Innovation Technology

Hi-Tech is a comprehensive term that defines all industries that deal with advanced technologies. It primarily refers to technological industries with links to the world of computing, electronics and biotechnology. Israel is advancing Hi-Tech and providing these innovations in the global market for the benefit of healthcare, business and defense.

ZzappMalaria – The new app that can beat back malaria-bearing mosquitos

The app is designed to work even in environments where the Internet is not always available, as well as on low-cost phones.

Earnix joins 'unicorn club' with $75m. investment

The funding will help Earnix expand into new market segments and regions, increase investment in product innovation, rapidly accelerate hiring and support M&A activities, the company said.

21/02/2021

Could Israeli technology help reopen airports, travel worldwide?

The system has already been introduced as a pilot at gates, seating areas and other high-traffic zones around the Orlando International Airport.

Bank Hapoalim

Ahead of Apple Pay, Bank Hapoalim launches Israel's first digital wallet

The new wave of digital wallets is expected to change the way Israelis make commercial payments.

17/02/2021
Eitan Tsarfati CEO and Co founder of Swapp

Israeli AI company Swapp raises $7 million dollars in seed money

Swapp is a company that uses a single AI platform that it developed in order to help construction companies and real estate developers to easily develop their construction plans and their budget.

Frutarom becomes Tastepoint, expanding reach in Israel's food industry

The move will leverage Frutarom's production and distribution capabilities of flavor and fragrance extracts and expand their presence in Israel.

15/02/2021

Israel carries out first-ever worldwide drone test without GPS, succeeds

The successful test is a major step on the road to establish commercial drone delivery operations in Israel.

Israeli start-up focusing on AI-based solutions secures $8m. in seed

"Our mission is to deliver AI users best in class system performance while significantly reducing cost and power,” said Founder and CEO of NeuReality Moshe Tanach.

Israel among 10 most innovative nations in the world, but sliding down

The Jewish state is currently number 7 on the Bloomberg Innovation Index, in 2019 it was listed at the fifth place.

Israeli firm TikTalk brings AI to speech therapy

The global market for speech therapists is believed to be valued at more than $60 billion, with about 40% of that in the US.

11/02/2021
Visitor shakes hands with an operational robot policeman at GISEC in Dubai

GISEC cybersecurity confab in Dubai could be big for Israel

The UAE's big cybersecurity expo may give Israeli companies the platform they need to succeed.

Israeli firm CYE raises $100m. for advanced cybersecurity approach

'We offer a premium cybersecurity service, and it costs a lot more'

10/02/2021

Oracle to launch massive underground cloud data center in Jerusalem

Spread across thousands of meters, it is designed to be one of the most secure in the Middle East.

10/02/2021

With huge tech growth, Israel's start-up nation becomes scale-up nation

While Israel has had a number of high-profile companies for many years, the past two years have seen an explosion of scaled-up company investments and exits.

08/02/2021

IAI unveils groundbreaking aerial surveillance system - watch

WASP’s coverage area and resolution changes according to its platform and operating altitude.

08/02/2021

Hyundai, Kia say Apple car deal is off, puncturing investor dream

As recently as last week, media outlets including CNBC reported that a deal was close to being finalised. One South Korean report said the two companies were set to sign the deal on Feb. 17.

By REUTERS
08/02/2021

Leadspace raises $46 million in Growth Funding, welcomes new CEO

"The company has added an impressive roster of new clients — including Salesforce, American Express, and Zoom — to establish its leadership in the category."

Israeli researchers create smart agritech solution to detect crop stress

Crop stress is a major concern in the field of agriculture, as it can mean the difference between a plant's growth and lifespan.

Israeli firm launches pilot in San Diego for eco-friendly shoreline armor

ECOncrete's COASTLOCK Tide Pool Armor could protect shorelines against erosion and storm flooding while also preserving tide pool habitats for marine life.

Coronavirus leads Israel's tech workers away from the city

Residents of Israel's expensive and congested central region are finding that the rise of working from home makes the advantages of city life less appealing.

02/02/2021

Israeli-made SoundBeamer: Listen to audio without earphones

Made by Israeli start-up Noveto, SoundBeamer will change the way people listen.

By NERIA BARR
02/02/2021
General view of the US head office of TikTok in Culver City, California, US, September 15, 2020.

Check Point researchers discover security vulnerability on TikTok - again

According to the team's findings, an attacker could use this vulnerability to connect between personal information on users' profiles and their corresponding phone numbers

Data privacy to be at greater risk without government intervention

Data Privacy Day is observed in 50 countries around the world on January 28 in order to raise awareness and promote privacy and data protection best practices.

