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Daily Updates from Silicon Wadi for
Wednesday, September 13, 2023
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Cleantech startup that converts waste into eco-friendly plastic nabs $70 million
UBQ develops thermoplastic materials from household trash to make products such as trays for McDonald’s and automotive parts for Daimler; funding to support Europe, US footprint
Zooz debuts its ultra-fast power booster for electric vehicles in the US
Zooz Power, an Israel-based developer of an ultra-fast power booster for electric vehicles (EVs), announced on Wednesday that it has rolled out its first charging system in the United States. The startup’s kinetic power booster (KPB), based on patented flywheel technology, converts electrical energy into kinetic energy and is designed for areas where...
OurCrowd launches AI Fund to invest in ‘huge opportunity’
Jerusalem-based platform allows accredited investors to directly access startup AI deals usually unavailable to the public
Israel hypes India-Saudi-EU trade corridor, but it’s a bit player in US-China bout
There was much excitement among Israel's leadership after Saturday's announcement at the G20 summit that India, Saudi Arabia, the United States, the European Union and others would create an ambitious rail and shipping corridor that will link the subcontinent with the Middle East and Europe. Prime Minister Benjamin Netanyahu hailed it as nothing less than...
Israeli HMO finds celiac sufferers up 600% in less than 20 years
Data by health provider shows 10-fold increase in diagnoses for children since 2005; researchers predict 1 in 50 Israeli children could have disorder by 2030
Long-awaited National Library set to reopen with 11 floors and millions of stories
Grand space to open in October, featuring plush reading rooms, museum-like exhibits, robotic stacks for 4 million books and rooms for all visitors, not just the quiet kind
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