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StartUps

Israel High Tech Scene June 8 – June 14

Tel Aviv

Tel Aviv at sunset, Israel Startup Israel

Israel High Tech Scene June 8 – June 14

New Startups / VC Funding
Insightec Secures $150 Million To Beam In A New Era Of Surgery
Remember Star Trek’s futuristic surgery without scalpels? Insightec, an Israeli medical technology company, just got $150 million closer to making that vision a reality. The company secured funding to advance its focused ultrasound technology, offering a minimally invasive alternative to traditional surgery.

The funding will support Insightec’s continued development and commercialization of focused ultrasound technology, a non-invasive treatment approach with the potential to transform patient care across various… Read More Here

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Other Business Stories
WeWork 2.0: Israel’s Anant Yardi Revives Fellow Israeli Adam Neumann’s Failed Firm
WeWork, the co-working company founded by Israeli Adam Neumann that once dazzled the tech world with its sky-high valuation, is undergoing a dramatic transformation. After a spectacular fall from grace that culminated in bankruptcy, WeWork is back in business under new ownership and a renewed focus on financial stability. This reboot is led by another Israeli entrepreneur, Anant Yardi, a seasoned veteran in the real estate software industry. Anant Yardi’s vision for WeWork marks a significant shift from the company’s free-wheeling past… Read More Here

US Considers Lifting Sanctions On Israeli Tycoon Dan Gertler For Congolese Mining Exit
The Biden administration is considering a controversial deal with Israeli businessman Dan Gertler, according to a Financial Times report. The proposal would lift sanctions on Gertler in exchange for his selling his remaining mining interests in the Democratic Republic of Congo (DRC) back to the government.

Dan Gertler, a billionaire, has been accused of corruption in the DRC and placed on the US sanctions list in 2017. However, the US now sees an opportunity to both improve relations with the DRC and gain access to critical minerals for technology. The DRC is the world’s leading supplier of cobalt, essential for… Read More Here

IPOs and Unicorns
Semperis: The Latest Israeli Unicorn Is Leading The Charge In Identity Security
Semperis, a rising star in the Israeli cybersecurity scene, has achieved the coveted “unicorn” status, joining the ranks of privately held companies valued at over $1 billion. This remarkable feat, fueled by a recent $125 million funding round led by J.P. Morgan and Hercules Capital, underscores Semperis’ innovative approach to safeguarding critical identity information in today’s increasingly complex digital landscape.

Founded in 2015, Semperis emerged from the heart of Israel’s… Read More Here

Politics
The Maldives Delays Ban On Israeli Travelers
The Maldives, a small Pacific island nation, has delayed its ban on allowing Israeli citizens to enter the country. Maldives Attorney General Ahmed Usham announced the delay because, as he explained, many holders of Israeli passports are actually Palestinians.

Usham, in a recent press conference reported by MV Republic, acknowledged the need for further review regarding a full ban on Israeli passport holders… Read More Here

Quentin Tarantino Harassed By Israel Hating Social Media Personality Crackhead Barney
Quentin Tarantino, a two-time Oscar winner whose name is synonymous with cult classics like “Pulp Fiction” and “Reservoir Dogs,” has found himself entangled in a social media firestorm. A recent incident at Che Li on St. Marks Place, a New York City restaurant saw him accosted by social media personality and Israel hater “Crackhead Barney.” This encounter throws light on Tarantino’s personal connection to Israel, a topic that has sparked both support and criticism.

While dining at a Manhattan restaurant, Quentin Tarantino was the target of a verbal attack by Crackhead Barney, a social media personality known for her… Read More Here

Gazans Are Now Speaking Out About How Hamas Terrorists Hold Israeli Hostages In Their Own Homes
There is new testimony from people in Gaza who lived near the private residence where Israelis held hostage by Hamas terrorists were kept. Almog Meir Jan, Andrey Kozlov, Shlomi Ziv, were held in the home of Dr. Ahmed Al Jamal and the Wall Street Journal spoke to locals about it.

The Wall Street Journal merely followed up on what was already reported by the IDF: Ahmed Al Jamal held three of the freed Israeli hostages in his home in Nuseirat, Gaza. He was killed in the rescue and his home was… Read More Here

Israeli Nuclear: 90 Warheads, Ability To Launch From Planes, Missiles And Submarines
SIPRI Report raises concerns about the world’s nuclear landscape. The global nuclear club includes eight countries. The Israeli nuclear secretive program is part of a broader trend of nuclear modernization.

The Stockholm International Peace Research Institute ( SIPRI) Yearbook emphasizes the deteriorating state of global security, with the wars in Ukraine and… Read More Here

Archeology/History
Ancient Mariners Emerge From The Deep: Unveiling A Lost Shipwreck In The Mediterranean Sea
The depths of the Mediterranean Sea have yielded a remarkable discovery, shedding new light on the navigational skills and trade practices of ancient Canaanite mariners. A team of experts from the Israel Antiquities Authority (IAA) and Energean, a natural gas company, have collaborated to recover cargo from a 3,300-year-old shipwreck, the deepest ever found in the Eastern Mediterranean. This incredible find, dating back to the Late Bronze Age (14th-13th centuries BCE)… Read More Here
… Read More Here

Science
Israeli Researchers Find Connection Between Gut Bacteria And The Mind
Professor Ruth Feldman’s groundbreaking research at Reichman University sheds light on a potential link between gut bacteria and the development of post-traumatic stress disorder (PTSD). Her study focused on Israeli children living near the Gaza Strip and exposed to traumatic events like the 2008 Hamas massacre and explores the fascinating connection between our gut microbiome and mental health.

The study suggests that similarities in gut bacteria between mothers… Read More Here

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