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Israeli Innovation Unveiled

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Israel's Ben-Gurion University sparks innovation from within, launching deep-tech Oazis accelerator

Yazamut360, the entrepreneurship center of Ben-Gurion University of the Negev (BGU), announces the launch of its Oazis Accelerator. Powered by IMB Alpha Zone, Oazis is an academy-based accelerator that leverages BGU's advantages in technology and entrepreneurship to grow deep-tech startups. The accelerator venture, which is managed by Michel Assayag,...

Hysolate raises $10M isolating data-security fear in visible virtual workspaces

Israeli startup Hysolate, which creates secure isolated virtual workspaces for end-users, announced a $10 million funding round led by Planven, with existing investors Bessemer Venture Partners and Team8.Low funding for new productHysolate’s virtualization technology secures corporate assets by creating isolated virtual spaces, using a hypervisor underneath...

Israeli startup develops bacteria & virus killing COVID mask with Graphene filter

The disposable surgical masks we use to protect from Coronavirus mostly provide passive protection and a lot of times find themselves tossed after use, further adding to our global pollution problem. Israeli startup LIGC develops active filters made from Graphene, considered to be strong and highly conductive material. Utilizing its flexible characteristics,...

Israeli startup Phytolon sees green$$ for plant-based food color solution

Israeli foodtech startup Phytolon, which develops plant-based food coloring, completed a $4.1 million funding round. The investment was led by Millenium Food-Tech, EIT Food, British investor Vincent Tchenguiz’s Consensus Business Group, The Trendlines Group, Israel Innovation Authority, and former President and CEO of Elbit Systems, Yossi Ackerman.Phytolon...

Armed with 3 FDA approvals since the pandemic outbreak, Aidoc adds $20M to Series B

Israeli startup Aidoc, which develops an AI-powered diagnostic solution for radiologists, announced an extension of its Series B, reeling in another $20 million, bringing the total of the funding round to an impressive $47 million. The investment saw existing investors such as Magma Ventures, TLV Partners, Square Peg Capital, and Emerge alongside newcomers...

Zero trust but a whole lot of love: Cyber giant Check Point acquires Israeli startup Odo

Today (Wednesday), Israeli cyber giant Check Point announced it will acquire Israeli startup Odo Security, which develops a distributed and compartmentalized virtual network that provides zero-trust-always-verify, protection. The exit number is still up in the air, but according to reports looks to be in the area of $30 million. Furthermore, all current...

Israeli startup Sternum scores $6.5M to secure IoT devices

Israeli startup Sternum, which provides cyber-security for IoT devices, announced a $6.5 million Series A funding round. The investment was led by Square Peg Capital, with BTOV Partners, and Angel investors, including CyberArk CEO Udi Mokady, also getting in on the action.Securing IoT at the code levelSternum’s security solution provides comprehensive...

BMW upgrades its smart vehicle capabilities with Tactile Mobility collab

Israeli startup Tactile Mobility, which develops technologies enabling smart vehicles a comprehensive feel of the road, announced a commercial partnership with leading German automotive giant BMW Group. The commercial collab will see the Israeli startup’s software tech embedded on a global scale in BMW’s Next-Gen fleet of vehicles, starting in 2021."We...

Israeli startup Varada lands $12M, adding ML to your data lakes

Israeli startup Varada.io, which operates in the Big Data Inline Indexing industry, announced a $12 million Series A funding round. The investment was led by MizMaa Ventures, and saw participation from existing investors Gefen Capital, as well from StageOne Ventures, Lightspeed, and F2 Venture Capital.Added ML to better utilize your dataLarge organizations...

Investment firm Hetz Ventures secures $77M for its 2nd fund

Israeli venture capitalist firm Hetz Ventures announced the closing of a $77 million fund, becoming the VC’s second fund, managing a total of upwards of $130 million. After scoring initial funding in April, July came with the ticket being over subscribed, showing that the COVID crisis wasn’t as much of an obstacle for the VC.The fund already has 2 investments...

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