Technology News

Amidst the opening of beach post-pandemic, drowning prevention startup Sightbit has deployed its state-of-the-art technology to Israel's popular Palmachim beach.

The investment in the planning and establishment of the center will be around $5 million.

Fundbox raised $176 million in September with a number of investors including MUFG Innovation Partners, the corporate VC arm of Mitsubishi UFJ Financial Group.

Founded in 2017, the company uses propriety software to remove biometric data from photos and videos.

Houseparty prides itself on making video chats a more personal experience; its user base grew exponentially as COVID-19 kept people in their homes and seeking connection.

The tech, developed at the Technion, is based on an inner layer of carbon fibers which is heated to disinfect the mask, killing any pathogen.

The Israeli capital's prospering tech ecosystem currently has 405 active companies, a 102 percent increase from 2012, according to Start-Up Nation Central.

The winning idea for the Safe@Home event in memory of Michal Sela was an app that poses as a news site but allows the user to stealthily call for help.

Israeli company Cyberbit, a global provider of cyber range training and simulation platforms, announced Tuesday that the Charlesbank Technology Opportunities Fund, a fund managed by US investment firm Charlesbank Capital Partners, has invested $70 million in the company. The Israeli cybersecurity company is a subsidiary of Israel-based international defense electronics company Elbit Systems. As part […]

Israel’s Newsight Imaging, the CMOS image sensor chipmaker for 3D machine vision and special analysis applications, has completed a $7 million Series A funding round, the company announced on Monday. The investment round was led by the US firm Infinity Capital with the participation of Dr. George So, a seasoned entrepreneur who has worked with […]

Technological solutions that used to take months or years are being developed in days or weeks.

Porsche previously participated in a $9 million investment round in Tactile Mobility.

Israeli cybersecurity company Source Defense announced Tuesday it has raised $10.5 million in a Series A funding round with participation from existing investors Jerusalem Venture Partners, Allegis Cyber, Global Brain, and Night Dragon. US firm Capital One Ventures also invested in the round. Source Defense plans to use the funding to accelerate growth and enhance […]

This is Zebra Medical's 5th FDA clearance, this time for an AI solution that allows clinicians to place patients at risk of osteoporosis on treatment pathways.

The new division will seek to solve challenges such as congestion, road maintenance, and traffic management, with an annual budget of NIS 10 million ($2.82 million).