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Israel Tech Startups and Innovations: Weekly Roundup September 21 – 27, 2024

Tel Aviv at sunset, Israel

Israel Tech Startups and Innovations: Weekly Roundup September 21 – 27, 2024

New Startups / VC Funding
Google’s AI First Accelerator Selects 3 Israeli Startups: Geneyx, Dtect Vision, Bagel AI
Three Israeli startups have been selected to participate in Google’s new AI First accelerator. The three firms are Geneyx, an Israeli medtech startup that offers a genetic data analysis and interpretation platform, Dtect Vision, an AI-based software development company and Bagel AI, which empowers product and go-to-market teams inside their daily tools with real-time product suggestions, sales and customer success teams.

Google’s new AI First accelerator is a… Read More Here

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Israel’s Everads Showcases Breakthrough Suprachoroidal Delivery Technology in Clinical Trial
Israel’s Everads Therapy is a biotech startup developing optimized retinal therapies by leveraging its novel suprachoroidal delivery technology. The firm released the initial clinical results from a first-in-human study of its platform for non-surgical delivery of therapeutics to the back of the eye via the suprachoroidal space.

Initial clinical results from a first-in-human study were… Read More Here

3D Geospatial Tech Revolutionizes Insurance: Israeli Startup GEOX Enhances Underwriting and Claims
GEOX is an Israeli startup that uses 3D technology and geospatial imagery for insurance underwriting and claims. The company raised $19 million in a Series A funding round led by Flashpoint Venture Capital, with participation from Suretech Partnership, as well as investors Ariel Maislos and Noam Lanir. Geox has now… Read More Here

Cloud Security Remediation Breakthrough: Israeli Startup Tamnoon Launches First
Tamnoon is an Israeli startup that offers a managed cloud security remediation platform. The company raised $12 million in a Series A round of funding led by cybersecurity investment firm Bright Pixel Capital (formerly Sonae IM). Tamnoon is the first and only hybrid human-AI managed service developed from the ground up specifically for cloud… Read More Here

AI-Powered Security Automation: Israeli Startup Torq Revolutionizes Cybersecurity
Torq is an Israeli cybersecurity startup that offers AI-first security hyperautomation. The firm closed a $70 million Series C funding round, led by Evolution Equity Partners. Torq has now raised a total of $112 million in 2024, bringing the company’s funding since its 2020 inception to $192 million.

AI-first security hyperautomation is… Read More Here

Israeli Startup Enzymit Revolutionizes Biochemical Manufacturing with Cell-Free Enzyme Technology
Enzymit is an Israeli biochemical startup developing cell-free enzymatic manufacturing technology. The firm closed a $10 million Series A funding round, which was led by Grove Ventures and Khosla Ventures, with participation from previous investors First Star Ventures and Sapir Venture Partners.

Enzymatic is an adjective used to describe something… Read More Here

Israeli Startup Bluebricks Empowers Businesses with Vendor-Agnostic Flexibility for Evolving Needs
Bluebricks is an Israeli startup that offers cloud infrastructure management services. The company raised $4.5 million in a seed funding round led by Flint Capital and Glilot Capital Partners.

With over 70% of businesses expected to adopt industry cloud platforms by 2027, managing infrastructure at scale in multi-cloud environments presents…. Read More Here

Politics
Hezbollah Launches Massive Rocket Attack on Northern Israel from Lebanon
Israelis woke up Sunday morning to a massive rocket barrage launched at the north of their country by Hezbollah terrorists based in Lebanon. At this time at least three people have been confirmed killed in the strikes.

At least 105 rockets slammed into northern Israel in two different…. Read More Here

IDF Warns Southern Lebanon Residents to Evacuate: Urgent Alert Issued
The Israel Defense Forces (IDF) Monday morning issued a warning to the residents of Lebanon’s southern villages to evacuate. The warning was issued because the IDF plans to launch strikes in these areas as Hezbollah terrorists are using them to hide their rockets and missiles.

IDF spokesman Rear Admiral Daniel Hagari released a video in which he presented footage of a private home in a south Lebanese village where… Read More Here

FBI Reports Surge in Anti-Jewish Hate Crimes, Hitting All-Time High
The FBI reported a 63% increase in anti-Semitic attacks in the year 2023. There were 1,832 incidents up from 1,122 in 2022. This was revealed in comprehensive data on over 14 million criminal offenses reported to the Uniform Crime Reporting (UCR) Program by participating law enforcement agencies in 2023 that the FBI published. More than 16,000 state, county, city, university and college, and tribal agencies, representing a combined population of 94.3% of the US inhabitants, submitted data to the UCR Program through the National Incident-Based Reporting System (NIBRS) and the…. Read More Here

Science/Culture
Microbiome-Aggression Link in Mice Discovered by Israeli Researchers
A recent study conducted by Professor Omry Koren and graduate student Atara Uzan-Yuzari at the Azrieli Faculty of Medicine at Bar-Ilan University identified a strong link between the gut microbiome and aggressive behavior in mice. Published in the journal Brain, Behavior, and Immunity, the research demonstrates how alterations in the microbiome, particularly resulting from early-life antibiotic exposure, can contribute to… Read More Here

Gulf of Eilat Corals Contaminated by 10 Pharmaceuticals, Groundbreaking Study Reveals
A recent study conducted by Tel Aviv University and the Steinhardt Museum of Natural History has revealed widespread pharmaceutical pollution in the Gulf of Eilat. Researchers discovered traces of 10 commonly prescribed medications, including the antibiotic sulfamethoxazole, in coral samples collected from both shallow and deep waters. Sulfamethoxazole, often used to treat respiratory and urinary tract infections, was particularly prevalent, being detected in... Read More Here

Other Business Stories
Israel Tech Sector Resilient Despite War: Innovation Authority Reports Slowed Growth
Marking one year since the onset of the “Iron Swords” War, the Israel Innovation Authority unveiled a comprehensive report providing a fresh perspective on the Israeli high-tech sector and how the ongoing war has influenced its development. As a pivotal pillar of Israel’s economy, the high-tech industry contributes over half of the country’s exports, a third of employee income tax revenue, and a fifth of its gross domestic product (GDP). However, due to its heavy reliance on foreign…Read More Here

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