30/01/2021
A GameStop store is photographed in Austin, Texas

Texas A-G probes GameStop stock trade curbs from Robinhood, others

"This apparent coordination between hedge funds, trading platforms, and web servers to shut down threats to their market dominance is shockingly unprecedented and wrong," Paxton said in a statement.

By REUTERS
29/01/2021

Quantum apocalypse? - Super computer arms race will remake the world

Quantum computing will eventually alter and overturn the war-fighting playing field.

Quantum Computing 101 -What it is, how is it different and why it matters

Quantum is the state of things being unknown at the subatomic level until they can be observed and moves from the byte to the “qubit.”

Israeli cannabis oil 'espresso machine' start-up smashes funding goal

The company says it is only months from launching its product in Israel and plans to enter the US market next year.

Bringg partners with Uber to provide 'Amazon-like' delivery speed

"The back-end of retail success is a matter of two things: Setting up the technology to properly orchestrate your fulfillment network, and the fulfillment network itself.

27/01/2021
Khouloud Ayuti and Ariella Rosen, the co-CEOs of PresenTense, January 26, 2021.

Arab-Israeli entrepreneurs get boost, mentorship program

"In these times of growing uncertainty and increasing social gaps between diverse communities in Israel, we are proud to provide immediate support for Arab entrepreneurs."

A Finnish tech company is one step closer to bringing us autonomous cars

The problem is the reality of harsh weather conditions, as that is when people rely on their cars the most.

Cyber sector jumps 70% in 2020

Coronavirus caused massive need for readiness against hacking

Israeli Cybersecurity start-up completes $6.5 million funding round

"History is full of stories about cases where there was an alert somewhere, but they did not see or hear it until they were questioned back after the disaster."

Israeli firms are to compete in New York's new clean energy competition

"NYPA's collaboration with Israeli technology companies will yield mutual benefit by introducing new solutions for commercial usage in large scale electric utilities."

Israeli agricultural start-up Vertical Field signs agreement in UAE

Within the agreement, Vertical Field will undergo a pilot program within the UAE, which will feature farms with some of the "most suitable crops for the local market."

A bathroom of one’s own

By JASON BLACKSHAW
21/01/2021
Prof. Irit Bahar and Dr. Gilad Litvin with first-in-human KPro patient and his daughter

Sight returns to the blind with first-ever artificial cornea transplant

The CorNeat KPro implant is designed to replace deformed, scarred, or opacified corneas.

20/01/2021
Coronavirus & Israeli Tech

‘For hi-tech, a strong shekel is even worse than coronavirus’

“The situation today is that hiring an Israeli programmer is now about 10% more expensive than it was a year ago.”

17/01/2021
Eli Cohen, Mekorot National Water Company

'Mekorot brings technological developments to world’s water economies'

“Mekorot promotes innovative water technologies.”

Three Israeli start-ups appear in Forbes 2021 list

Known as the Start-up Nation, Israel has proven to be one of the most advanced countries in the field of machine-learning.

By GADI ZAIG
17/01/2021

Virgin Orbit tries to reach space with mid-air rocket launch

The rocket ignited its NewtonThree engine for a few seconds but cut off mid-air due to a broken propellant line, Virgin Orbit's Chief Executive Dan Hart said in July.

By REUTERS
17/01/2021

Israeli AI tech aims to transform patient care for the better

“The imaging AI allows a clinician to see the progression of COVID-19 in the lungs, and helps the doctor decide if the patient needs to go to the ICU, needs a ventilator, or if the condition of the patient is not critical.”

Glilot partners (L-R) Arik Kleinstein, Nofar Amikam,  Lior Litwak, and Kobi Samboursky

Glilot Capital launches $170 million growth fund

The new fund, which has already completed several investments, is earmarked for post-Series A enterprise software and cybersecurity companies.

13/01/2021
Web code (illustrative)

World Wide Web's father wants to remake cyberspace all over again

This new, updated web will enable the kind of person-to-person sharing and collaboration that has helped make the big social media services so successful while leaving the user in control."

By REUTERS
12/01/2021
Coronavirus & Israeli Tech

From $1,000 in Mexico to sanitization drones: Israeli COVID-19 enterprise

With minimal time to react, governments and private enterprises were forced to mitigate an unforeseeable crisis in the making and take on heavy losses.

The Telegram logo is seen on a screen of a smartphone in this picture illustration

Telegram bug enables users to track down where others live - report

The instant messaging platform is famous for its heavy encryption.

COROBOT: Fighting COVID-19 with robotics

The COROBOT-2 prototype is enhanced to be able to navigate alone while seeing and reading signs marked with QR codes placed throughout the hospital.

By SARAH HERSHENSON
09/01/2021

Intel's new facial recognition system for ATMs is made in Israel

Traditional authentication methods leave users vulnerable to ID theft and security breaches, Intel said, leading companies to pursue facial authentication technology for higher security standards.

