Category: Business

Israeli fintech firm Stampli, an AI-powered accounts payable automation developer, has successfully raised $61 million in a Series D venture funding round. The round was spearheaded by Blackstone and featured the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta and NextWorld Capital. This latest funding round takes the total amount raised by the […]

Israel should halt government subsidies to yeshiva students and increase educational budgets for the Arab community, the Organization for Economic Cooperation and Development (OECD) said Tuesday in its annual report. The report highlighted concerns over the underrepresentation of certain groups, particularly within the haredi and Arab populations, in the “thriving hi-tech industry.” These groups […]

A new analysis of TikTok use throughout the world conducted by Canopy.us, an AI app focused on digital family safety, has shown Israel as one of the countries most trigger-happy when it comes to the removal of content.  TikTok has faced significant backlash in recent years over what was seen as its lax moderation […]

Israel Aerospace Industries (IAI), Israel’s world-leading aerospace and defense company announced on Tuesday a cooperation agreement for the sale of two cutting-edge satellites to Azercosmos, a pioneering force of Azerbaijan in the space industry The satellites are uniquely advanced, having better than 0.5-meter native resolution and a long life span with high imaging performance. This […]

AD Stretch Accelerator, powered by Avery Dennison, is a non-dilutive startup accelerator focused on customer engagement, sustainability, and materials innovation. You get the chance to join a unique community of like-minded disruptors and tap into valuable resources to rapidly grow your innovative solution. Scale Up with Avery Dennison – an 88-year-old Startup! Over the last […]

The landscape of venture capital investing has seen remarkable shifts over the past few years. As global markets have weathered significant turbulence, new opportunities and challenges have emerged for investors. Harmonix Ventures, an early-stage VC fund, has been at the forefront of this dynamic environment, strategically positioning itself at the intersection of healthcare, life […]

Chinese electric vehicle (EV) manufacturer, XPeng, has reaffirmed its commitment to global expansion by way of a recent shipment of 750 electric vehicles to Israel. This notable shipment, the largest single batch for the year, underscores XPeng’s aggressive push to extend its presence beyond its domestic market. Via a strategic partnership with local partner […]

As part of International Breast Cancer Awareness Month, which takes place every year in October, the Ofer Malls group is organizing an activity for the One in Nine association, which will be held in all 18 malls of the chain nationwide, starting from October 15, lasting for a week. As part of the activity, […]

Global economic growth is declining to about 2.5 per cent this year, the UN said. Apart from the initial COVID-19 crisis three years ago, and the global financial crisis in 2009, this represents the weakest level since 2001.  Given the size of the contribution of cities to national economies, the future of many countries will […]

Israeli tech company Nanovel has been stealthily developing a game-changing solution for the challenges facing the citrus-harvesting industry. Leveraging a combination of robotics, computer vision, and Artificial Intelligence, the company has created a tractor-drawn citrus-picking robot that uses robotic arms to precisely grip, snip, and harvest ripe oranges from orchards. In a market currently […]