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Israeli hi-tech companies are again recruiting workers in Ukraine now that there is relative security calm in Kiev and large parts of the country. Three companies, Optimove, SciPlay, and Walnut, among others, are all hiring Ukrainian employees, now that the fighting has moved to areas outside of Kiev.  Optimove, which develops advanced marketing technologies for […]

DriveNets, a unicorn networking company, has secured $262 million in a Series C funding round.  It provides software-based routing solutions to build networks and increase growth and profitability. The funding round was led by D2 Investments with the participation of DriveNets’ current investors, including Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance […]

Mobile unit to recycle a village's sewage for just 15 cents a day

Rewire, an Israeli startup that helps international workers manage their finances, has been acquired for $80 million. It has been bought by US company Remitly, a mobile payments service that enables migrants to make person-to-person international money transfers. “We are thrilled to join the team at Remitly and continue our important mission of making financial […]

Two Israeli energy companies are launching renewable energy projects in seven Arab countries.  Enlight Renewable Energy and NewMed Energy will set up, develop, finance, and operate projects in Saudi Arabia, Bahrain, Oman, the United Arab Emirates, Jordan, Morocco, and Egypt.  The projects will focus on solar and wind power production and energy storage. The companies […]

Talon Cyber Security, a cyber-security company that provides secure browsers for enterprises, has raised $100 million in a Series A funding round.  The funding was led by Evolution Equity Partners, with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures, SYN Ventures and previous investors CrowdStrike co-founder and CEO George Kurtz, Lightspeed Venture Partners, Sorenson […]

Dad invents machine and detergent to end the mess and smell for parents

An Israeli plant biologist has discovered a way to protect cultivated wheat from insects without pesticides. Prof. Vered Tzin of the Ben Gurion University of the Negev has discovered two defense mechanisms of wild wheat against pests that she hopes to reproduce in cultivated wheat. Wild wheat has a coating of “hairs” that prevent insects […]

Basketball superstar Giannis Antetokounmpo has invested in an Israeli affordable healthcare provider.  He grew up in poverty in Greece, with limited access to healthcare, then moved to the US, where he plays for NBA team Milwaukee Bucks and is reportedly worth $70 million. “My siblings and I grew up impoverished and marginalized. Though we had […]

Researchers at Ariel University have developed a free platform to calculate the water consumption of vineyards. 

Users of a new dating app choose an avatar and are paired up by AI

A compound has been developed from discarded avocado seeds that can repair damage to human skin caused by UV radiation, pollution, aging, and other stressors. Israeli startup AvoMed manufactures PFA (polyhydroxylated fatty alcohols) from avocado seeds, fats that enhance personal care products and treat skin conditions such as psoriasis.  Avocado seeds, which can make up […]

SaNOtize, Israel-based makers of a Covid nasal spray, have just received a $10 million investment. Its antiviral nasal spray is now sold in 10 countries, registered as a Class I medical device in the EU, and has ongoing approval procedures elsewhere. In July, a report in The Lancet, the world’s most respected medical journal, concluded […]

PepsiCo is ordering an additional 30,0000 eco-friendly shipping pallets from an Israeli company that makes them out of household waste. The collaboration with bioplastic producer UBQ is part of its Pep+ (PepsiCo Positive) initiative to become a sustainable business. Its goals include reducing virgin plastic use in all of its packaging by 50 per cent, […]

In July, Eco Wave Power‘s technology, known as floaters, was lowered to the water and tested for the first time. The next phases of the pilot include connecting to the grid, and testing the connection. Once connected, it will be the first time in Israel’s history that wave-powered energy has been transmitted to the national […]