Israel Active

Israeli startup Line 5 has emerged from stealth, raising $20 million, the largest seed funding in the defense tech sector so far this year. The company is named after the bus route where one of the co-founders’ friends was murdered. It is anticipated that Line 5’s new technology will be devastating.

Israel’s Celery uses AI to spot problems in seconds that used to take finance teams vast amounts of time – and may never have spotted. Duplicate entries, fraud, compliance breaches – all now a thing of the past. Celery is already used by dozens of US healthcare providers.

Japan’s giant telecoms provider KDDI Corporation, has partnered with Israel’s DriveNets (see previously) to accelerate the deployment of open network architecture across its national infrastructure. KDDI will install DriveNets’ Network Cloud software in its backbone core routers.

Israel’s Sightful (see previously) has launched Spacetop for Windows, a software-only version of its Augmented Reality (AR) laptop solution.

Israeli-founded Velotix has developed an AI-powered data security and governance platform that automates data access control. Its clients include AIG, London Stock Exchange, Deutsche Bank, and Bank of Singapore. Based in the USA with R&D operations in Israel.

A transformative gift from the Adelson Family Foundation will establish Bar-Ilan University’s Adelson Institute for Smart Materials. This first-of-its-kind research center will bring researchers and tech developers in AI, medicine, engineering, chemistry etc., together to create revolutionary new products.

Phase II of Israel's National Artificial Intelligence Program is to build a new National AI Supercomputer. At a cost of half a billion shekels, Israeli-founded Nebius, with R&D in Tel Aviv, has committed to delivering computing power of 16,000 petaflops, 9 times the current world leader.

Eight inter-university research centers led by Israel’s Technion Institute have been awarded government grants in the fields of sustainability and climate. They include two researching alternative fuels, two relating to food, and two researching water systems and quality.

Five top Israeli students competed in the final of the 8th Biotechnology Olympiad hosted by Israel’s Technion. The winner was Alice Sibak from Amal Bet High School in Petah Tikva. She has researched mutant Alpha-1-Antitrypsin proteins - a deficiency that COPD patients suffer from.

Scientists at Israel’s Technion have discovered a form of quantum entanglement in the total angular momentum of photons confined in nanoscale structures. This discovery could play a key role in the future miniaturization of quantum communication and computing components.