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Tech Israel

Daily Updates from Silicon Wadi for Sunday, July 30, 2023

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Tech workers protest Israel's right-wing government in Tel Aviv, on Januay 24, 2023. The Hebrew on the blue sign reads: 'No democracy, no high tech; and the yellow sign reads: "No to the coup d'etat.' (AP/ Maya Alleruzzo)

Israel approves tax benefits to boost tech, as judicial jitters imperil investments

By Sharon Wrobel

‘Angels Law’ grants tax benefits to high-tech investors in local early-stage startups and to foreign banks offering loans, as some investors consider relocation

Former Bank of Israel chief Jacob Frenkel speaks to Channel 12 on July 28, 2023. (Channel 12 screenshot: used in accordance with Clause 27a of the Copyright Law)

Ex-Bank of Israel head warns investors lining up to pull funds amid overhaul turmoil

Voia, a startup co-founded by Israeli entprereneurs, has developed an app to create videos with Hollywood quality visual effects. (Courtesy)

Hollywood-quality video tech startup secures $3m in early stage financing

By Sharon Wrobel

Voia’s app harnesses advanced AI capabilities to enable video creators to produce visual effects with Hollywood quality

Inside the Edity Therapaeutics lab (Edity)

From OurCrowd

Meet 007: The cell with a license to kill cancer, created by an Israeli startup

Edity is programming the body’s own immune cells to carry therapeutics to places where treatment normally cannot reach

PM unveils planned Kiryat Shmona-Eilat fast rail, says could link to Saudi Arabia too

By Sue Surkes and ToI Staff

Netanyahu says ‘revolutionary’ project, vital to economy and security, will cost NIS 100b, does not specify where funding will come from; numerous similar ideas floated in past

Prime Minister Benjamin Netanyahu gives a briefing on the government's north-to-south fast-rail plan, July 30, 2023. (Haim Zach / GPO)

Screen capture from video of the launch of Israeli-made satellite DS-SAR, constructed for Singapore and launched from India, July 30, 2023. (YouTube/used in accordance with Clause 27a of the Copyright Law)

Israeli-built satellite blasts into space for Singaporean customers

DS-SAR reconnaissance platform launched from Indian space center; reportedly to provide imagery for government agencies

View of a Cellcom store in Tel Aviv, on September 24, 2019. (Miriam Alster/FLASH90)

Down and out

Glitch leaves Netvision customers sans email for 3 days

Problem reportedly caused by a crashed server, affecting Cellcom customers who use Netvision email, with some losing access to internet altogether

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