority, which will be responsible for rebuilding, developing, and strengthening the Gaza border communities devastated by Hamas on Oct. 7.
Drink more Israeli wine
The Israel Wine Producers Association has been asking supporters of the Jewish state to “take a sip for solidarity.” It plans to donate 10% of sales from U.S. distributors to Israeli relief efforts. Why not order Israeli wine in a restaurant or give a bottle as a present. It all helps Israeli winemakers.