07/01/2021

Tech salaries in Israel fell 7% in 2020 - survey

Tech companies reported declines of 30% in revenues, which led many companies to release their less-established workers.

07/01/2021

Is Israel’s scarcity of water a blessing in disguise?

Israel is a small country on the edge of the desert with scant amounts of water, yet today it is considered a water superpower.

Gadfin: Israeli firm opens new horizons in the field of air cargo drones

Gadfin are experts in constructing drone aircraft and providing the logistics and capabilities for autonomous drone delivery services between businesses, hospitals and work centers.

By SARAH HERSHENSON
07/01/2021

Tesla cars officially approved for sale in Israel

Tesla's Model 3, Model S and Model X were approved for sale in Israel.

06/01/2021
 Jessica Rosner and Jennifer Elias, the founders of Tech It Forward

Who are Israel's Startup World Cup finalists?

About 100 startups applied for the competition, and the seven judges met with 58 of them before choosing the finalists.

06/01/2021

Erel Margalit: Technology can create bridges between Israel, Gulf and region

There are several main areas that can underpin this new world of technology, innovation and cooperation in the Gulf.

Payments by Selfie: New tech lets stores be paid by facial recognition

A Holon-based startup is looking to make the entire shopping process as simple as taking a selfie.

03/01/2021

Fabric: A new messaging platform in augmented reality

On Fabric, you can discover and interact with others who are within a local radius to connect, share a moment or lend a hand.

02/01/2021

Toyota Israel launches AR mobile game to drive Land Cruiser

While Israelis are confined to their homes during the third coronavirus lockdown, they can still experience an off-road adventure.

31/12/2020

Israel’s top 10 hi-tech exits of 2020

Here are the largest acquisitions and public offerings of 2020, adapted from information provided by PwC Israel.

29/12/2020
The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei

Israeli M&As fell by 50% during COVID - report

More than half of the deals in 2020 were in hi-tech (5.1b.), followed by the energy ($1.8b.) and food ($1.6b.) sectors.

29/12/2020

Update your smartphone or lose out on WhatsApp update

This is not the first time Whatsapp was updated

By BARUCH MOORE
28/12/2020
A hooded man holds a laptop computer as a blue screen with an exclamation mark is projected on him i

Israel Police reports a staggering 8,377 cyberattacks for 2020

"I have no doubt that the number of cases that will deal with identity theft and the stealing of payment method information in 2021 will shatter all records."

Israeli start-up to allow sports fans to watch 3D games in real time

The need for volumetric video has been amplified greatly this year by the coronavirus pandemic, which has left many fans aching to again experience live entertainment.

Money

IVC: 2020 was a record year for Israeli tech

The Startup Nation raised a record $9.9 billion in 578 deals, despite the global crisis.

24/12/2020

92% of all WordPress attacks are on Israeli sites - report

The report also found that ​Israeli sites of all types were targeted far more often than those of any other country during the last quarter.​

23/12/2020

Facebook Israel launches digitalization initiative for small businesses

The project seeks to partner with local municipal authorities to offer an online training system, personal mentorship, long-term strategic support and access to community resources.

23/12/2020

Tel Aviv Stock Exchange boasts 'peak year' for 2020

Israel’s bourse reported significant increases in daily trading volume and IPO activity, along with mixed stock results.

22/12/2020

Despite coronavirus, 2020 was a record year for Israeli tech exits

Israeli IPOs and acquisition deals of technology firms soared by 55% to a whopping $15.4 billion in 2020, as the average deal size more than tripled.

22/12/2020

Israeli spyware allegedly used in Al Jazeera hack

Apparently dozens of workers at Al Jazeera, the Qatari state-owned media company, have been the target of a cyberattack likely linked to the governments of Saudi Arabia and the United Arab Emirates.

By BARUCH MOORE
22/12/2020
Ophir Harpaz (L) and Omri Marom, security researchers at Guardicore.

Israeli cyber experts uncover massive attack on 85,000 MySQL servers

At least 250,000 databases have been compromised by anonymous group of hackers who remain at large

By MAYA MARGIT/THE MEDIA LINE
22/12/2020

Did COVID-19 lead to Israel’s new cyber weakness? - analysis

Top cyber officials in Israel and the US have repeatedly confirmed that the corona era has created a myriad of new vulnerabilities.

Feet (illustrative)

Insoles firm Upstep launches new manufacturing

Upstep became the No. 1 online medical authority in the United States for the treatment of foot pain after three years in the US market.

computer

MDClone partners with Dept of VA to improve healthcare for veterans

The Beersheva-based digital health company will provide secure access to clinical data for more than nine million US veterans.

