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Tech Israel

Daily Updates from Silicon Wadi for Thursday, September 7, 2023

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The Tel Aviv Stock Exchange, December 25, 2018. (Adam Shuldman/Flash90)

Fears of constitutional crisis drive shekel to three-year low

By Sharon Wrobel

Local currency weakens to 3.85 against US dollar as hopes for a judicial compromise fade, increasing odds for FX intervention, and as Moody’s meets with PM in Israel

SavorEat’s 3D-printing robots for plant-based meat alternatives deployed on the campus of the University of Denver. (Courtesy)

Where’s the beef? Israeli robot chef serves up 3-D printed burgers to US students

By Sharon Wrobel

Israeli startup SavorEat, in partnership with food services conglomerate Sodexo, starts sale of plant-based patties at the University of Denver as part of US commercial debut

Airwallex (courtesy)

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One-click currency exchange makes startup investing easier via OurCrowd

Jerusalem-based venture investing platform teams up with Australia’s Airwallex to ease payments in local currencies

Treasury: Foreign investments in Israel plunged 60% in 1st quarter this year

By Sharon Wrobel

Foreign investment in Israel has dived by 60 percent in the first quarter of this year, according to a report published by the Finance Ministry Wednesday. Israel lured about $2.6 billion in foreign investment in the first three months of the year, reflecting a 60% decline compared to the average quarterly figures recorded... Continue Reading

Illustrative: View of the Phoenix Investment House in Tel Aviv on June 30, 2023. (Yossi Aloni/Flash90)

Orthodox Union's Rabbi Menachem Genack, left, visits Israeli startup SuperMeat as part of the company's kosher certification process. (Courtesy/SuperMeat)

In first, leading kosher authority Orthodox Union certifies lab-grown meat

Israeli startup SuperMeat’s chicken products sidestep restrictions on using parts of living animals by growing meat from egg stem cells

An illustrative photo of a baby in a diaper. (Ignacio Campo on Unsplash)

Supreme Court orders genetic testing to go ahead for baby born in IVF mix-up

By Renee Ghert-Zand

Couple raising a child not genetically linked to them had sought to block a court order that granted another couple’s request to determine whether they are the biological parents

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