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Wednesday, December 8, 2021

News from Israel technology

Tech Buzz: Verbit, Moon Active raise large rounds

It is another wild week in the Start-Up Nation, with more frenzied investment activity and two reported mega-rounds. Israeli start-ups have raised more than $22 billion so far this year, more than twice as much as has been raised...

Israeli technology protects millions of Ghanaian residents from floods

The Israeli start-up company GEOX has developed technology that can predict floods and build dams, which will protect residents in Ghana from flooding disasters. The project, worth more than $200 million and funded by the World Bank, uses three-dimensional...

IAI, UAE’s EDGE announce tech cooperation on final day of Dubai Air Show

Israel Aerospace Industries and EDGE, an Emirati advanced tech company, signed a deal on Thursday to cooperate on the development of unmanned surface vessels (USVs). The USVs to be developed by IAI and EDGE will be able to operate...

Tech Buzz: StarkWare become a unicorn, Justt comes out of stealth mode

It was another busy week in the Start-Up Nation, with more than $400 million raised and one new company becoming a unicorn valued at $2 billion. Israeli start-ups have raised more than $21.5b. so far this year. Overwolf announced a...

Modi’in evolving as Israel’s new tech hub

Something exciting is happening in Modi’in, a city of 100,000 located between Jerusalem and Tel Aviv. Once seen as a sleepy town conveniently located between Israel’s two largest cities, the suburb is starting to emerge as a hi-tech and...

GenCell, EV Motors to work on off-grid charging

GenCell Energy, a leading Israel-based manufacturer of fuel-cell energy solutions, announced it has signed an agreement with EV Motors Ltd., an Israeli importer of electric vehicles, chargers and energy storage systems for electric vehicles. EV is also the exclusive...

Israel tech makes Time’s list of 100 best inventions of 2021

Time magazine’s annual list of the 100 best inventions of the year, released this week, included a number of Israeli-developed technologies. Percepto, based in Modi’in, was...

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