Startup

Apple buys secretive Israeli AI company Q.ai for $1.6 billion in biggest acquisition of its history

With the move, Apple aims to improve its access to AI technology, which has suffered recent setbacks, especially after several delays in deploying Apple Intelligence's full announced capabilities.

 A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store at Grand Central Terminal in New York City, US, April 14, 2023. Uploaded on 31/5/2024
Memcyco announced that it has secured $37 million in Series A funding.

Cybersecurity startup developing rapid-response fraud detection secures $37 million Series A round

Upwind is led by CEO and co-founder Amiram Shachar, whose previous startup, Spot.io, was acquired by NetApp in 2020 for $450 million.

Israeli-founded Upwind hits unicorn status with $250 million Series B led by Bessemer

Crypto Market.

Lionsgate Network: Exposing crypto terrorists with advanced blockchain technology


Hotel procurement startup Reeco secures $15m. in Series A funding 

The startup aims to revolutionize hotel procurement by replacing traditional manual processes and legacy systems with a unified digital platform.

Reeco founders Henrik Shimony and Omri Shalev.

Mentalist Lior Suchard makes shocking business move: Joining a VC

Lior Suchard and Shai Michel, the latter a managing partner at the Merlin Foundation, are childhood friends who have known each other since the age of 17.

Lior Suchard

Blockchain giant Chainalysis acquires startup Alterya

Alterya is a real-time fraud prevention company that focuses on early detection of social engineering scams.

 Blockchain giant Chainalysis will be acquiring Israeli fraud prevention company Alterya.

Startup Lili named best bank for small and medium-sized businesses in the U.S.

The financial website Tearsheet has crowned the startup, which develops and manages a digital banking platform in the U.S., serving over 600,000 businesses.

 Lilac Bar David and Liran Zilka

Hope and innovation are the tools we need to rebuild - opinion

The private sector, nonprofits, and individuals all have roles to play in Israel's recovery.

 Strategic AI investment in Israel could create 50,000-100,000 jobs and add $100-$200 billion to GDP within five years, mirroring trends in other countries.

Four Tel Aviv startups named in TIME’s best inventions of 2024

Four Tel Aviv startups land on TIME’s list of 2024’s best inventions, showcasing Israeli innovation.

 BeeHero's Pollination Insight Platform sensor.

Plant-based startup granted approval to market its products in Israel

Imagindairy, produces sustainable, animal-free dairy proteins that are identical in taste, texture, and nutritional value to cow milk proteins, according to the company statement.

 Imagindairy's lactose-free, hormone-free, cow-free milk

Hitachi brings Israel’s Cynamics cyber technology to the Asian market

Hitachi partners with Israeli startup Cynamics, integrating its AI-based cyber technology to predict and respond to network threats, setting new standards for cybersecurity in Asia.

 The founders of Cynamics: Eyal Elyashiv and Aviv Yehezkel

Israel's Defense Ministry sees startups as vital for war effort

Representatives of the Ministry of Defense, investors, and entrepreneurs participated in a conference dedicated to startups operating in the security field.

  THE MINISTRY of Defense building in Tel Aviv

Luzzatto Group joins Ofakim Innovation Hub to support Israeli startups

Israel's leading IP and patent group, the Luzzatto Group, partners with Sarona Partners at the Ofakim Innovation Center to empower startups.

 From right: Michal Luzzatto, Dr. Kfir Luzzatto, Lilach Luzzatto Shukron, Tamar Luzzatto, Dr. Ester Luzzatto