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ISRAEL AT WAR - DAY 370

Israeli startups

Sea2Cell team in front of the Fresh Start incubator premises in Kiryat Shmona before the start of Israel's war against Hamas on October 7, 2023. (Courtesy)
Food tech firms struggle to survive as war disrupts Israel’s north
By Shoshanna Solomon
The shutdown of labs and displaced workers have created a ‘big problem’ for a sector that needs stability and years of product development, while discussions over investments stall
Fears of a ‘lost decade’: Will the tech sector be able to save the war-hit economy?
By Sharon Wrobel
Israel’s Playtika to snap up Tel Aviv gaming startup rival for up to $1.95 billion
By Sharon Wrobel
Slowdown in growth of tech workforce is bad for tax revenue, report warns
By Sharon Wrobel
Sea2Cell team in front of the Fresh Start incubator premises in Kiryat Shmona before the start of Israel's war against Hamas on October 7, 2023. (Courtesy)
October 8, 2024, 2:09 pm
Food tech firms struggle to survive as war disrupts Israel’s north
The shutdown of labs and displaced workers have created a ‘big problem’ for a sector that needs stability and years of product development, while discussions over investments stall
By Shoshanna Solomon
Illustrative image of employees working in the tech sector. (Hadas Porush/Flash90)
October 6, 2024, 9:37 pm
Fears of a ‘lost decade’: Will the tech sector be able to save the war-hit economy?
One year on from the Hamas onslaught, experts fret over whether economic recovery is possible in the face of government inaction to bolster a key growth engine
By Sharon Wrobel
Illustrative: Eastech tech campus workspace in East Jerusalem. (Courtesy)
September 30, 2024, 7:23 pm
Investment in Israeli startups slows in third quarter, but is up 32% this year
Capital raised by tech firms in July-September was down 20% compared with previous quarter, but up 40% year-on-year, IVC-LeumiTech data shows
By Sharon Wrobel
The Salesforce logo (YouTube screenshot)
September 25, 2024, 5:13 pm
In second deal this month, Salesforce buys Israeli data management provider Zoomin
Salesforce seeks to tap into Zoomin’s technology to equip its AI-driven autonomous service chatbots with the capability to provide personalized answers to customers’ needs
By Sharon Wrobel
Illustrative: A tech development center in Herzliya, Oct 30, 2020. (Gili Yaari/Flash90)
September 23, 2024, 6:34 pm
Slowdown in growth of tech workforce is bad for tax revenue, report warns
Israel Innovation Authority says despite the war, the local tech ecosystem is 3rd-largest global hub for capital raising, but notes that investments flowing largely to cyber firms
By Sharon Wrobel
Prof Charlotte Vogt (third from left) and researchers at the Technion--Israel Institute of Technology in the northern city of Haifa. Or Mayraz is first left. (Nitzan Zohar).
September 22, 2024, 2:26 pm
Technion startup aims to keep coastal industry systems clean while capturing CO₂
MOZAICO uses electrochemistry rather than chemicals to stop scale buildup in coastal cooling systems, converting CO2 into marketable calcium carbonate
By Sue Surkes
Level's new e-foil in action. (Courtesy: Level)
September 19, 2024, 9:27 pm
Startups by ocean enthusiasts develop self-stabilizing e-foil, marina booking system
Watersports company Level was formed after co-founder watched clients failing to balance hydrofoils, while Pick a Pier seeks to maximize marina use, ease reservations
By Sue Surkes
Playtika co-founder and CEO Robert Antokal. (Photo: Ohad Romano)
September 19, 2024, 1:24 pm
Israel’s Playtika to snap up Tel Aviv gaming startup rival for up to $1.95 billion
SuperPlay, founded by former Playtika employees, is creator of coin looter game Dice Dreams and Domino Dreams, a board game
By Sharon Wrobel
Israeli startup REE Automotive is a provider of a flat and modular chassis for electric vehicles, including trucks. (Courtesy)
September 16, 2024, 11:41 pm
Israel’s REE inks supply deal with Indian auto parts maker, secures $45m in funds
A maker of a flat, light, versatile chassis that increases energy efficiency in electric cars, REE says the partnership will increase production to meet growing demand
By Sharon Wrobel
Illustrative image of innovation, AI, machine learning and robots. (ipopba; iStock by Getty Images)
September 5, 2024, 8:07 pm
Israel signs global treaty to address risks of artificial intelligence
The treaty, spearheaded by the Council of Europe and signed by 57 states, including the US, is a legal framework to tackle harmful and discriminatory outcomes of AI systems
By Sharon Wrobel
Mobileye co-founder and CEO Professor Amnon Shashua speaks at the Nasdaq exchange in New York after the Intel subsidiary went public, October 26, 2022. (Nasdaq)
September 4, 2024, 9:08 pm
Mobileye founder warns about how war, judicial overhaul hurt Israeli tech
Prof. Amnon Shashua says that while Israelis are used to living in a routine of war, the uncertainty puts off foreign investors and clients, hurting the local tech environment
By Sharon Wrobel
Illustrative image of employees working in the tech sector. (Hadas Porush/Flash90)
August 29, 2024, 6:53 pm
Despite industry resilience, Israeli tech firms have a host of woes as Gaza war drags on
Reserve duty, sky-high travel costs and forced relocation are weighing on smaller companies as they cut, scramble and reorient while trying to prove their worth to investors
By Shoshanna Solomon
Muslim women working on computers (illustrative photo credit: Yossi Zamir/Flash90)
August 28, 2024, 6:02 pm
Innovation Authority invests NIS 35m to lure tech jobs to Negev and Galilee
Addressing challenges posed by the months-long war, funds are allocated to help tech firms open new branches and hire local talent in the north and south
By Sharon Wrobel
Lorne Abony (right) and Tal Shmueli create Israeli-focused Texas Venture Partners. (Courtesy)
July 25, 2024, 9:01 pm
New $50 million Texas fund to scout for battle-tested Israeli defense tech
Texas Venture Partners will invest $1 million-$4 million in early-stage defense tech startups and support local founders with advisory services to help them expand to the US
By Sharon Wrobel
Founders of Israeli startup Cyabra (from left to right): Yossef Daar, Dan Brahmy, and Ido Shraga, (Courtesy)
July 23, 2024, 11:42 pm
Israeli AI startup tracking fake news plans to list on Nasdaq at $70 million valuation
Tel Aviv-based Cyabra has built a platform driven by machine learning algorithms to uncover fake profiles and harmful narratives created by AI-generated fake content and GenAI tools
By Sharon Wrobel
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