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Tech Israel

Daily Updates from Silicon Wadi for Tuesday, January 2, 2024

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For Illustration: Investors, founders and entrepreneurs gather at annual VC trends conference in Tel Aviv, Dec. 28, 2023 (Talmid Tali)

VC funds stay bullish on Israeli tech as ‘resiliency is off the charts’

By Shoshanna Solomon

After global and local events sideline investors, tech ecosystem will likely find ‘new normal’ in 2024, investors say — and the national challenges may even prove to be a tailwind

Palantir CEO Alex Karp arrives as Senate Majority Leader Chuck Schumer convenes a closed-door gathering of leading tech CEOs to discuss the priorities and risks surrounding artificial intelligence and how it should be regulated, in Washington on Sept. 13, 2023. (AP/J. Scott Applewhite)

US tech giant Palantir decides to hold first board meeting of new year in Tel Aviv

By Sharon Wrobel

Alex Karp, CEO of the data-mining firm, which has an office in Tel Aviv, has voiced the firm’s support for Israel amid the ongoing war with Hamas, calling on others to follow suit

(L-R) Jeff Kupietzky, Jon Medved, Alon Tal, Maya Zachodin Koren, team members of the Israel Resilience Fund (Alice Ben-David)

Promoted post

A multimillion-dollar vote of confidence in Israel’s startups

OurCrowd’s Israel Resilience Fund invests in startups directly affected by the current crisis in Gaza or developing critical solutions related to the security situation

This photo released by the Houthi Media Center shows Houthi vessels escorting the captured cargo ship Galaxy Leader on Sunday, November 19, 2023. (Houthi Media Center via AP)

As Houthi attacks persist, global shipping firms say they’ll continue to avoid Red Sea

By Terje Solsvik and Vera Eckert

Major companies’ stocks rise in anticipation of increased fees; avoidance of route comes despite presence of US-led defense coalition

Sandfly-borne parasitic disease has affected at least 100 IDF troops in Gaza

By Renee Ghert-Zand

Contracted in southern Israel before entering the Strip, cutaneous leishmaniasis causes deep, ugly skin lesions — but in most cases doesn’t affect a soldier’s ability to fight

Illustrative: A sandfly under a microscope. (Public Domain/World Health Organization )

This underwater photograph taken on December 26, 2023, shows Yamit Avital and her husband Benny, who are among the survivors from Kibbutz Nir Oz, taking part in a free diving session offered to evacuated Israelis and survivors of the October 7 Hamas attacks, off the coast of Eilat. (Photo by Ilan Ben Zion/AFP)

Finding solace under water: Displaced Oct. 7 survivors learn to scuba dive in Eilat

By Ilan Ben Zion

Diving clubs in Eilat mobilize to offer evacuated Israelis free courses and sessions; one Nir Oz resident finds activity ‘very therapeutic, very healing’

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