German government funds new initiative to connect with Israeli startups

This is the first time that the German government, on the basis of an official decision by the Bundestag, will invest in the Israeli start-up ecosystem.

21/12/2020

Home furnishing with flair

The best way to see the effect of a certain piece of furniture in one’s home environment is to experience its physical presence.

By JASON BLACKSHAW
21/12/2020

Predictive Hebrew learning created by immigrants wins Jerusalem Hackathon

The hackathon was held online due to COVID-19 restrictions.

"Code Plus" program

Israeli children over 10 wrote code to create a digital menorah

More than 15,000 students in about 120 schools across Israel have participated in the programming program.

An individual dose of the filled SARS-CoV-2 vaccine candidate made by biotech company IDT Biologika

Israel's FutuRx, US-based Atomwise enter into strategic partnership

The A2i Therapeutivs joint venture project will be funded by the Israeli Innovation Authority, FutuRx investors and addition resources and support provided by Atomwise.

WhatsApp tests voice and video calls on desktop version - report

The move to facilitate calls over large screens would put WhatsApp on par with video-conferencing bigwigs Zoom and Google Meet.

By REUTERS
18/12/2020

OrCam named as CES 2021 Innovation Awards Best of Innovation Honoree

The device helps those with reading disabilities more easily understand text.

18/12/2020
Israeli model May Tager, holding an Israeli flag, poses with Dubai-resident model Anastasia, holding

Firms sign first Israeli-Emirati biomed deal

MediWound signs NexoBrid agreement with Ghassan Aboud Group

Nikki Haley: Resumption of Iran deal would be ‘devastating’

Israel innovation, our collective future - with Ambassadors Danny Danon and Nikki Haley

Artificial intelligence

Financial regulators increase AI engagement amidst COVID pandemic

Israeli startup Fintica AI can identify anomaly and fraud detection as well as risk protection and market event classification.

An information analyst works in front of a screen showing a near real-time map tracking cyber threat

Subtle cyberattack met by swift cybersecurity acts

Data is the new oil, computer expert Dr. Reuven Lerner said.

By JOSHUA SHUMAN/THE MEDIA LINE
15/12/2020

Preparing for a post-coronavirus global arena at the DiploTech Conference

The conference will be held in collaboration with The Jerusalem Post Group, at the initiative of former ambassador Danny Danon.

SpaceX's Starship prototype explodes on landing after test launch

The Starship rocket destroyed in the accident was a 16-story-tall prototype for the heavy-lift launch vehicle being developed by billionaire entrepreneur Elon Musk's private space company.

By REUTERS
10/12/2020
Bank Hapoalim CEO Dov Kotler speaking at GITEX on December 7, 2020.

Bank Hapoalim CEO optimistic about Israel UAE technological future

"We are learning quickly, we are thinking globally," Dov Kotler, Bank Hapoalim's CEO said, referring to to the mutual investments born out of the Abraham Accords.

View of the construction site of 'Mechir Lamishtaken' at Armon Hanatziv neighborhood in Jerusalem on

Annual forum examines financial losses to businesses due to coronavirus

"We are on the brink of an earthquake. The population is steadily growing, as are their needs, and the Israeli government hasn't offered a single solution," said the CEO of one construction company.

Israeli start-up UBQ will recycle Israeli waste into Indian car parts

UBQ's tech allows companies to turn all types of waste – including food scraps and plants, various plastics, cartons and even dirty diapers – into useful raw materials, called thermoplastics.

Hour of Code teaches programming in Israel and around the world

Over 100 million students around the world have taken place in Hour of Code events that teach programming and code writing since the project launched seven years ago.

An information analyst works in front of a screen showing a near real-time map tracking cyber threat

AI needed to vet 100 billion cyber threat items per day

‘Minority report’ level tech may soon guess cyber crimes before they happen

In honor of IDF Injured Veterans Day, Makers for Heroes does it again

From building VR glasses to a wheelchair-bound vet so he can experience running again, to helping another without an arm fly a drone, MFH helps people restart their lives.

Klil establishes shutter factory with NIS 20m.

The factory is designed to produce shutters and shutter boxes ready for installation in industrial quantities.

Can an Apple search engine ever compete with Google?

Apple’s entry in to the search engine market comes 11 years after Microsoft’s Bing made its debut, the only other noteworthy competitor to Google to date.

By REUTERS
02/12/2020

Phishing scams increase in Israel and across the globe during holidays

Using data from tens of millions of endpoints around the world, Check Point Research recently detected a significant increase of phishing emails impersonating the world's largest shipping companies.

Kramer Signs Gulf-area distribution agreement

Kramer will showcase its offering at GITEX Technology Week at the Dubai World Trade Center on December 6th-10th.

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