By NoCamels team
New VC Fund Set Up In Israel For Dual-Use Technologies
A new venture capital fund has been set up in Israel to support startups developing dual use (civilian and defense) technologies. The move comes despite Israel’s ongoing war with Hamas in Gaza and a new report showing a massive plunge in VC activity in Israel in 2023. 2i (Dual Impact) Ventures begins operations with an […]
March 21, 2024
Israeli VC Fundraising Sees Massive Decline In 2023 – Report
Venture capital fundraising in Israel plummeted significantly in 2023 from the year before, according to the latest annual report by IVC–Gornitzky–KPMG Israel in association with the Israel Innovation Authority. The report, which explores investment trends in the Israeli tech ecosystem, found that in 2023 – a fraught year of protests over planned judicial reforms, the […]
March 21, 2024
EU Fund Joins $20 Million Investment In Israeli AI Startup
The European Innovation Council (EIC) has joined a $20 million investment in Israeli AI startup NeuReality. The EIC is the European Union institution created to support disruptive technologies. The investors also include OurCrowd, Israel’s largest online investment platform; Tel Aviv-based XT Hi-Tech; and Cleveland Avenue, which is headquartered in Chicago. The Caesarea startup plans to […]
March 20, 2024
Light Speed Laser Computer Gets Performance Upgrade
The creator of a computer that uses lasers to carry out complex tasks at the speed of light has announced a breakthrough in high-performance computing. LightSolver’s new LPU100 system is powered by 100 lasers and can solve the most challenging of problems with up to 120100 combinations. The computer was created by LightSolver CEO Dr. […]
March 20, 2024
Israeli-Founded Platform Acquires Sports Illustrated Publishing Rights
Israeli-created sports platform Minute Media has acquired the publishing rights to Sports Illustrated, reaching a deal with the Authentic Brands Group, the owners of the famed New York-based magazine. Founded in 2011 by Asaf Peled, Gilad Beiman, and Yuval Larom, Minute Media is a global digital media publishing company focused on content and advertising solutions. It already […]
March 18, 2024
Israeli Lawmakers Visit High-Tech Hub Nurturing Arab Innovation
Members of parliament from the Knesset Science and Technology Committee have visited a community-led center in northern Israel dedicated to promoting innovation in the Israeli Arab sector. The visit to the Hasoub center in Ar’ara was led by MK Ayman Odeh, chair of the committee and leader of the Hadash-Ta’al faction in the Knesset. The […]
March 18, 2024
DIY Ultrasound Startup Assesses Expanded Capabilities In US Study
The maker of an Israeli DIY ultrasound device that allows pregnant women to see their baby in the womb at any time has launched a new clinical study to assess its ability to conduct a test to measure the health of the fetus. The test to conduct a remote biophysical profile (BPP) test using Pulsenmore […]
March 14, 2024
Israel’s Agriculture Institute Inviting Scholarship Hopefuls
The Volcani International Partnerships, the NGO working alongside the Volcani Center, Israel’s agriculture research institute, has opened its applications for its scholarships for the academic year starting in fall 2024. The Rishon Letzion-based institute takes several hundred students at undergraduate, graduate and doctorate levels every year, allowing them to work with their professional staff as […]
March 13, 2024
Israeli Startup Teams Up With Vietnamese Firm On Automated Security
Israeli automotive startup C2A Security is collaborating with Vietnamese cybersecurity company VinCSS on a project to automate vehicle security. The goal of the project, says VinCSS, is to provide a comprehensive and automated solution that ensures connected vehicles are compliant with strict market standards and regulations worldwide. The project utilizes C2A’s automated risk management platform […]
March 12, 2024
Israeli EV Battery Maker Signs New Deal With Chinese Partner
Israeli startup StoreDot, which developed extreme fast charging batteries for electric vehicles (EV), has signed a new agreement with Chinese battery producer EVE Energy. The new collaboration, which embellishes an already existing relationship between the two companies, will allow StoreDot to use EVE’s manufacturing capabilities to mass produce its extreme fast charging (XFC) lithium-ion battery cells […]
March 11, 2024
Report: Sharp Drop In Investment In Israeli Life Science Companies
Israeli life science companies raised $2.2 billion in 2023, a 40 percent drop on the year before, according to a new report by Israel Advanced Technology Industries (IATI), an umbrella organization of the country’s high-tech, life science and other advanced technology industries. The annual report, which was conducted in association with international accounting firm PwC […]
March 11, 2024
Israeli High-Tech Pioneer Yehuda Zisapel Dies At 81
Yehuda Zisapel, one of the founding fathers of Israel’s renowned high-tech industry, died Sunday at the age of 81. In the 1980s, Zisapel and his younger brother Zohar founded the RAD Group – an umbrella organization of independent Israeli telecommunications and networking companies. It evolved from their original company RAD Data Communications Ltd, which remains […]
March 11, 2024
Report: Women Underrepresented In Israeli High-Tech Sector
Women are still underrepresented in the Israeli high-tech sector and moves to improve the situation have stalled, according to a new report by the RISE Israel independent think tank, which was released to coincide with International Women’s Day on March 8. The report by RISE Israel (formerly the Startup Nation Policy Institute), found that women […]
March 07, 2024
Tech Challenge To Fight Antisemitism Named For Nova Massacre Hero
A new foundation is offering $1 million for innovative technology that will combat antisemitism and has been named for a former IDF soldier who died saving others at the Nova festival massacre on October 7. The ADIR Challenge Foundation is named for Addir Mesika, the 23-year-old New York native who, despite being unarmed, charged at […]
March 06, 2024
Cybersecurity Startup Expands Safety Checks To Cloud
Cybersecurity firm Pentera, which mimics hackers to root out security weaknesses, has unveiled a new test of the safety of businesses’ data stored in the cloud, in particular AWS (Amazon) and Azure (Microsoft) services. Pentera’s system emulates attacks across the attack surface to pinpoint potentially exploitable gaps that need to be addressed to thwart a […]
March 06, 2024