A top fintech company

Israel’s Okoora (see previously) has been selected for CNBC/Statista's 2024 list of the world's leading fintech companies. The list recognizes companies that have significantly contributed to the transformation and innovation of the financial services industry through technology.

A one-stop shop for solar sites

Israel’s GiraSol Renewable Energy builds and maintains solar energy systems using the best global technology to check for performance issues. GiraSol’s clients include Israel’s Energix and France’s EDF, which operates large solar farms in Israel.

Boots UK sells Israeli pregnancy tests

The UK chemist chain Boots is now selling Salistick, the world's first saliva-based pregnancy test, from Israel’s Salignostics (see previously).

Pain monitoring in Japan

Israel’s Medasense (see previously) is partnering with Nihon Kohden for the exclusive distribution of its revolutionary PMD-200 real-time non-invasive pain monitoring device in Japan.

$142 million of EU funding

Nine Israeli startups have secured a total of $142 million in funding from the EU Horizon (EIC Accelerator) program. They include MediWound (EscharEx), JaxBio, , , Quantum Transistors, , Reophotonics (ioTech), , and .

1,000 pay for GenAI

Israel’s Upword (see previously) attracted 30,000 users for its Beta version, with 1,000 paying for its advanced GenAI capabilities. Upword is designed to mimic the traditional research methods required by professionals, researchers and academics and has now launched its full version.

Exits, takeovers & mergers – to 21/7/24

Holding our breath for Google’s expected $23 billion takeover of Israel’s Wiz. Meanwhile, Edwards Lifesciences has acquired Israel’s for . US-based Tricentis has acquired Israel’s for around .

Startup investment – to 21/7/24

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Helping Japan cut greenhouse gas emissions

Japanese insurance giant Sompo and Israel’s Momentick (see previously) will work to cut greenhouse gas emissions from Japanese energy production sources, rigs and gas pipelines. Momentick’s solution identifies and measures greenhouse gas emissions through satellite images.

Billion-dollar deal

Israel Aerospace Industries (IAI) has announced an agreement worth $1 billion over five years with an unnamed third party. (Calcalist states that IAI will supply Morocco with an intelligence satellite.) The company expects completion of the deal by 2029.