Securing Miami port

Israel’s Waterfall Security (see previously) has partnered with Florida’s GoCloud to install Waterfall’s security technology at Miami Port, the largest marine port in North America. One priority is to protect the port from threats that might exploit equipment supplied by China.

Startup investment – to 22/12/24

raised ; raised ; raised ; raised ; raised ;

Exits, mergers & acquisitions – to 22/12/24

US cybersecurity giant Fortinet has Israel’s .

Monetization for engineers

Israel’s Stigg.io has developed a platform for software engineers to build monetization functionality into their companies’ business systems that enables them to bill customers for their services (Systems as a Service – SAAS).

Fighting fraud in Australia

Israel’s BioCatch (see previously) has brought together five of Australia's largest banks to tackle financial fraud. ANZ, CBA, NAB, Suncorp (Norfina), and Westpac join BioCatch Trust Australia in the first inter-bank, behavior- and device-based fraud and scam intelligence-sharing network.

Global e-commerce for Harrods

Israel’s Global-e Online (see previously) has partnered with Harrods - the world's leading luxury department store, to enhance its international online operations. Global-e partners over 1,000 brands and retailers across the United States, Europe and Asia.

Saving energy on thousands of radiators

Israel’s Solchip (see previously) has won an order for 20,000 of its SolRad energy-saving IoT devices from one of Europe’s largest publicly traded real estate companies. The low-cost device can be retrofitted to any radiator in minutes to reduce energy consumption by up to 35%.

Defense tech is hot for VC funds

No longer is defense technology shunned by investors as speakers emphasized at the DefenseTech Summit, hosted at Tel Aviv University.

Investing in defense

Israeli VC fund, Protego Ventures, investing in military tech startups, has already secured $70 million in just two weeks and is expected to close at $200 million. It is in high demand, primarily from U.S. institutional investors. Protego is founded by two dynamic female entrepreneurs Lital Leshem and Lee Moser.

Israel Tech Mission

A delegation of 44 overseas entrepreneurs and investors joined the third Israel Tech Mission (see previously) to connect with Israel's high-tech sector. They visited Tel Aviv’s Google for Startups branch. See comments of newsletter subscriber Nathan Low MD of Silan Ventures.